CoreSite Reports Second-Quarter Revenue and FFO per Share Growth of 18% and 31% Year over Year, Respectively
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CoreSite Realty (COR) Tops Q2 FFO by 3c; New CEO Named
July 28, 2016 8:46 AM EDTCoreSite Realty (NYSE: COR) reported Q2 FFO of $0.89, $0.03 better than the analyst estimate of $0.86. Revenue for the quarter came in at $96.09 million versus the consensus estimate of $96.09 million.
CoreSite also announced that Tom Ray is retiring from the Company and that its Board of Directors has appointed Paul Szurek as President and Chief Executive Officer. Mr. Szurek, who has been CoreSites lead independent director since September 2010, will assume the role on September 10, 2016, and Mr. Ray will step down from his role as CoreSite's President, CEO and Board Director and will... More
