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What’s Going On With Data Center REIT Equinix Stock Today?
Equinix, Inc. reported Q1 FY24 results with revenues up 6%, adjusted EBITDA up to $992M, and a quarterly dividend of $4.26. President and CEO sees potential in digital initiatives driving growth. Gain exposure with Pacer Data & Infrastructure Real Estate ETF.
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For Q2 2024, Expects Revenues To Range Between $2.148B-$2.168B Vs $2.18B Est.; FY24 Revenue $8.692B-$8.792B Vs $8.86B Est.
Business OutlookFor the second quarter of 2024, the company expects revenues to range between $2.148 and $2.168 billion, an increase of approximately 1 - 2% over the previous quarter, or a normalized and constant