Raymond James downgraded Cyxtera Technologies from Outperform to Mkt Perform

TD Cowen downgraded Cyxtera Technologies from Outperform to Market Perform and set a new price target of $1.00 from $3.00 previously

Exane BNP Paribas initiated coverage of Cyxtera Technologies with a rating of Underperform and set a new price target of $2.00

Citigroup upgraded Cyxtera Technologies from Neutral to Buy and set a new price target of $13.00

Credit Suisse initiated coverage of Cyxtera Technologies with a rating of Outperform and set a new price target of $15.00

UBS initiated coverage of Cyxtera Technologies with a rating of Neutral and set a new price target of $14.00

RBC Capital Mkts initiated coverage of Cyxtera Technologies with a rating of Outperform and set a new price target of $13.00

Truist Securities initiated coverage of Cyxtera Technologies with a rating of Buy and set a new price target of $15.00

Citigroup reiterated coverage of Cyxtera Technologies with a rating of Neutral and set a new price target of $12.00 from $11.00 previously

Raymond James initiated coverage of Cyxtera Technologies with a rating of Outperform

Secures Approval to Access Financing to Support Ongoing Operations Continuing to Operate Unique Global Platform of Highly Interconnected Data Centers Without Interruption Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed on June 4, 2023. The Court granted interim approval to access up to $54 million of the $200 million in debtor-in-possession financing from certain of its term lenders. In addition, Cyxtera obtained interim and final approvals fr

Initiates Pre-Arranged Chapter 11 Process with Substantial Support from Lenders to Facilitate Comprehensive Balance Sheet Restructuring as the Company Executes Growth Strategy  Obtains Commitment for $200 Million in New Financing to Support Ongoing Operations and Continue Meeting Customer Demand for Global Data Center Platform Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that, pursuant to the previously disclosed Restructuring Support Agreement ("RSA") it reached with certain of its lenders holding over two-thirds of its outstanding term loan, the Company and certain of its subsidiaries have initiated a pre-arranged court

Receives $50 Million in New Financing from Lenders to Support Ongoing Business Operations; Enters into Restructuring Support Agreement Reports First Quarter Earnings Highlights, Demonstrating Consistent Revenue Growth and Operating Momentum Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that it has received $50 million in new financing from certain of its lenders, holding over two-thirds of its outstanding term loan (the "Lenders"), to support ongoing business operations. In connection with the new financing, Cyxtera has entered into a Restructuring Support Agreement ("RSA") with the Lenders to strengthen the Company's fina

Organizations can select and deploy services in minutes; streamlined purchasing experience provides agile complement to public cloud for enterprise workloads Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced new online self-service capabilities that allow organizations to evaluate, order, and deploy services from its global data center platform in minutes. Organizations can now shop for and provision on-demand infrastructure, space, power, connectivity, and other services in Cyxtera's data centers at the click of a button, with or without an existing contract in place or the need to engage in a lengthy sales process. "Our new

Cyxtera Technologies, Inc. (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter and full-year ended December 31, 2022. "We achieved solid results in the fourth quarter and another year of growth in 2022, demonstrating continued demand for our global data center platform and our customers' confidence in our ability to help them transform and scale their businesses," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "We delivered 6.0% revenue growth for the year, margin expansion, and positive net bookings. Our results are further validation of the value we bring to our customers with our global scale, i

Collaboration combines Dell Technologies infrastructure with Cyxtera's colocation and Digital Exchange network fabric technologies Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced a strategic collaboration with Dell Technologies to deliver Dell's infrastructure, combined with Cyxtera's colocation and network technologies, that will accelerate the infrastructure deployments of their customers. Leveraging Cyxtera's global footprint of colocation facilities and Digital Exchange network fabric, Cyxtera and Dell will provide global enterprises of all sizes – as well as federal, state, and local government organizations – with full s

Zenlayer, a massively distributed edge cloud services provider, and Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced a partnership to bring high-performance cloud connectivity to global emerging markets. With the partnership, Zenlayer joins Cyxtera's robust ecosystem partner program across Cyxtera's global data center platform. Customers can now connect from Cyxtera's 60+ data centers to multiple sites and cloud service providers in Asia Pacific, Southeast Asia, Europe, Middle East, and Africa through Zenlayer's private backbone, enjoying high speed connectivity with carrier-grade reliability. The relationship also forges a reli

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that Carlos Sagasta, Chief Financial Officer, will participate in two upcoming investor conferences: Raymond James Technology Investors Conference: Data center panel discussion on Monday, December 5, 2022, at 9:45 a.m. ET UBS Global TMT Conference: Fireside chat on Monday, December 5, 2022, at 1:20 p.m. ET The presentations will be made available via webcast on the Investor Relations section of the Cyxtera website at https://ir.cyxtera.com. About Cyxtera Cyxtera is a global leader in colocation and interconnection services, with a footprint of more than 60 data centers in o

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that its Board of Directors has determined to target completion of its previously announced conversion to a real estate investment trust ("REIT") for federal income tax purposes on January 1, 2024 instead of January 1, 2023. Cyxtera's decision is not due to any issue impacting the company's ability to meet the requirements to elect REIT status, but rather to maintain flexibility as it considers alternatives for the company and its capital structure. "Our company continues to perform well, and we remain confident in the strength of our business and the robust demand for our global

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended September 30, 2022. "We are pleased to report strong performance in the third quarter, including our 11th consecutive quarter of positive net bookings," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "Our Q3 results reflect the robust demand for our global platform of highly interconnected data centers, our innovative approach to cloud-like colocation, our strong and diversified customer base, and our unwavering focus on delivering value to our customers." Q3 2022 Financial Highlights Total revenue increased by $9.5 million, or 5.

Cyxtera Technologies, Inc. (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter and full-year ended December 31, 2022. "We achieved solid results in the fourth quarter and another year of growth in 2022, demonstrating continued demand for our global data center platform and our customers' confidence in our ability to help them transform and scale their businesses," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "We delivered 6.0% revenue growth for the year, margin expansion, and positive net bookings. Our results are further validation of the value we bring to our customers with our global scale, i

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended September 30, 2022. "We are pleased to report strong performance in the third quarter, including our 11th consecutive quarter of positive net bookings," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "Our Q3 results reflect the robust demand for our global platform of highly interconnected data centers, our innovative approach to cloud-like colocation, our strong and diversified customer base, and our unwavering focus on delivering value to our customers." Q3 2022 Financial Highlights Total revenue increased by $9.5 million, or 5.

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, announced today it will issue its third quarter 2022 financial results before market open on Tuesday, November 8, 2022, and hold its third quarter earnings conference call at 8:30 am ET that same morning. The company will discuss third quarter results for the period ended September 30, 2022. The conference call will be accessible by dialing 1-833-927-1758 (domestic) or 1-929-526-1599 (international) and entering access code (403952). A simultaneous live webcast of the call will be available via the Investor Relations page on www.cyxtera.com. Participants can register for the conference here. A r

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended June 30, 2022. "Our Q2 results, including Cyxtera's best net bookings quarter to date, completed a strong first half of 2022 and highlights the healthy demand for leading-edge infrastructure solutions," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "Despite the complex macroeconomic trends impacting our sector, the demand among enterprise and service provider customers has resulted in a strong pipeline and favorable pricing environment as we look at the remainder of the year. This strong momentum validates our strategy to provide ea

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, announced today it will hold its second quarter 2022 earnings conference call on Thursday, August 11, 2022 at 8:30 am ET. The company will discuss second-quarter results for the period ended June 30, 2022. Cyxtera will issue its financial results prior to the call. The conference call will be accessible by dialing 1-844-200-6205 (domestic) or 1-929-526-1599 (international) and entering the access code (842191). A simultaneous live webcast of the call will be available via the company's Investor Relations page on www.cyxtera.com. Participants can register for the conference here. A replay of the

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended March 31, 2022. "As we launch into our second year as a publicly traded company, we're excited to report another strong quarter of results to start 2022," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "The solid growth our team delivered serves as further validation of our strategy to continuously drive innovation that makes our data centers easier to consume for our customers across our global footprint. As we continue to invest in our business, both from a geographic and a product perspective, we look forward to delivering solid r

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, announced today it will hold its first quarter 2022 earnings conference call on Thursday, May 12, 2022 at 8:30 am ET. The company will discuss first-quarter results for the period ended March 31, 2022. Cyxtera will issue its financial results prior to the call. The conference call will be accessible by dialing 1-844-200-6205 (domestic) or 1-929-526-1599 (international). A simultaneous live webcast of the call will be available via the Investor Relations page on www.cyxtera.com. Participants can register for the conference here. A replay of the call will be available through Thursday, May 19, 202

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter and full-year ended December 31, 2021. "We're pleased to report continued execution of our business plan in the fourth quarter, delivering solid growth in 2021, our first year as a publicly traded company," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "Further, the midpoint of our 2022 guidance implies year-over-year Revenue and Transaction Adjusted EBITDA growth of 6% and 9%, respectively. Our team is focused on driving innovation on behalf of our customers while continuing to invest in our business for future growth. We are excited abo

Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, announced today it will hold its quarterly conference call on Tuesday, March 22, 2022 at 8:30 am ET. The company will discuss its fourth quarter and full year results for the period ended December 31, 2021. Cyxtera will issue its financial results prior to the call. The conference call will be accessible by dialing 1-844-200-6205 (domestic) or 1-929-526-1599 (international). A simultaneous live webcast of the call will be available via the Investor Relations page on www.cyxtera.com. Participants can register for the conference here. A replay of the call will be available through Tuesday, March 2

-- Raises Full-Year 2021 Outlook -- Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended September 30, 2021. "Combining the strong results our team delivered in the third quarter with the momentum we've generated over the last several quarters gives us the confidence to raise the midpoint of our 2021 revenue and Transaction Adjusted EBITDA guidance by 1% and 2%, respectively, to $699 million and $225 million," said Nelson Fonseca, Cyxtera's Chief Executive Officer. "We're excited to report our first quarterly results since becoming a public company at the end of July, and we look forward to pa

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

3 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

3 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

3 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

3 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)

EFFECT - Cyxtera Technologies, Inc. (0001794905) (Filer)

15-12G - Cyxtera Technologies, Inc. (0001794905) (Filer)

S-8 POS - Cyxtera Technologies, Inc. (0001794905) (Filer)

S-8 POS - Cyxtera Technologies, Inc. (0001794905) (Filer)

POS AM - Cyxtera Technologies, Inc. (0001794905) (Filer)

8-K - Cyxtera Technologies, Inc. (0001794905) (Filer)

8-K - Cyxtera Technologies, Inc. (0001794905) (Filer)

8-K - Cyxtera Technologies, Inc. (0001794905) (Filer)

8-K - Cyxtera Technologies, Inc. (0001794905) (Filer)

8-K - Cyxtera Technologies, Inc. (0001794905) (Filer)

SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13D/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13D/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13D/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13D/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)

SC 13G - Cyxtera Technologies, Inc. (0001794905) (Subject)