CoreSite Realty (COR) Misses Q3 FFO by 1c; Boosts FY16 FFO Outlook
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CoreSite Reports Third-Quarter Financial Results Reflecting Revenue Growth of 17% Year over Year
October 27, 2016 7:01 AM EDTDENVER--(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 third quarter ended September 30, 2016.
Quarterly and Subsequent Highlights
Reported third-quarter total operating revenues of $101.3 million, representing a 17.2% increase year over year Reported third-quarter net income per diluted share of $0.36, representing 38.5% growth year over year Reported third-quarter funds from operations (FFO) of $0.90 per diluted share and unit, representing 21.6% growth year over year... More