CoreSite Realty (COR) Tops Q1 EPS by 2c

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Go back to CoreSite Realty (COR) Tops Q1 EPS by 2c

CoreSite Reports First-Quarter 2017 Financial Results Reflecting Revenue Growth of 24% Year over Year

April 27, 2017 7:00 AM EDT

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 first quarter ended March 31, 2017.

Quarterly and Subsequent Highlights

Reported first-quarter total operating revenues of $114.9 million, representing a 24.3% increase year over year Reported first-quarter net income per diluted share of $0.48, representing 29.7% growth year over year Reported first-quarter funds from operations (FFO) of $1.13 per diluted share and unit, representing 31.4% growth year over year... More