Cyxtera Results Presentation Deck
Q1 2022 Financial and Business Highlights
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Total revenue increased by $9.5
million, or 5.5% year over year, to
$182.4 million in the first quarter
Recurring revenue increased by $9.0
million, or 5.5% year over year, to
$173.7 million in the first quarter
Core revenue increased by $9.7
million, or 6.2% year over year, to
$165.9 million in the first quarter
Cyxtera
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Transaction Adjusted EBITDA
increased by $2.5 million, or 4.5%
year over year, to $58.6 million in the
first quarter
Average monthly Core Churn of
1.0% in the first quarter remained flat
with the same quarter of last year
Stabilized occupancy of 70.5% at the
end of Q1 2022, an increase of 320
basis points year over year
Continued to de-lever the balance
sheet with Q1 2022 net financial
leverage of 3.6x, a decrease from
5.6x as of Q1 2021
Signed partnership agreement with
Sify Technologies to enter Indian
market and support our customers'
expansion needs.
Joined the iMasons Climate Accord
as we continue our ESG journeyView entire presentation