Equinix (EQIX) reported Q4 adjusted funds from operations of $8.91 per diluted share, up from $7.92 a year earlier.

Analysts polled by FactSet expected $9.05.

Revenue in the three months ended Dec. 31 rose to $2.42 billion from $2.26 billion a year earlier.

Analysts surveyed by FactSet expected $2.46 billion.

Equinix expects Q1 revenue of $2.496 billion to $2.536 billion. Analysts surveyed by FactSet project $2.47 billion.

The company expects full-year adjusted FFO of $41.93 to $42.74 a share and revenue $10.12 billion to $10.22 billion. Analysts polled by FactSet expect FFO of $40.78 and revenue of $10.07 billion.

Equinix shares rose 8% in premarket trading.