June 27, 2007
Equinix Announces Expectation to Exceed Guidance for Second Quarter 2007 Financial Results; Company Sets Quarterly Conference Call
Foster City, CA — June 27, 2007 (11:00 PM PT) — 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.
Forward Looking Statements
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; unanticipated costs or difficulties relating to the integration of IXEurope into Equinix; 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.