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CyrusOne raises FY FFO outlook after solid Q1

Thursday 2 May 2019 | 10:30 CET | News
Data centre operator CyrusOne reported first-quarter revenues up 14 percent to USD 225 million, driven by increased occupation, expansion outside the US and demand for interconnection services. Adjusted EBITDA rose to USD 119.2 million from USD 109.5 million a year ago, and net profit doubled to USD 89.4 million, helped by a one-time gain of USD 101.2 million on an increase in value of the company's stake in Chinese company GDS. 

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Categories: Fixed
Companies: CyrusOne
Countries: United States
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