EQIX DOWN $17.50 ON THIS ??? >>>
For the quarter, the data center operator now sees revenue of $328 million to $339 million; previous guidance was for $335 million to $338 million. The company noted that the new mid-point of the range is 2.2% lower than it was previously. On the other hand, the company now sees adjusted EBITDA for the quarter of more than $140 million, up from previous guidance of $136 million to $139 million.
For the full year, the company now sees revenue of $1.215 billion, down from a previous forecast range of $1.225 billion to $1.235 billion. Full year adjusted EBITDA is now expected to be about $540 million; previously, the company was expecting $535 million to $540 million.
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