CyrusOne (CONE) Tops Q3 EPS by 5c; Boosts FY16 Outlook; Announces CFO Transition
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CyrusOne Reports Third Quarter 2016 Earnings
October 31, 2016 6:00 AM EDTYear-over-Year Net Income Growth of $9.7 Million and Adjusted EBITDA Growth of 24%
DALLAS--(BUSINESS WIRE)-- Global data center service provider CyrusOne Inc. (NASDAQ: CONE), which specializes in providing highly reliable enterprise-class, carrier-neutral data center properties to the Fortune 1000, today announced third quarter 2016 earnings.
Highlights
Third quarter net income of $4.4 million increased $9.7 million over third quarter 2015 Third quarter Adjusted EBITDA of $73.1 million increased 24% over third quarter 2015 Third quarter Normalized FFO per share of $0.67, including $0.04 from non-recurring income, increased 18% over third quarter 2015... MoreCyrusOne Announces Chief Financial Officer Transition
October 31, 2016 6:00 AM EDTDALLAS--(BUSINESS WIRE)-- CyrusOne (NASDAQ: CONE), a leader in colocation and data center services, today announced that its Chief Financial Officer, Gregory R. Andrews, will be leaving the Company effective November 30, 2016 to pursue other interests and will be succeeded by Diane M. Morefield. Ms. Morefield will join the Company as Executive Vice President and Chief Financial Officer effective November 14, 2016.
We are very thankful to Greg for his contributions to CyrusOne which includes raising over $900 million of debt and equity capital to fund our rapid growth as well as helping to increase our enterprise value... More
