CoreSite Realty (COR) Tops Q4 FFO by 2c/Share

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Go back to CoreSite Realty (COR) Tops Q4 FFO by 2c/Share

CoreSite Reports Fourth-Quarter Revenue and FFO Per Share Growth of 25% and 31% Year over Year, Respectively

February 11, 2016 7:00 AM EST

Full-year 2015 FFO increased 31% year over year, excluding unusual items in 2014, to $2.86 per share

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

Quarterly and Subsequent Highlights

Reported fourth-quarter funds from operations (FFO) of $0.80 per diluted share and unit, representing 31.1% growth year over year Reported fourth-quarter total operating revenues of $90.9 million, representing a 25.4% increase year over... More