Friday, June 3, 2011

Oppenheimer Discusses Meeting With Equinix Management

from Benzinga:

>>In a note to clients, Oppenheimer writes, "The company was generally upbeat about its near-term and long-term prospects, particularly pointing to continued growth in cloud computing which should allow it to continue layering incremental revenues on top of its core collocation offerings. EQIX is looking to deploy as many cloud computing nodes in as many data centers as possible, in order to continue to ride the wave of innovation. Currently cloud-based services are probably around 25% of revenues, but we would expect this mix to grow going forward."

No comments: