Thursday, October 28, 2010

Data Center Stocks News from Around the Web - CoreSite, Equinix, Savvis

By David Gross

A couple quick news items from the last couple days:

  • Renaissance Capital is reporting that CoreSite's quiet period ends November 1st.   CoreSite IPO'd back in September at a price of $16 a share.   Its first public earnings call will take place Friday, November 12th, before the market opens.

  • Equinix announced that it will be holding an analyst day November 11th.   Presentations from that event will be webcast at the company's investor relations site.
  • Savvis reported quarterly revenue of $241 million yesterday, up from $213 million in the year ago quarter.   The company also lifted annual top line guidance from $917 million - $927 million to $925 million - $930 million.   The entire $28 million revenue increase came from hosting and colocation services, bandwidth services were flat at $65 million a quarter.

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