QTS Realty Trust (QTS) Misses Q3 EPS by 27c; Offers FY18 Revenue Mid-Point Outlook Below Consensus
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QTS Reports Third Quarter 2018 Operating Results
October 29, 2018 4:05 PM EDTOVERLAND PARK, Kan., Oct. 29, 2018 /PRNewswire/ --Â QTS Realty Trust, Inc. ("QTS" or the "Company") (NYSE: QTS) today announced operating results for the third quarter ended September 30, 2018. In conjunction with its strategic growth plan announced in the first quarter of 2018, QTS is realigning its product offerings around Hyperscale and Hybrid Colocation, while exiting certain of its Cloud and Managed Services offerings, as well as colocation revenue attached to certain customers in the Cloud and Managed Services business that we expect will not remain with QTS post transition (collectively "Non-Core" operations). QTS... More
