HighGravityDataEquinix — Feb 12, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-005122
Showing in the filing
Quarterly cash dividend
“$4.69 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 20
Quarterly cash dividend
“$4.69 per share”
Revenues for FY2025
“$9.033 - $9.133 billion, an increase of approximately 3 - 4% over the previous year on an as-reported basis, or an increase of 7 - 8% on a normalized and constant-currency basis excluding the year-over-year impact of the power pass-through and Equinix Metal ®”
AFFO and AFFO per Share for FY2025
“$3.606 - $3.686 billion, an increase of 7 - 10% over the previous year or a normalized and constant-currency increase of 9 - 12%”
Retail capacity and power capacity to be add… for FY2026
“will add approximately 34,000 cabinets of retail capacity and over 165 megawatts of capacity”
Revenues (Q1 2025 outlook) for Q1 FY2025
“the company expects revenues to range between $2.191 and $2.231 billion, an as-reported decrease of 1 - 3% from the previous quarter, or flat on a normalized and constant-currency basis excluding the quarter-over-quarter impact of the power pass-through”
Revenues for Q1 FY2025
“$2.191 and $2.231 billion”
Adjusted EBITDA (Q1 2025 outlook) for Q1 FY2025
“Adjusted EBITDA is expected to range between $1.011 and $1.051 billion.”
Recurring capital expenditures (Q1 2025 outl… for Q1 FY2025
“Recurring capital expenditures are expected to range between $24 and $47 million.”
Total revenues (full-year 2025 outlook) for FY2025
“total revenues are expected to range between $9.033 and $9.133 billion, an as-reported increase of approximately 3 - 4% over the previous year, or a normalized and constant-currency increase of approximately 7 - 8% excluding the year-over-year impact of the power pass-through and Equinix Metal”
Total revenues for FY2025
“$9.033 and $9.133 billion”
Adjusted EBITDA (full-year 2025 outlook) for FY2025
“Adjusted EBITDA is expected to range between $4.386 and $4.466 billion, an adjusted EBITDA margin of 49%.”
Adjusted EBITDA for FY2025
“$4.386 and $4.466 billion”
AFFO (full-year 2025 outlook) for FY2025
“AFFO is expected to range between $3.606 and $3.686 billion, an as-reported increase of 7 - 10% over the previous year, or a normalized and constant-currency increase of 9 - 12%.”
AFFO for FY2025
“$3.606 and $3.686 billion”
AFFO per share (full-year 2025 outlook) for FY2025
“AFFO per share is expected to range between $36.69 and $37.51, an as-reported increase of 5 - 7% over the previous year, or a normalized and constant-currency increase of 7 - 9%.”
AFFO per share for FY2025
“$36.69 and $37.51”
Total capital expenditures (full-year 2025 o… for FY2025
“Total capital expenditures are expected to range between $3.222 and $3.472 billion.”
Non-recurring capital expenditures, includin… for FY2025
“expected to range between $2.985 and $3.215 billion”
Non-recurring capital expenditures for FY2025
“$2.985 and $3.215 billion”
Recurring capital expenditures (full-year 20… for FY2025
“recurring capital expenditures are expected to range between $237 and $257 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Sets Stage for Future Growth and Margin Expansion • Increased annual revenues 7% on an as-reported basis or 8% on a normalized and constant-currency basis, excluding the impact of power pass-through • Drove significant operating leverage, creating continued value for shareholders • Increased quarterly cash dividend by 10% to $4.69 per share on its common stock, a 10 th consecutive year of increase, based on continued strong operating performance REDWOOD CITY, Calif. - February 12, 2025 - Equinix, Inc. ( Nasdaq: EQIX ), the world’s digital infrastructure company ® , today reported results for the quarter and full-year ended December 31, 2024. "We had an outstanding close to 2024, with revenues for the full year up 8% year-over-year," said Adaire Fox-Martin, CEO and President, Equinix. "Our strategic focus on our customers, solutions, and capacity has not only driven remarkable financial results, but also positioned Equinix to make the very most of the growing AI opportunity. With 22 years of consecutive quarterly revenue growth, a record-breaking Q4 and full year in gross bookings, and significant advancements in our xScale portfolio, we have demonstrated our ability to deliver sustained value to our customers and shareholders alike—all whilst setting our business and ecosystem up to scale even more in the years ahead." 1 2024 Results Summary • Revenues ◦ $8.748 billion, a 7% increase over the previous year on an as-reported basis, or an 8% increase on a normalized and constant-currency basis excluding the year-over-y
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.