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CyrusOne halves net loss as Q4 revenues grow 15%

Thursday 20 February 2020 | 11:22 CET | News
Data centre operator CyrusOne reported revenues of USD 253.9 million for the fourth quarter, up 15 percent from a year earlier. Growth was driven primarily by a 6 percent increase in space, lease termination fees totaling USD 4.7 million and additional interconnection services. The company halved its net loss to USD 52.1 million for the period, and adjusted EBITDA rose 14 percent to USD 137.9 million, slightly ahead of its guidance. 

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Categories: Fixed
Companies: CyrusOne
Countries: World
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