Equinix, the colocation service provider, to interconnection and managed services, has reported quarterly results for the quarter ended March 31, 2014 580,100,000 $ turnover for the first quarter, an increase of 3% compared to the previous quarter and an increase of 12 % compared to the same quarter last year.
recurring revenues, consisting primarily of colocation, interconnection and managed services were $ 549.7 million for the first quarter, an increase of 2% from the previous quarter and an increase of 11% compared to the same quarter last year. Non-recurring revenues were $ 30.4 million during the quarter.
"Equinix delivered a good start to the year with revenues and adjusted EBITDA above the upper end of our guidance range," said Steve Smith, President and CEO Equinix . "our first quarter performance was solid in the three regions, and our key operating indicators, including MRR per cabinet, MRR churn, and interconnection additions reflect the continued health of the business and the competitive advantage derived from Platform Equinix. "
Equinix Exchange Cloud
"We are also pleased to announce the Equinix Exchange Cloud," Smith said . "This builds on our successful heritage in providing interconnection services by bringing together cloud providers and network services with buyers a new way to realize the promise of cloud computing. With an encouraging start to 2014 Equinix is on track to achieve its financial targets for the year. "
for second quarter 2014 , Equinix expects revenues to be between $ 594.0 and 598 , $ 0,000,000. for full year 2014 , total revenues of the colocation provider should be greater than $ 2,395.0 million, or a year as reported greater than 11% compared to the growth rate of the year.
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