Equinix Q3 Profit Rises to $489 Million as Revenue Climbs 11%

Equinix Inc. (EQIX) reported third-quarter net income of $489 million, or $4.93 per share, up from $374 million, or $3.81 per share, a year earlier, the data center operator announced. Revenue for the period rose 11.0% to $2.571 billion from $2.316 billion last year. The company guided next-quarter revenue to a range of $2.684 billion to $2.724 billion and full-year revenue to $10.325 billion to $10.365 billion.