Equinix, Inc. (Nasdaq: EQIX) said its revenues were USD665.6 million for the second quarter of 2015, a three percent increase over the previous quarter and a 10 percent increase over the same quarter last year.
Recurring revenues, consisting primarily of colocation, interconnection and managed services were USD626.7 million for the second quarter, a three percent increase over the previous quarter and a nine percent increase over the same quarter last year. Non-recurring revenues were USD38.9 million in the quarter. MRR churn for the second quarter was 1.8 percent, as compared to 2.0 percent from the previous quarter.
Cost of revenues were USD315.8 million for the second quarter, a 6 percent increase from the previous quarter and an 8 percent increase from the same quarter last year.
Interest expense was USD74.5 million for the second quarter, an 8 percent increase from the previous quarter and an 11 percent increase from the same quarter last year.
The company recorded income tax expense of USD7.5 million for the second quarter compared to USD6.2 million for the previous quarter and an income tax benefit of USD2.0 million for the same quarter last year.
Net income attributable to the company was USD59.5 million for the second quarter. This represents a basic net income per share attributable to the company of USD1.04 for the second quarter based on a weighted average share count of 56.9 million and a diluted net income per share attributable to the company of USD1.03 for the second quarter based on a weighted average share count of 57.5 million.
Equinix connects the world´s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 33 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.
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