Equinix, Inc. (EQIX) reported net income for the fourth quarter of $35.8 million, compared to $34.5 million in the year-ago quarter. On a per share basis, profit remained flat at $0.71 for both the comparable quarters.
Earnings per share from continuing operations for the current quarter were $108.5 million, compared to $100.7 million in the prior year quarter.
The latest quarter results include impairment charges of $9.9 million and acquisition costs of $1.9 million.
Revenues for the first quarter rose 17 percent to $519.45 million from $443.24 million last year.
Analysts polled by Thomson Reuters expected the company to earn $0.78 per share on revenue of $521.85 million for the quarter. Analysts' estimates typically exclude special items.
Looking forward, the company forecast revenues of $530.0 million to $534.0 million for the second quarter and reaffirmed its revenue outlook of greater than $2.200 billion for the full year of 2013.
Analysts currently expect the company to post revenue of $543.74 million for the first quarter and $2.22 billion for the full year 2013.
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