Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of data center operator Equinix
So what: $0.65 of adjusted earnings per share on sales of $395 million easily eclipsed estimates of $0.48 and $380 million, respectively. The gravy train is expected to keep rolling in the third quarter as sales guidance topped expectations alongside increased EBITDA profits, which should translate into EPS growth as well.
Now what: Equinix is in the habit of beating the Street, and it's easy to see why: its services are a perfect fit for the new hands-off paradigm of data center management in the cloud-computing era. Just as Netflix
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