2024-02-14 22:29:10 ET
Equinix, Inc. (EQIX)
Q4 2023 Earnings Conference Call
February 14, 2024 17:30 ET
Company Participants
Chip Newcom - Senior Director of Investor Relations
Charles Meyers - Chief Executive Officer
Keith Taylor - Chief Financial Officer
Conference Call Participants
Simon Flannery - Morgan Stanley
Aryeh Klein - BMO Capital Markets
Jonathan Atkin - RBC Capital Markets
Michael Rollins - Citi
David Barden - Bank of America
Michael Elias - TD Cowen
Matt Niknam - Deutsche Bank
Richard Choe - JPMorgan
Frank Louthan - Raymond James
Presentation
Operator
Good afternoon and welcome to the Equinix Fourth Quarter Earnings Conference Call. [Operator Instructions] Also, today's conference is being recorded. If anyone has objections, please disconnect at this time.
I'd now like to turn the call over to Chip Newcom, Senior Director of Investor Relations. Sir, you may begin.
Chip Newcom
Good afternoon and welcome to today's conference call. Before we get started, I would like to remind everyone that some of the statements that we will be making today are forward-looking in nature involve risks and uncertainties. Actual results may vary significantly from those statements and may be affected by the risks we've identified in today's press release and those identified in our filings with the SEC, including our most recent Form 10-K filed February 17, 2023 and 10-Q filed October 27, 2023. Equinix assumes no obligation and does not intend to update or comment on forward-looking statements made on this call. In addition, in light of Regulation Fair Disclosure, it is Equinix' policy not to comment on its financial guidance during the quarter unless it's done through an explicit public disclosure. In addition, we will provide non-GAAP measures on today's conference call. We provide a reconciliation of these measures to the most directly comparable GAAP measures and a list of the reasons why the company uses these measures in today's press release on the Equinix Investor Relations page at www.equinix.com. We've made available on the IR page of our website a presentation designed to accompany this discussion, along with certain supplemental financial information and other data. We would also like to remind you that we post important information about Equinix on the IR page from time to time and encourage you to check our website regularly for the most current available information.
With us today are Charles Meyers, Equinix' CEO and President; and Keith Taylor, Chief Financial Officer. Following our prepared remarks, we'll be taking questions from sell-side analysts. In the interest of wrapping this call up in 1 hour, we'd like to ask these analysts to limit any follow-on questions to one.
At this time, I'll turn the call over to Charles.
Charles Meyers
Good afternoon and welcome to our fourth quarter earnings call. We had a solid close to 2023 as digital transformation and accelerating AI demand drove a record quarter for xScale leasing, robust pricing dynamics and continued momentum across our data center and digital services portfolios. For the full year, we delivered more than $8 billion of revenues, eclipsing 21 years of consecutive quarterly growth, all while driving AFFO per share performance above the top end of our long-term expectations....
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Equinix, Inc. (EQIX) Q4 2023 Earnings Call Transcript