CoreSite Realty (COR) Tops Q3 FFO by 3c

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CoreSite Reports Third-Quarter Revenue and FFO Per Share Year-over-Year Growth of 23% and 35%, Respectively

October 22, 2015 8:01 AM EDT

2015 FFO guidance increased to a range of $2.82 to $2.86 per share

DENVER--(BUSINESS WIRE)-- CoreSite Realty Corporation (NYSE: COR), a premier provider of secure, reliable, high-performance data center solutions across the U.S., today announced financial results for the third quarter ended September 30, 2015.

Quarterly Highlights

Reported third-quarter funds from operations (FFO) of $0.74 per diluted share and unit, representing 34.5% growth year over year Reported third-quarter total operating revenues of $86.6 million, representing a 22.7% increase year over year; total data center revenues of $84.6... More