CoreSite Realty (COR) Tops Q4 FFO by 7c

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Go back to CoreSite Realty (COR) Tops Q4 FFO by 7c

CoreSite Reports Fourth-Quarter Financial Results Reflecting Revenue Growth of 22% Year over Year

February 9, 2017 7:00 AM EST

Full-year 2016 operating revenues grew 20% to $400 million

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, 2016.

Quarterly Highlights

Reported fourth-quarter total operating revenues of $110.5 million, representing a 21.5% increase year over year Reported fourth-quarter net income per diluted share of $0.44, representing 37.5% growth year over year Reported fourth-quarter funds from operations (FFO) of $1.06 per... More