CyrusOne (CONE) Reports Q1 FFO of $0.49/Share
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Go back to CyrusOne (CONE) Reports Q1 FFO of $0.49/Share
May 7, 2015 7:02 AM EDT
HIGHLIGHTS
Year-over-year consolidated revenue growth of 4 percent
Revenue from strategic products totaled $125 million, up 22 percent
compared to prior year
Fioptics revenue totaled $42 million, up 36 percent from a year ago
Strong first quarter Adjusted EBITDA1 of $79 million
Net income of $49 million resulted in diluted earnings per share of
$0.22
Announced the agreement to sell 14 million CyrusOne partnership units
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May 7, 2015 7:01 AM EDT
Year-over-Year Normalized FFO and AFFO Growth of 17% and 27%,
Respectively, and New Lease Signings Totaling $18 Million in Annualized
GAAP Revenue
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 first quarter 2015 earnings.
Highlights
First quarter Normalized FFO of $31.9 million and AFFO of $35.0
million increased 17% and 27%, respectively, over the first quarter of
2014
First quarter revenue of $85.7 million increased 11% over the first
quarter of 2014...
More
