Cyxtera Results Presentation Deck
Q3 2022 Financial and Business Highlights
●
●
●
●.
●
Total revenue increased by $9.5 million,
or 5.4% year over year, to $186.6
million in the third quarter
On a constant currency basis, total
revenue increased by $14.1 million, or
8.0% year over year
Core revenue increased by $11.8
million, or 7.3% year over year, to
$172.8 million in the third quarter
Interconnection revenue increased to
11.6% of Total Revenue
Q3 stabilized occupancy increased 480
bps year over year to 73.7%
Cyxtera
●
●
●
●
Transaction Adjusted EBITDA
increased by $0.4 million, or 0.8% year
over year, to $58.5 million in the third
quarter
On a constant currency basis,
Transaction Adjusted EBITDA
increased by $2.8M, or 4.9% year over
year
Strong Core Churn performance in Q3
of 0.8% with YTD Core Churn also at
0.8%, 10bps lower year over year YTD
Continued bookings momentum with
11th consecutive quarter of positive
net bookings
●
●
●
●
Closed an AR securitization facility of
$37.5 million with PNC Bank, N.A.,
providing increased availability and
reduced interest expense as we
continue to proactively manage liquidity
Solid pricing dynamics and increasing
revenue per cabinet
Consistent with long-term strategic
plan, announced the intention to
convert to a REIT
Affirming full year guidance despite
continued FX volatility, rising utility
costs and higher interest ratesView entire presentation