REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Equinix Inc. (EQIX) on Wednesday reported a key measure of profitability in its fourth quarter. The results fell short of Wall Street expectations.

The real estate investment trust, based in Redwood City, California, said it had funds from operations of $770 million, or $7.92 per share, in the period.

The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of $8.09 per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $14 million, or 14 cents per share.

The data center operator, based in Redwood City, California, posted revenue of $2.26 billion in the period, which also fell short of Street forecasts. Nine analysts surveyed by Zacks expected $2.28 billion.

For the year, the company reported funds from operations of $3.36 billion. Revenue was reported as $8.75 billion.

For the current quarter ending in March, Equinix said it expects revenue in the range of $2.19 billion to $2.23 billion.

The company expects full-year funds from operations in the range of $36.69 to $37.51 per share, with revenue ranging from $9.03 billion to $9.13 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EQIX at https://www.zacks.com/ap/EQIX