CyrusOne moves back to profit in Q4, sees higher results for 2021

Thursday 18 February 2021 | 11:07 CET | News
Data centre group CyrusOne moved back to a profit in the fourth quarter, helped by a one-off investment hedge-related gain and strong bookings boosted by hyperscale customers. Full-year results came in as expected, closing a record leasing year for the company, with nearly USD 160 million in annualized revenue signed, USD 101 million worth of backlog revenue and a strong balance sheet of over USD 1.7 billion in available liquidity. The company is also expanding into Paris, with fully pre-leased data centre getting constructed on a 13-acre site, and a 25-year lease. The quarterly dividend will

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Categories: Fixed
Companies: CyrusOne
Countries: World
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