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Switch Posts Upbeat Q1 Results, Guides FY21 Revenue In-Line

05/10/2021 13:00

04:55 PM EDT, 05/10/2021 (MT Newswires) -- Switch (SWCH) on Monday reported Q1 adjusted net income per diluted share of $0.08, compared with $0.04 a year ago.

Analysts surveyed by Capital IQ had projected $0.06 per share.

Revenue totaling $130.9 million was up year over year from $128.1 million. Analysts had expected $129.8 million.

For full-year 2021, the company expects revenue to range from $543 million to $555 million. The Street view is for $549 million.

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