Equinix reports Q1 AFFO $9.67, consensus $8.96

Reports Q1 revenue $2.25B, consensus $2.23B. “We delivered a strong start to the year, exceeding our expectations for both bookings and financial performance,” said CEO Adaire Fox-Martin. “Demand for our digital infrastructure and services remains robust. This, together with a healthy balance sheet and customer momentum across a full breadth of geographies, industries, segments, and products, reaffirms our confidence in our strategy and ability to create even greater value. As a result, we raised our guidance across our key financial metrics. I believe our focus on serving our customers even better and innovating the solutions and capacity they need to execute their AI, cloud, and digital strategies, will continue to unlock considerable value in the near and long-term.”