Price: $34.2500
$0.02
0.058%
|
Day's High:
| $34.26
| Week Perf:
| 0.06 %
|
Day's Low: |
$ 34.23 |
30 Day Perf: |
|
Volume (M): |
7,549 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 258,546 |
52 Wk Avg: |
$0.00 |
Open: |
$34.24 |
52 Wk Low: |
$0.00 |
|
|
Market Capitalization (Millions $) |
5,301 |
Shares
Outstanding (Millions) |
155 |
Employees |
800 |
Revenues (TTM) (Millions $) |
669 |
Net Income (TTM) (Millions $) |
386 |
Cash Flow (TTM) (Millions $) |
2 |
Capital Exp. (TTM) (Millions $) |
562 |
Switch Inc
Switch Inc. is a leading data center infrastructure and technology solutions provider based in Las Vegas, Nevada. The company was founded in 2000 and has grown to become a key player in the data center and connectivity industry, with a focus on innovative, sustainable, and secure data center services.
Switch operates the world's largest colocation data center ecosystem, comprising various Tier IV data centers, Tier IV Platinum facilities, and thousands of in-demand industry customers. The company provides a range of TIA 942 certified data center services, including colocation, cloud computing, and managed services.
One of the company's flagship offerings is the Switch Infinity solution, which provides customers with a full-featured data center platform that includes secure connectivity, cloud/hosting services, and an AI-based tool for managing data center infrastructure. The Switch Infinity solution is based on Switch's patented and proprietary data center technology, which includes the company's unique power and cooling infrastructure, known as the Switch TSC (Thermal Storage System).
Switch also offers a range of other services, including the Switch SAFE (Secure Access to the Enterprise) cyber security platform, which provides customers with advanced security solutions for their IT infrastructure. The company also supports various sustainable and environmentally-friendly initiatives, including one of the largest solar-powered data centers in the United States, and the use of renewable energy and water conservation technologies.
In addition to its data center services, Switch operates the Switch CONNECT internet exchange, a carrier-neutral service that enables customers to connect their data center infrastructure with other networks and cloud providers. The company also offers Switch ACCESS, a private connectivity service that allows customers to securely connect their IT infrastructure with networks outside of the data center environment.
Overall, Switch Inc. is a highly innovative and customer-focused data center infrastructure solutions provider, with a commitment to sustainability, security, and reliability. Its state-of-the-art technology, highly-skilled team, and deep industry expertise have made it a key player in the data center and connectivity industry.
Company Address: 7135 S. Decatur Boulevard Las Vegas, 89118 NV
Company Phone Number: 444-4111 Stock Exchange / Ticker: NYSE SWCH
|
|
Customers recorded net loss |
Customers recorded net loss |
|
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Phi Group Inc
Phi Group Inc, an Internet Services and Social Media company, has recently released its financial report for the October to December 31, 2023 period. The results are nothing short of abysmal, indicating a significant decline in revenue and net shortfall compared to the previous year. Moreover, the substantial stock price drop in March 2024 and the stock's continuous decline over the past year are alarming signs of an underlying issue. This article aims to delve into the reasons behind Phi Group Inc's dismal performance and provide insight into the bearish outlook for the company. 1. Declining Revenue and Net Shortfall: Phi Group Inc revealed only $0.005 million in revenue for the October to December 31, 2023 span. This figure signifies a worrisome decline compared to previous periods, creating doubts about the company's ability to generate consistent income. Adding to this concern is the substantial net shortfall of $-1.712 million, which is significantly larger than the $-0.617 million reported a year ago. This indicates that Phi Group Inc is struggling to effectively manage its financial resources, leading to significant losses.
|
Gan Limited
Gan Limited, a leading North American B2B technology provider and International B2C operator in the gaming industry, has reported its unaudited financial results for the quarter and year ended December 31, 2023. The results show a decrease in revenue compared to the previous year, but also highlights the company's efforts to reduce its deficit per share and its growth potential under new leadership. In the financial interval ending December 31, 2023, Gan Limited reported a loss of $0.21 per share, an improvement from $3.45 loss per share in the previous year. However, there was a slight increase in deficit from $0.18 per share in the prior reporting season. The company's revenue also declined by 16.867% to $30.72 million from $36.95 million in the comparable reporting season a year ago, but sequentially it saw a 3.012% surge from $29.82 million.
|
System1 Inc
System1 Inc, an omnichannel customer acquisition marketing platform, recently released its financial report for the fourth quarter of 2023. The company experienced a significant decrease in its returns, with a loss of $0.31 per share compared to a gain of $0.92 per share in the previous year. This decline follows a loss of $1.40 per share in the prior financial reporting period. Likewise, the company's net loss for the period from October to December 2023 amounted to $34.955 million, contrasting with net proceeds of $97.676 million in the same period the year before. Operating earnings also took a hit, falling by 92.26% to $8.773 million, resulting in a considerable decrease in System1 Inc's operating margin from 94.54% in the fourth quarter of 2022 to -934.29%. The company's accounts receivable declined to $56.1 million, which some analysts attribute to slowing demand.
|
Rackspace Technology Inc
In a recent update, Rackspace Technology, a leading end-to-end hybrid, multicloud, and AI solutions company, has made significant announcements regarding offers to eligible holders for the exchange and funding of its existing senior secured notes. These strategic moves aim to enhance the company's financial position and support its growth objectives, assuring investors of a sound future despite some recent turbulent financial results. Financial Performance: Despite a decline in revenue during the fiscal fourth quarter of 2023, Rackspace Technology managed to achieve a remarkable turnaround by posting an impressive earnings per share (EPS) of $0.13, as opposed to a previous $-1.00 deficit. In comparison to the same quarter the previous year, revenue deteriorated by 8.513% to $720.00 million from $787.00 million. It is important to note that this drop in top-line revenue is in contrast to the rest of the Internet Services and Social Media industry, which witnessed a revenue rise during the same period.
|
Baidu Inc
The financial results for the October to December 31, 2023 period for Baidu Inc showcase a strong performance with a significant increase in both revenue and net earnings. The company reported a revenue growth of 5.728% to $18.96 billion compared to $17.93 billion in the same quarter a year ago. Additionally, the bottom-line saw a remarkable increase of 178.02% to $3,036.000 million from $1,092.000 million in the previous year. Moreover, Baidu Inc highlighted the improvement in profit margins, with the net margin rising to 16.01% and the operating margin edging up to 16.24%. Although the operating earnings improved by 33.42% to $3,078 million, the top-line rise was slightly below the industry average at 15.44%.
|
Per Share |
Current |
Earnings (TTM) |
1.52 $ |
Revenues (TTM) |
4.32 $
|
Cash Flow (TTM) |
0.01 $ |
Cash |
0.27 $
|
Book Value |
6.68 $
|
Dividend (TTM) |
0.31 $ |
|
Per Share |
|
Earnings (TTM) |
1.52 $
|
Revenues (TTM) |
4.32 $ |
Cash Flow (TTM) |
0.01 $ |
Cash |
0.27 $
|
Book Value |
6.68 $ |
Dividend (TTM) |
0.31 $ |
|
|
|
|