Switch Announces Second Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Switch, Inc. (SWCH) Reports In-Line Q2 EPS, Slight Miss in Revenues; Offers FY20 Revenue Guidance
August 6, 2020 5:02 PM EDTSwitch, Inc. (NYSE: SWCH) reported Q2 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $126.9 million versus the consensus estimate of $127.18 million.
Second Quarter 2020 Financial Results
Total revenue of $126.9 million, compared to $112.0 million for the same quarter in 2019, an increase of 13%.Income from operations of $25.3 million, an increase of 21% compared to $20.9 million for the year ago quarter.Net income of $13.3 million, compared to net income of $4.7 million for the same quarter in 2019. Net income in the second quarter of 2020 includes the impact... More