CoreSite Realty (COR) Tops Q1 EPS by 3c, Maintains FY15 Guidance

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Go back to CoreSite Realty (COR) Tops Q1 EPS by 3c, Maintains FY15 Guidance

CoreSite Reports First-Quarter Revenue and FFO Per Share Growth, Excluding Non-Recurring Items in the Year-Ago Period, of 17% and 26%, Respectively

April 23, 2015 8:00 AM EDT

Data center revenue increased 18% year over year

DENVER--(BUSINESS WIRE)-- CoreSite Realty Corporation (NYSE: COR), a premier provider of secure, reliable, high-performance data center solutions across the US, today announced financial results for the first quarter ended March 31, 2015.

Quarterly and Subsequent Highlights

Reported first-quarter funds from operations (FFO) of $0.64 per diluted share and unit, representing 25.5% growth year over year, excluding non-recurring items in Q1 2014 Reported first-quarter total operating revenues of $74.8 million, representing a 17.3% increase year over year; total data center... More