CoreSite Realty (COR) Tops Q2 EPS by 1c

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CoreSite Reports Second-Quarter 2017 Financial Results Reflecting Revenue Growth of 23% Year over Year

July 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 second quarter ended June 30, 2017.

Quarterly Highlights

Reported second-quarter total operating revenues of $117.9 million, representing a 22.7% increase year over year Reported second-quarter net income per diluted share of $0.46, representing 24.3% growth year over year Reported second-quarter funds from operations (FFO) of $1.10 per diluted share and unit, representing 23.6% growth year over year... More