Investing.com - Equinix (NASDAQ:EQIX) reported first quarter earnings that matched analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.44 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $1.35B. That compared to EPS of $0.79 on revenue of $1.22B in the same period a year earlier. The company had reported EPS of $1.36 on revenue of $1.31B in the previous quarter.
For the year, Equinix shares are up 27.64%, outperforming the S&P 500 which is up 17.99% year to date.
Equinix follows other major Technology sector earnings this month
On Tuesday, Apple reported second quarter EPS of $2.46 on revenue of $58.02B, compared to forecasts of EPS of $2.37 on revenue of $57.58B.
Microsoft earnings beat analyst's expectations on Wednesday, April 24, 2019, with third quarter EPS of $1.14 on revenue of $30.57B. Investing.com analysts expected EPS of $1 on revenue of $29.88B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar