Switch Inc - Class A logo

SWCH

Switch Inc - Class A

$33.99

Earnings Summary

Revenue
$164.61Mn
Net Profits
$12.79Mn
Net Profit Margins
7.77%
PE Ratio
755

Highlights

Revenue:

Switch Inc - Class A’s revenue jumped 25.78% since last year same period to $164.61Mn in the Q1 2022. On a quarterly growth basis, Switch Inc - Class A has generated 2% jump in its revenue since last 3-months.

Net Profits:

Switch Inc - Class A’s net profit jumped 9.9% since last year same period to $12.79Mn in the Q1 2022. On a quarterly growth basis, Switch Inc - Class A has generated 225.16% jump in its net profits since last 3-months.

Net Profit Margins:

Switch Inc - Class A’s net profit margin fell -12.63% since last year same period to 7.77% in the Q1 2022. On a quarterly growth basis, Switch Inc - Class A has generated 222.71% jump in its net profit margins since last 3-months.

PE Ratio:

Switch Inc - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 755.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Switch Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.06
EPS Estimate Current Year
0.06

Highlights

EPS Estimate Current Quarter:

Switch Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.06 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Switch Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.06.

Key Ratios

Key ratios of the Switch Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.1
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.02
Dividend Per Share (DPS)
0.21

Highlights

Earning Per Share (EPS):

Switch Inc - Class A’s earning per share (EPS) jumped 11.11% since last year same period to 0.1 in the Q1 2022. This indicates that the Switch Inc - Class A has generated 11.11% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Switch Inc - Class A’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Switch Inc - Class A’s return on equity (ROE) stands at 0.02.

Dividend Per Share (DPS):

Switch Inc - Class A declared 0.21 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.06
0.1
66.67%

Company Information

Switch, Inc. is the independent global leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation technology innovation. Switch Founder and CEO Rob Roy has developed more than 500 issued and pending patent claims covering data center designs that have manifested into the company's world-renowned data centers and technology solutions.

Organisation
Switch Inc - Class A
Headquarters
7135 South Decatur Boulevard, Las Vegas, NV, United States, 89118
Employees
759
Industry
Technology Services
CEO
Rob Roy