
Technology
Equinix raises outlook as revenue grows 11% and capacity plans expand
Recurring connections supported operating growth, while a joint-venture fee and large capital budget qualify the headline earnings picture.
Chinedu Nwosu
2 results for “cloud computing”

Recurring connections supported operating growth, while a joint-venture fee and large capital budget qualify the headline earnings picture.

Cloud revenue reached $63.9 billion, while investment effects widened the gap between reported and adjusted profit growth.