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Switch, Inc. (SWCH) SEC Filing 10-Q Quarterly report for the period ending Monday, September 30, 2019

Switch, Inc.

CIK: 1710583 Ticker: SWCH


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Switch Announces Third Quarter 2019 Financial Results
Revenue of $117.6 million, Net Income of $7.1 million, and Adjusted EBITDA of $56.7 million

LAS VEGAS, NV — November 7, 2019 —
Switch, Inc. (NYSE: SWCH) (“Switch”) today announced financial results for the quarter ended September 30, 2019.

“Switch’s revenue growth continued to accelerate in the third quarter, resulting from strong year-to-date bookings and favorable execution across the organization,” said Rob Roy, CEO, chairman and founder of Switch. “Over the past year Switch has delivered on its commitment to build a world class enterprise sales organization to match its best in class technology infrastructure platform. With our senior sales leadership team now firmly in place, we believe Switch is uniquely positioned to entrench itself as a leading destination for mission critical enterprise colocation and secure hybrid cloud ecosystems.”


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The following information was filed by Switch, Inc. (SWCH) on Thursday, November 7, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Switch, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statement Of Stockholders' Equity
Consolidated Statement Of Stockholders' Equity (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parenthetical)
Commitments And Contingencies
Commitments And Contingencies - Legal Proceedings (Details)
Commitments And Contingencies - Operating Leases (Details)
Commitments And Contingencies - Purchase Commitments (Details)
Equity Method Investments
Equity Method Investments (Details)
Equity-Based Compensation
Equity-Based Compensation (Details)
Equity-Based Compensation (Tables)
Income Taxes
Income Taxes (Details)
Net Income Per Share
Net Income Per Share (Tables)
Net Income Per Share - Calculation Of Basic And Diluted Net Income Per Share (Details)
Net Income Per Share - Potentially Dilutive Securities Excluded From The Computation Of Diluted Net Income Per Share (Details)
Non-Controlling Interest
Non-Controlling Interest (Tables)
Non-Controlling Interest - Narrative (Details)
Non-Controlling Interest - Ownership Of Common Units (Details)
Organization
Property And Equipment, Net
Property And Equipment, Net (Tables)
Property And Equipment, Net - Components Of Property And Equipment, Net (Details)
Property And Equipment, Net - Depreciation And Amortization Of Property And Equipment (Details)
Property And Equipment, Net - Narrative (Details)
Segment Reporting
Segment Reporting (Tables)
Segment Reporting - Composition Of Revenue (Details)
Segment Reporting - Narrative (Details)
Subsequent Events
Subsequent Events (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Concentrations Of Credit And Other Risks (Details)
Summary Of Significant Accounting Policies - Derivative Financial Instruments (Details)
Summary Of Significant Accounting Policies - Fair Value Measurements (Details)
Summary Of Significant Accounting Policies - Prior Period Adjustments (Details)
Summary Of Significant Accounting Policies - Recent Accounting Pronouncements (Details)

Material Contracts, Statements, Certifications & more

Switch, Inc. provided additional information to their SEC Filing as exhibits

Ticker: SWCH
CIK: 1710583
Form Type: 10-Q Quarterly Report
Accession Number: 0001710583-19-000036
Submitted to the SEC: Tue Nov 12 2019 4:12:35 PM EST
Accepted by the SEC: Tue Nov 12 2019
Period: Monday, September 30, 2019
Industry: Computer Programming Data Processing

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