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Equinix Q2 Earnings Call Highlights
['Patrick Bannon']
Daily Political
The company now expects:Total revenue growth of 11% to 12% on a normalized and constant-currency basis.
Monthly recurring revenue growth of about 10%, at the high end of its prior range.
Equinix expects churn to be near the lower end of its typical 2% to 2.5% range in the second half of the year.
Long-Term Growth PlanThrough 2029, Equinix expects annual revenue growth of 10% to 13% and annual AFFO-per-share growth of 9% to 12%.
The company expects growth to begin at the lower end of the revenue range and accelerate as capacity expansion comes online.