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switch Switch Announces Second Quarter 2021 Financial Results Revenue of $ 141.7 million , Net Income of $ 9.7 million , and Adjusted EBITDA of $ 79.0 million Q2 Organic Revenue and Adjusted EBITDA Growth of 9 % and 12 % , Respectively First Half 2021 Incremental Annualized Revenue Bookings Growth of 54 % Year over Year Increased 2021 Guidance to 11 % Organic Revenue and Adjusted EBITDA Growth at the Midpoint Closed the Acquisition of Data Foundry on June 7 , 2021 LAS VEGAS , NV - August 5 , 2021 — Switch , Inc. ( NYSE : SWCH ) ( " Switch " ) today announced financial results for the quarter ended June 30 , 2021 . " Switch's robust sales performance continued through the second quarter of 2021 , driving a record revenue backlog for the third consecutive quarter , " said Rob Roy , Founder and CEO of Switch . " Importantly , customer installations in the first half of 2021 have paced ahead of expectations , resulting in strong backlog conversion and accelerated revenue growth . Following the close of our Data Foundry acquisition , we are already executing on operational efficiencies and seeing strong customer demand in Texas . We look forward to sharing future progress as we continue to expand capacity at The Rock Campus , both at Dell's global headquarters and the Data Foundry properties in Austin and Houston . These initiatives are in addition to our highly active construction pipeline across the other Switch Primes , where we expect to open 1.3 million square feet of space between now and early 2023. " 1