Equinix, Inc. (Nasdaq: EQIX), the leading provider of
network-neutral data centers and Internet exchange services, today
announced that it expects to exceed previously announced guidance for
second quarter 2007 earnings. Revenues are expected to increase to
$90.0 million to $91.0 million versus prior revenue guidance of $88.0
million to $89.0 million. EBITDA is expected to increase to $34.0
million to $35.0 million versus prior EBITDA guidance of $33.0 million
to $34.0 million.
The company also announced that it will hold its quarterly
conference call on Wednesday, July 25, 2007, at 5:30 p.m. ET (2:30
p.m. PT). On the call, the company will discuss second quarter results
for the period ended June 30, 2007, and outlook for the third quarter
2007. To hear the conference call live, please dial 773-799-3263
(domestic and international) and reference the passcode (EQIX). A
simultaneous live Webcast of the call will be available over the
Internet at www.equinix.com, under the Investor Relations heading.
About Equinix
Equinix is the leading global provider of network-neutral data
centers and Internet exchange services for enterprises, content
companies, systems integrators and network services providers. Through
the company's Internet Business Exchange(TM) (IBX(R)) centers in 10
markets in the U.S. and Asia, customers can directly interconnect with
every major global network and ISP for their critical peering, transit
and traffic exchange requirements. These interconnection points
facilitate the highest performance and growth of the Internet by
serving as neutral and open marketplaces for Internet infrastructure
services, allowing customers to expand their businesses while reducing
costs.
This press release contains forward-looking statements that
involve risks and uncertainties. Actual results may differ materially
from expectations discussed in such forward-looking statements.
Factors that might cause such differences include, but are not limited
to, the challenges of acquiring, operating and constructing IBX
centers and developing, deploying and delivering Equinix services; a
failure to receive significant revenue from customers in recently
built out data centers; failure to complete any financing arrangements
contemplated from time to time; competition from existing and new
competitors; the ability to generate sufficient cash flow or otherwise
obtain funds to repay new or outstanding indebtedness; the loss or
decline in business from our key customers; the results of any
litigation relating to past stock option grants and practices; and
other risks described from time to time in Equinix's filings with the
Securities and Exchange Commission. In particular, see Equinix's
recent quarterly and annual reports filed with the Securities and
Exchange Commission, copies of which are available upon request from
Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
Internet Business Exchange is a trademark of Equinix, Inc.