Equinix releases Q2 2015 results

Global datacentre company Equinix, has reported quarterly results for the quarter ended June 30th, 2015.

Revenues were US$665.6 million for the second quarter, a 3% increase over the previous quarter and a 10% increase over the same quarter last year. Recurring revenues, consisting primarily of colocation, interconnection and managed services were US$626.7 million for the second quarter, a 3% increase over the previous quarter and a 9% increase over the same quarter last year. Non-recurring revenues were US$38.9 million in the quarter. MRR churn for the second quarter was 1.8%, as compared to 2.0% from the previous quarter.

“This marks our 50th quarter of consecutive revenues growth, and the continued strength and momentum of our business reflects our strategic position and the value of our global platform,” said Steve Smith, president and CEO of Equinix. “We sit at the crossroads of the Internet where our customers use Platform Equinix to innovate and accelerate their businesses. The scope, scale, reach and diversity of our global offering remain without parallel and we are continuing to invest across systems, processes and people to ensure consistent service delivery worldwide.”

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