-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R2FH6x71MyxwelGbK9b2t3SygQq9t3R8BWdEmaqB/fzJJ6+/C7tOh0WHoZMxiCnw AnYnAhcqidrOUtk5ZsD7uA== 0001157523-10-002951.txt : 20100507 0001157523-10-002951.hdr.sgml : 20100507 20100507080216 ACCESSION NUMBER: 0001157523-10-002951 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100507 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100507 DATE AS OF CHANGE: 20100507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUINIX INC CENTRAL INDEX KEY: 0001101239 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 770487526 STATE OF INCORPORATION: DE FISCAL YEAR END: 1218 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-31293 FILM NUMBER: 10810181 BUSINESS ADDRESS: STREET 1: 301 VELOCITY WAY, 5TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 650-513-7000 MAIL ADDRESS: STREET 1: 301 VELOCITY WAY, 5TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 8-K 1 a6282035.htm EQUINIX, INC. 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549



FORM 8-K



CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934



Date of Report (date of earliest event reported):  May 7, 2010

 

EQUINIX, INC.

(Exact Name of Registrant as Specified in its Charter)


Delaware

 

000-31293

 

77-0487526

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

 

 

(I.R.S. Employer

Identification Number)



 

301 Velocity Way, 5th Floor

Foster City, California 94404

(650) 513-7000

(Addresses of principal executive offices)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 7.01.

Regulation FD Disclosure

On May 7, 2010, Equinix, Inc. (“Equinix”) issued a press release containing updated guidance for the quarter ending June 30, 2010, and the year ending December 31, 2010, following its acquisition of Switch & Data Facilities Company, Inc. A copy of Equinix’s press release is attached hereto as Exhibit 99.1.  The attached exhibit is provided under this Item 7.01 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.  

Item 9.01.

Financial Statements and Exhibits



 

(d) Exhibits.

 
99.1 Press Release of Equinix, Inc. dated May 7, 2010.


SIGNATURES


          Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 

EQUINIX, INC.

 

 

DATE:

May 7, 2010

By:

/s/ KEITH D. TAYLOR

Keith D. Taylor

Chief Financial Officer


EXHIBIT INDEX



 

Exhibit

Number

Description

 
 
99.1 Press Release of Equinix, Inc. dated May 7, 2010.

EX-99.1 2 a6282035_ex991.htm EXHIBIT 99.1

Exhibit 99.1

Equinix Provides Updated Guidance to Reflect Acquisition of Switch and Data

FOSTER CITY, Calif.--(BUSINESS WIRE)--May 7, 2010--Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, today announced its updated guidance for the second quarter and the full year of 2010 to reflect the anticipated results following its acquisition of Switch & Data Facilities Company, Inc. announced earlier this week. All guidance reflects a closing date of April 30, 2010 for the Switch and Data acquisition and therefore contributes to Equinix’s guidance from May 1, 2010 onwards.

For the second quarter of 2010, the Company expects revenues to be in the range of $296.0 to $298.0 million. Cash gross margins should approximate 64% and cash selling, general and administrative expenses should approximate $64.0 million. Adjusted EBITDA is expected to be between $125.0 and $127.0 million. Capital expenditures are expected to be in the range of $155.0 to $185.0 million, comprised of approximately $33.0 million of ongoing capital expenditures and $122.0 to $152.0 million of expansion capital expenditures.

For the full year of 2010, total revenues are expected to be in the range of $1,225.0 to $1,240.0 million. Cash gross margins should approximate 64% and cash selling, general and administrative expenses should range between $255.0 and $260.0 million. Adjusted EBITDA for the year is expected to be between $525.0 and $535.0 million. Capital expenditures for 2010 are expected to be in the range of $520.0 to $580.0 million, comprised of approximately $130.0 million of ongoing capital expenditures and $390.0 and $450.0 million of expansion capital expenditures.

The Company will discuss this updated guidance and the closure of this transaction on a conference call on Friday, May 7, 2010, at 8:30 a.m. ET (5:30 a.m. PT). To hear the conference call live, please dial 773-756-4788 (domestic and international) and reference the passcode (EQIX). A simultaneous live Webcast of the call will be available over the Internet at www.equinix.com, under the Investor Relations heading.

A replay of the call will be available beginning on Friday, May 7, 2010 at 10:30 a.m. (ET) through June 7, 2010 by dialing 203-369-3826 and reference the passcode (2010). In addition, the Webcast will be available on the company's Web site at www.equinix.com. No password is required for the webcast.


About Equinix

Equinix, Inc. (Nasdaq:EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and more than 575 network service providers rely upon Equinix’s insight and expertise to protect and connect their most valued information assets. Equinix operates 87 data centers across 35 metro regions in North America, Europe and Asia-Pacific.

Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com/investors. We encourage you to check Equinix’s website regularly for the most up-to-date information.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.

CONTACT:
Equinix, Inc.
Joan Powell, 650-513-7098 (Media)
joanpowell@Equinix.com
Jason Starr, 650-513-7402 (Investor Relations)
jstarr@Equinix.com

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