Equinix Q1 Profit Rises - Quick Facts

(RTTNews) - Equinix Inc. (EQIX) Wednesday reported first-quarter net income attributable to Equinix of $41.4 million or $0.81 per share, compared to $32.8 million or $0.65 per share in the comparable quarter last year.

On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.72 for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose 12% to $580.05 million from $516.13 million last year. Analysts estimated revenues of $574.85 million for the quarter.

For the second quarter of 2014, the company expects revenues to range between $594.0 million and $598.0 million. Analysts currently see revenues of $588.52 million for the quarter.

For the full year of 2014, the company sees total revenues to be greater than $2.40 billion. Analysts currently see revenues of $2.39 billion for the year.

Earlier, the company expected total revenues to be greater than $2.38 billion.