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Equinix revenue tops $2.1 billion in third quarter of 2023, FY forecast lowered

The company has revised its revenue projection for the fiscal year to be between US$8.17 billion and US$8.21 billion, slightly less than last quarters projection. The trust said this is due to a challenging macroeconomic climate potentially causing companies to reconsider their cloud-based infrastructure plans.

By João Marques Lima

Founder and Editor, The Tech Capital

7 Mins

October 26, 2023 | 1:27 AM BST

Equinix revenue tops $2.1 billion in third quarter of 2023, FY forecast lowered

Charles Meyers, President and CEO, Equinix.

The Tech Capital

US data centre REIT Equinix (NASDAQ: EQIX) saw its revenue grow to US$2.06 billion in the third quarter of 2023, a 12% increase compared to the same quarter last year, according to its most recent filing.

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João Marques Lima

Founder and Editor, The Tech Capital

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