Switch: Q2 Earnings Snapshot

August 8, 2022 GMT

LAS VEGAS (AP) _ Switch Inc. (SWCH) on Monday reported second-quarter earnings of $376.8 million.

On a per-share basis, the Las Vegas-based company said it had profit of $1.51. Earnings, adjusted for non-recurring gains, came to 2 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The data center operator posted revenue of $168.2 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $166 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWCH at https://www.zacks.com/ap/SWCH