CoreSite Realty (COR) Tops Q2 FFO by 4c

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Go back to CoreSite Realty (COR) Tops Q2 FFO by 4c

CoreSite Reports Second-Quarter 2018 Financial Results Reflecting Revenue Growth of 15.7% Year over Year

July 26, 2018 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, 2018.

Quarterly Highlights

Second-quarter total operating revenues were $136.4 million, a 15.7% increase year over year Second-quarter net income per diluted share was $0.57, a 23.9% increase year over year Second-quarter funds from operations (FFO) was $1.28 per diluted share and unit, a 16.4% increase year over year... More