These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results and conditions to differ materially from those indicated in the forward-looking statements, including, but not limited to, changes in domestic and foreign business, market, financial, political and legal conditions; the risk that the market price of the companys securities may decline if the transactions benefits do not meet the expectations of investors or securities analysts; risks relating to the uncertainty of Cyxteras projected operating and financial information; the impact of Cyxteras substantial debt on its future cash flows and its ability to raise additional capital in the future; adverse global economic conditions and credit market uncertainty; the regulatory, currency, legal, tax and other risks related to Cyxteras international operations; the United Kingdoms withdrawal from the European Union and the potential negative effect on global economic conditions, financial markets and Cyxteras business; the effects of the COVID-19 pandemic on Cyxteras business or future results; the ability to access external sources of capital on favorable terms or at all, which could limit Cyxteras ability to execute its business and growth strategies; fluctuations in foreign currency exchange rates in the markets in which Cyxtera operates internationally; physical and electronic security breaches and cyber-attacks, which could disrupt Cyxteras operations; Cyxteras dependence upon the demand for data centers; Cyxteras products and services having a long sales cycle that may harm its revenues and operating results; any failure of Cyxteras physical infrastructure or negative impact on its ability to provide its services, or damage to customer infrastructure within its data centers, which could lead to significant costs and disruptions that could reduce Cyxteras revenue and harm its business reputation and financial results; inadequate or inaccurate external and internal information, including budget and planning data, which could lead to inaccurate financial forecasts and inappropriate financial decisions; maintaining sufficient insurance coverage; environmental regulations and related new or unexpected costs; climate change and responses to it; prolonged power outages, shortages or capacity constraints; the combined companys ability to recruit or retain key executives and qualified personnel; the ability to compete successfully against current and future competitors; Cyxteras fluctuating operating results; incurring substantial losses, as Cyxtera has previously; Cyxteras ability to renew its long-term data center leases on acceptable terms, or at all; Cyxteras government contracts, which are subject to early termination, audits, investigations, sanctions and penalties; failure to attract, grow and retain a diverse and balanced customer base; future consolidation and competition in Cyxteras customers industries, which could reduce the number of Cyxteras existing and potential customers and make it dependent on a more limited number of customers; Cyxteras reliance on third parties to provide internet connectivity to its data centers; disruption or termination of connectivity; government regulation; the non-realization of the financial or strategic goals related to acquisitions that were contemplated at the time of any transaction; Cyxteras ability to protect its intellectual property rights; Cyxteras ability to continue to develop, acquire, market and provide new offerings or enhancements to existing offerings that meet customer requirements and differentiate it from its competitors; disruptions associated with events beyond its control, such as war, acts of terror, political unrest, public health concerns, labor disputes or natural disasters; sales or issuances of shares of the combined companys common stock may adversely affect the market price of the combined companys common stock; the requirements of being a public company, including maintaining adequate internal control over financial and management systems; risks related to corporate social responsibility; Cyxteras ability to lease available space to existing or new customers, which could be constrained by its ability to provide sufficient electrical power; Cyxteras ability to adapt to changing technologies and customer requirements; Cyxteras ability to manage its growth; risks related to litigation, securities class action or threatened litigation which may divert management time and attention, require Cyxtera to pay damages and expenses or restrict the operation of its business; the volatility of the market price of the combined companys stock; the incurrence of goodwill and other intangible asset impairment charges, or impairment charges to Cyxteras property, plant and equipment, which could result in a significant reduction to its earnings; U.S. and foreign tax legislation and future changes to applicable U.S. or foreign tax laws and regulations and/or their interpretation may have an adverse effect on Cyxteras business, financial condition and results of operations and tax rules and regulations are subject to interpretation and require judgment by Cyxtera that may be successfully challenged by the applicable taxation authorities upon audit, which could result in additional tax liabilities; and Cyxteras ability to use its United States federal and state net operating losses to offset future United States federal and applicable state taxable income may be subject to certain limitations which could accelerate or permanently increase taxes owed. Cyxtera Announces Fourth Quarter and Full-Year 2022 Results The U.S. dial-in for the conference call replay is 1-866-813-9403 (+44-204-525-0658). Cyxtera Bolsters Investor Relations Team Through Addition of Industry Email Alerts; Contacts; RSS News Feed; Riot Platforms, Inc. Connectivity Transfer Agent. Powered By Q4 Inc. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://event.on24.com/wcc/r/3356584/44672E3AC4ED3383436505D58B97251B, Accounts receivable, net of allowance of $0.8 and $1.4, respectively, Current portion of long-term debt, capital leases and other financing obligations, Capital leases and other financing obligations, net of current portion, Common shares, $0.01 par value; 1,000 shares authorized; 0.88 of a share, and 0.96 of a share issued and outstanding as of June 30, 2021 and, Cost of revenues, excluding depreciation and amortization, Selling, general and administrative expenses, Restructuring, impairment, site closures and related costs, Impairment of notes receivable and other amounts due from affiliate. You should carefully consider the foregoing factors and the Risk Factors disclosed in Cyxteras filings with the Securities and Exchange Commission ("SEC") from time to time. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Coral Gables, FL 33134. Greer Aviv - Senior Vice President, Investor Relations @ Cyxtera Total revenue increased in Q2 2021 by $2.2 million or 1.3% year-over-year to $175.4 million. Full-year Core revenue increased by $43.8 million, or 7.4% year over year, to $639.2 million. A world-class, global data center operator that providesdeeply connected and intelligently automated infrastructureto businessesaround the world enabling them to scale faster,meet rising consumer expectationsand gaina competitive edge. (opens in new window), Cyxtera Announces Fourth Quarter and Full-Year 2021 Results, https://www.incommglobalevents.com/registration/q4inc/10307/cyxtera-q4-2021-earnings-call/, Case Study | Tevalis and Cyxtera Enterprise Bare Metal. Due to these ongoing efforts, Cyxtera will not hold a fourth quarter 2022 conference call and is not providing 2023 guidance at this time. Actual results and conditions (financial or otherwise) may differ materially from those indicated in the forward-looking statements. For more information, please visit www.cyxtera.com. Transaction Adjusted EBITDA represents the measure of EBITDA disclosed to SVAC in connection with its consideration of the business combination transaction between Starboard Value Acquisition Corp. (SVAC) and Cyxtera. Colocation Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Cyxteras control. Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Cyxteras control. Transaction Adjusted EBITDA represents the measure of EBITDA disclosed to SVAC in connection with its consideration of the business combination transaction between SVAC and Cyxtera. The identities of the investors or companies that have submitted bids were not disclosed. After submitting your request, you will receive an activation email to the requested email address. You should carefully consider the foregoing factors and the Risk Factors disclosed in Cyxteras filings with the Securities and Exchange Commission (SEC) from time to time. The U.S. dial-in for the conference call replay is 1-877-344-7529 (1-412-317-0088). We are pleased with our second quarter performance. argenx is a global immunology company developing antibody-based medicines for patients suffering from severe autoimmune diseases and cancer. 1 minute read. Cyxtera Technologies - Resources - Investor FAQs This press release includes constant currency revenue and Transaction Adjusted EBITDA, which are non-GAAP financial measures and are not meant to be considered in isolation or as an alternative to GAAP revenue and GAAP net income (loss). Net debt is equal to total debt minus cash and cash equivalents. Cyxtera is a global leader in colocation and interconnection services, with a footprint of more than 60 data centers in over 30 markets. (opens in new window), Cyxtera Announces Fourth Quarter and Full-Year 2022 Results, Case Study | Tevalis and Cyxtera Enterprise Bare Metal. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on managements belief or interpretation of information currently available. Analyst, Investor Relations (737) - 281 - 0101 investorrelations@digitalrealty.com. Secured a new 9-MW facility in Silicon Valley and announced capacity expansions in existing Silicon Valley and Chicago facilities. The live webcast of the call can be accessed at the Cyxtera Investor Relations website at Xavier Gonzalez . Transaction Adjusted EBITDA represents the measure of EBITDA disclosed to SVAC in connection with its consideration of the recently completed business combination transaction between SVAC and Cyxtera. The U.S. dial-in for the conference call replay is 1-866-813-9403 (+44-204-525-0658). Investor Presentation and Supplemental Financial Information. You can sign up for additional alert options at any time. At Cyxtera Technologies, we promise to treat your data with respect and will not share your information with any third party. Miami, FL August 9, 2021 Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended June 30, 2021. As a Non-GAAP financial measure, Transaction Adjusted EBITDA excludes items that are significant in understanding and assessing Cyxteras financial results or position. 1A complete reconciliation of Net Loss to Transaction Adjusted EBITDA is included in the financial tables included in this release. In the second quarter of 2021 our team built on the momentum we created through 2020 and the first quarter this year to again deliver solid results, said Nelson Fonseca, Cyxteras Chief Executive Officer. Fahim and Raymond Svider, Partner and Chairman of BC Partners, have been tremendous supporters over the past four years. Core revenue increased by $10.6 million or 7.1% year-over-year to $159.4 million. The U.S. dial-in for the call is 1-866-777-2509 (1-412-317-5413 for non-U.S. callers). We emphasize a culture of accountability and conduct our business in a manner that is fair, ethical, and responsible to earn the trust of our stakeholders. Transaction Adjusted EBITDA increased by $3.2 million or 5.4% year-over-year, to $62.3 million, principally due to higher revenue and improvements in cost of revenue on a Net Loss of $93.0 million in the quarter, inclusive of a $58.9 million restructuring charge for the closure of the Companys Moses Lake facility. Therefore, this measure should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, Cyxtera is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Further, the midpoint of our 2022 guidance implies year-over-year Revenue and Transaction Adjusted EBITDA growth of 6% and 9%, respectively. Credit ratings upgraded to B- and B3 by both S&P and Moodys, respectively, and stable outlooks issued from both agencies. You must click the activation link in order to complete your subscription. Cyxtera We are very excited that they will remain investors in the company going forward, alongside Medina Capital, and that both will continue serving on the Board. In addition, we have completed our business combination with Starboard Value Acquisition Corp, which strengthened our balance sheet and financial position, including the repayment of the second lien, reducing our leverage ratio from 10.0x to 8.0x, said Carlos Sagasta, Cyxteras Chief Financial Officer. Investor Presentation and Supplemental Financial Information Concurrently with holding its conference call, Cyxtera will make available on its website a Cyxtera Announces Second Quarter 2021 Results 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, Cyxteras Chief Executive Officer. With IT infrastructure becoming increasingly hybrid, complex, and distributed, we continue to expand our portfolio beyond space and power to deliver more cloud-like and flexible infrastructure solutions across its global data center platform and robust partner ecosystem. 110 ir@riot.inc. along with the Company's earnings press release and earnings presentation designed to accompany the discussion of the financial results. On a constant currency basis, total revenue increased by $18.3 million, or 10.3% year over year. The replay access code is 532977. be available on Cyxtera's Investor Relations website for one year. Core revenue increased by $17.1 million, or 10.5%, year over year to $179.6 million in the fourth quarter. Recurring revenue increased by $6.4 million, or 3.9% year over year, to $170.3 million in the fourth quarter. The Global Data Center Platform. Hybrid IT The U.S. dial-in for the call is 1-646-904-5544 (1-929-526-1599 for non-U.S. callers); access code 740263. Marketplace, August 07, 2023 Compete in todays digital economy with a solution that combines the financial and operational flexibility of the cloud with the performance, reliability, and security of enterprise-grade infrastructure. The U.S. dial-in for the conference call replay is 1-877-344-7529 (1-412-317-0088). Miami, FL May 26, 2021 - Cyxtera, a global leader in data center colocation and interconnection services, today released financial results for the quarter ended March 31, 2021. The company operates a footprint of more than 60 data centers in 29 markets around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. As a Non-GAAP financial measure, Transaction Adjusted EBITDA excludes items that are significant in understanding and assessing Cyxteras financial results or position. Global Data Center Colocation Leader | Cyxtera xavier.gonzalez@cyxtera.com To present this information, Cyxteras current and comparative prior period revenues and certain operating expenses from entities with functional currencies other than the U.S. dollar are converted into U.S. dollars at a consistent exchange rate for purposes of each result being compared. Statement Regarding Non-GAAP Financial Measures. You should review Cyxteras unaudited financial statements and the reconciliation of the non-GAAP financial measures included in this press release to the most directly comparable GAAP financial measures provided in this release and not rely on any single financial measure to evaluate Cyxteras business. Changes in operating assets and liabilities, excluding impact of acquisitions and dispositions: Net cash provided by operating activities, Net cash (used in) provided by investing activities, Proceeds from issuance of long-term debt and other financing obligations, Proceeds from recapitalization, net of issuance costs, Repayment of finance leases and other financing obligations, Proceeds from the exercise of warrants, net of redemptions, Proceeds from the exercise of the optional shares purchase options, Net cash provided by (used in) financing activities, Effect of foreign currency exchange rates on cash, RECONCILIATION OF GAAP TO NON-GAAP RESULTS, Amortization of Favorable / Unfavorable Leasehold Interest & ARO accretion, Change in fair value of warrant liabilities, Note: Numbers may not foot or cross-foot due to rounding, Press Contact: Cyxtera Technologies combines a worldwide footprint of best-in-class data centers with a portfolio of modern, cloud- and hybrid-ready security and analytics offerings - providing more than 3,500 enterprises, government agencies and service providers an integrated, secure and resilient infrastructure platform for critical applications and systems. Cyxtera Announces First Quarter 2021 Results Today, we provide more than 2,300 enterprise and government customers with the technology solutions they need to scale faster, achieve financial goals, and gain a competitive advantage. Time, while an archived version of the webcast will be available on Cyxtera's Investor Relations website for one year. Greer Aviv Cyxtera will host a conference call and webcast to discuss its quarterly results for the period ended June 30, 2021 on Tuesday, August 17, 2021 at 4:30 PM Eastern Time. Full-year Core revenue increased by $48.0 million, or 7.5% year over year, to $687.1 million. After submitting your request, you will receive an activation email to the requested email address. Vice President, Investor Relations. Cyxtera has presented these non-GAAP financial measures to provide investors with an additional tool to evaluate its results without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of Cyxteras business performance. Statement Regarding Non-GAAP Financial Measures. This new company has been named Cyxtera. Our deeply connected, intelligently automated global data center platform offers not only world-class performance, security, and reliability, but also a true partnership that includes dynamic, flexible solutions designed to deliver customer agility in todays world of distributed hybrid IT. A replay of the conference call will be available until August 24, 2021, at 11:59 p.m. Eastern Time, while an archived version of the webcast will be available on Cyxteras Investor Relations website for one year. Cyxtera To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, announced today the addition of Greer Aviv as Senior Vice President of Investor Relations to help enhance its efforts to engage with the investment community.With deep expertise and significant industry experience, Aviv will be responsible for continuing to build and nurture relationships with . Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included. Cyxtera Technologies - Cyxtera Files Plan of Reorganization and Cyxtera Announces Second Quarter 2021 Results | Business Wire Therefore, this measure should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. Cyxtera will host a conference call and webcast to discuss its quarterly results for the period ended June 30, 2021 on Tuesday, August 17, 2021 at 4:30 PM Eastern Time. (opens in new window), Case Study | Tevalis and Cyxtera Enterprise Bare Metal. TMT. Investor Presentation and Supplemental Financial Information When available, the presentation and supplemental financial information can be accessed on the Cyxtera Investor Relations website at http://ir.cyxtera.com/. Investor Email Alerts. We delivered 6.0% revenue growth for the year, margin expansion, and positive net bookings. Actual results and conditions (financial or otherwise) may differ materially from those indicated in the forward-looking statements. The company now expects expansion capital expenditures of $65 to $80 million. . MIAMI--(BUSINESS WIRE)-- Were happy to help with any questions, please let us know how we can help with your next IT solution. MIAMI, (BUSINESS WIRE) -- Cyxtera Technologies, Inc. (NASDAQ: CYXT ), a global leader in data center colocation and interconnection services, today released financial results for the quarter and. IR@cyxtera.com. In connection with the Transactions, SVAC filed a preliminary proxy statement (the "Proxy Statement") with . This press release also includes certain projections of non-GAAP financial measures concerning the company. The top end of the range represents a $15 million increase from previous guidance and reflects the recently announced expansion capacity in top tier North American and International markets. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results and conditions to differ materially from those indicated in the forward-looking statements, including, but not limited to, changes in domestic and foreign business, market, financial, political and legal conditions; the risk that the market price of the companys securities may decline if the transactions benefits do not meet the expectations of investors or securities analysts; risks relating to the uncertainty of Cyxteras projected operating and financial information; the impact of Cyxteras substantial debt on its future cash flows and its ability to raise additional capital in the future; adverse global economic conditions and credit market uncertainty; the regulatory, currency, legal, tax and other risks related to Cyxteras international operations; the United Kingdoms withdrawal from the European Union and the potential negative effect on global economic conditions, financial markets and Cyxteras business; the effects of the COVID-19 pandemic on Cyxteras business or future results; the ability to access external sources of capital on favorable terms or at all, which could limit Cyxteras ability to execute its business and growth strategies; fluctuations in foreign currency exchange rates in the markets in which Cyxtera operates internationally; physical and electronic security breaches and cyber-attacks, which could disrupt Cyxteras operations; Cyxteras dependence upon the demand for data centers; Cyxteras products and services having a long sales cycle that may harm its revenues and operating results; any failure of Cyxteras physical infrastructure or negative impact on its ability to provide its services, or damage to customer infrastructure within its data centers, which could lead to significant costs and disruptions that could reduce Cyxteras revenue and harm its business reputation and financial results; inadequate or inaccurate external and internal information, including budget and planning data, which could lead to inaccurate financial forecasts and inappropriate financial decisions; maintaining sufficient insurance coverage; environmental regulations and related new or unexpected costs; climate change and responses to it; prolonged power outages, shortages or capacity constraints; the combined companys ability to recruit or retain key executives and qualified personnel; the ability to compete successfully against current and future competitors; Cyxteras fluctuating operating results; incurring substantial losses, as Cyxtera has previously; Cyxteras ability to renew its long-term data center leases on acceptable terms, or at all; Cyxteras government contracts, which are subject to early termination, audits, investigations, sanctions and penalties; failure to attract, grow and retain a diverse and balanced customer base; future consolidation and competition in Cyxteras customers industries, which could reduce the number of Cyxteras existing and potential customers and make it dependent on a more limited number of customers; Cyxteras reliance on third parties to provide internet connectivity to its data centers; disruption or termination of connectivity; government regulation; the non-realization of the financial or strategic goals related to acquisitions that were contemplated at the time of any transaction; Cyxteras ability to protect its intellectual property rights; Cyxteras ability to continue to develop, acquire, market and provide new offerings or enhancements to existing offerings that meet customer requirements and differentiate it from its competitors; disruptions associated with events beyond its control, such as war, acts of terror, political unrest, public health concerns, labor disputes or natural disasters; sales or issuances of shares of the combined companys common stock may adversely affect the market price of the combined companys common stock; the requirements of being a public company, including maintaining adequate internal control over financial and management systems; risks related to corporate social responsibility; Cyxteras ability to lease available space to existing or new customers, which could be constrained by its ability to provide sufficient electrical power; Cyxteras ability to adapt to changing technologies and customer requirements; Cyxteras ability to manage its growth; risks related to litigation, securities class action or threatened litigation which may divert management time and attention, require Cyxtera to pay damages and expenses or restrict the operation of its business; the volatility of the market price of the combined companys stock; the incurrence of goodwill and other intangible asset impairment charges, or impairment charges to Cyxteras property, plant and equipment, which could result in a significant reduction to its earnings; U.S. and foreign tax legislation and future changes to applicable U.S. or foreign tax laws and regulations and/or their interpretation may have an adverse effect on Cyxteras business, financial condition and results of operations and tax rules and regulations are subject to interpretation and require judgment by Cyxtera that may be successfully challenged by the applicable taxation authorities upon audit, which could result in additional tax liabilities; and Cyxteras ability to use its United States federal and state net operating losses to offset future United States federal and applicable state taxable income may be subject to certain limitations which could accelerate or permanently increase taxes owed.

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