Inactive Instrument

Switch, Inc.

SWCH

US87105L1044

Switch, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 09, 2022 at 04:15 pm EST

Switch, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 174.47 million compared to USD 158.1 million a year ago. Net loss was USD 0.257 million compared to USD 0.369 million a year ago.
For the nine months, sales was USD 507.26 million compared to USD 430.66 million a year ago. Net income was USD 389.37 million compared to USD 15.63 million a year ago. Basic earnings per share from continuing operations was USD 2.58 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 1.6 compared to USD 0.12 a year ago.

Latest news about Switch, Inc.

Switch Names Madonna Park as Chief Financial Officer	23-10-11	CI
DigitalBridge, IFM Investors Complete $11 Billion Switch Acquisition; Switch Shares Delisted	22-12-06	MT
Switch, Inc.(NYSE:SWCH) dropped from S&P TMI Index	22-12-06	CI
Switch, Inc.(NYSE:SWCH) dropped from S&P Global BMI Index	22-12-06	CI
DigitalBridge Partners II, managed by DigitalBridge Group, Inc. and IFM Global Infrastructure Fund, managed by IFM Investors Pty Ltd completed the acquisition of Switch, Inc. from The Vanguard Group, Inc., City National Rochdale, LLC and others.	22-12-05	CI
Insider Sell: Switch	22-11-17	MT
Switch Swings to Q3 Adjusted Loss, Revenue Climbs; Maintains Dividend	22-11-10	MT
Switch Declares A Cash Dividend Payable on December 1, 2022	22-11-09	CI
Earnings Flash (SWCH) SWITCH Posts Q3 Loss $-0.03	22-11-09	MT
Earnings Flash (SWCH) SWITCH Posts Q3 Revenue $174.5M	22-11-09	MT
Switch, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-09	CI
Insider Sell: Switch	22-10-19	MT
Insider Sell: Switch	22-09-19	MT
Switch Q2 Adjusted EPS Drop, Revenue Rises; Quarterly Dividend Maintained at $0.0525 a Share	22-08-08	MT
Earnings Flash (SWCH) SWITCH Reports Q2 Revenue $168.2M	22-08-08	MT
Earnings Flash (SWCH) SWITCH Posts Q2 EPS $0.02	22-08-08	MT
Switch, Inc. Declares Cash Dividend, Payable on September 1, 2022	22-08-08	CI
Switch, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-08	CI
Earnings Reaction History: Switch Inc, 37.5% Follow-Through Indicator, 7.2% Sensitive	22-08-08	MT
Insider Sell: Switch	22-07-19	MT
Switch, Inc.(NYSE:SWCH) added to Russell Small Cap Comp Value Index	22-06-24	CI
Switch, Inc.(NYSE:SWCH) added to Russell Midcap Value Index	22-06-24	CI
Switch, Inc.(NYSE:SWCH) added to Russell 2500 Value Index	22-06-24	CI
Switch, Inc.(NYSE:SWCH) added to Russell 1000 Value Index	22-06-24	CI
Switch, Inc.(NYSE:SWCH) added to Russell 3000E Value Index	22-06-24	CI

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Company Profile

Switch, Inc. is a technology infrastructure company. The Company is engaged in the designing, construction and operation of the advanced data centers. The Company's patented technologies include 100% hot aisle containment rows, exterior wall penetrating multi-mode HVAC units, hot and cold containment segregation structure, redundant data center roofing system, multi-system power containers, data center infrastructure management system (DCIM). It operates five primary campus locations, namely The Core Campus, The Citadel Campus, The Pyramid Campus, The Keep Campus, and The Rock Campus, which encompass 16 colocation facilities with an aggregate of up to 5.1 million gross square feet (GSF) of space, which are located in Las Vegas, Reno, Grand Rapids, Atlanta, and Austin, respectively. The Company's solutions include Switch CONNECT, Switch CLOUD, Switch SAFE and Switch SUPERLOOP.

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