0
Broadband

CyrusOne revenues lift 9% despite sharp fall in profit on less gains from China investment

Thursday 30 April 2020 | 11:21 CET | News
Data centre operator CyrusOne said revenues for the first quarter rose 9 percent from the year before to USD 245.9 million, helped by a 5 percent increase in occupied space and additional interconnection services. The quarterly dividend remains at USD 0.50 per share.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: CyrusOne
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CyrusOne appoints new CEO

Published 29 Jun 2020 17:14 CET | World
Data centre operator CyrusOne has elected Bruce Duncan its new president and CEO from 6 July. Duncan will succeed Tesh Durvasula, ...

CyrusOne enables customers to scale AI through Nvidia DGX-ready data centre

Published 15 May 2020 09:46 CET | World
CyrusOne was named a certified North American colocation partner for the Nvidia DGX-Ready Data Center programme, which helps ...

CyrusOne donates USD 250,000 for food assistance in the US, UK, Germany

Published 14 Apr 2020 09:35 CET | United States
CyrusOne said it's donating USD 250,000 in addition to personal donations from CyrusOne's leadership team, and a USD 50,000 ...

CyrusOne amends USD 2.5 bln unsecured credit facility

Published 02 Apr 2020 08:55 CET | World
CyrusOne said it has amended the agreement for a USD 1.4 billion revolving unsecured credit facility and USD 1.1 billion term ...

CyrusOne unveils first net positive water data centre

Published 23 Mar 2020 18:23 CET | World
CyrusOne said it opened its first net-positive water data centre campus at its flagship Arizona location. The CyrusOne Chandler ...

CyrusOne expands IBM Cloud Direct Link partnership to UK

Published 24 Feb 2020 17:38 CET | United Kingdom
Global data centre operator CyrusOne has announced the launch of IBM Cloud Direct Link to its London I data centre facility near ...

CyrusOne announces CEO transition

Published 21 Feb 2020 08:40 CET | World
Data centre operator CyrusOne announced that its board of directors appointed Tesh Durvasula as interim president and CEO. ...

CyrusOne halves net loss as Q4 revenues grow 15%

Published 20 Feb 2020 11:22 CET | World
Data centre operator CyrusOne reported revenues of USD 253.9 million for the fourth quarter, up 15 percent from a year earlier. ...

CyrusOne raises EUR 500 mln in 7-year debt issue

Published 16 Jan 2020 09:36 CET | Europe
CyrusOne has raised EUR 500 million in an issue of 1.45 percent senior notes due 2027. The debt was priced at 99.861 percent of ...

CyrusOne to reduce workforce by 12%, sees USD 11 mln in savings

Published 13 Jan 2020 15:43 CET | United States
Data centre group CyrusOne announced plans to reduce its workforce by 12 percent, in order to reduce costs. The company said 55 ...

CyrusOne breaks ground on new data centre campus in Council Bluffs, Iowa

Published 10 Dec 2019 19:17 CET | United States
CyrusOne said it started building its data centre in Council Bluffs, Iowa. Located at 4700 Gifford Rd, the first phase of the ...

CyrusOne prices USD 1.2 bln worth of senior notes

Published 21 Nov 2019 09:51 CET | United States
Data centre group CyrusOne has priced an offering of USD 600 million worth of 2.900 percent senior notes due 2024 and another USD ...

CyrusOne revenues, profit rise in Q3, helped by Zenium, turnaround at China's GDS

Published 31 Oct 2019 10:18 CET | World
Data centre group CyrusOne has tightened up its full year forecast and said it will be keeping its recently raised dividend at ...

CyrusOne breaks ground on Dublin data centre campus

Published 23 Sep 2019 11:08 CET | Ireland
CyrusOne, global data centre real estate investment trust (REIT), has broken ground on its first data centre campus in Dublin, ...

CyrusOne considers sale after bidder interest - report

Published 20 Aug 2019 08:57 CET | United States
CyrusOne is considering a potential sale after receiving takeover interest, people familiar with the matter told Bloomberg. The ...

CyrusOne deploys Megaport services at London I data center

Published 16 Aug 2019 08:22 CET | United Kingdom
Data centre group CyrusOne is expanding its partnership with Megaport with the deployment of a full suite of Megaport services at ...

CyrusOne raises quarterly dividend 9%

Published 01 Aug 2019 12:34 CET | World
Data centre group CyrusOne has raised its dividend and full-year outlook after a strong set of Q2 results. Quarterly revenue rose ...

CyrusOne promotes Williams to chief information officer

Published 23 Jul 2019 17:43 CET | World
Cyrusone promoted Bill Williams to chief information officer. Formerly VP of Network Services, Bill Williams helped transform the ...

CyrusOne builds thirds data centre in Frankfurt

Published 03 Jul 2019 09:01 CET | Germany
CyrusOne said it started to build a new data centre location in Frankfurt and expects to complete the construction works in Q2 ...

HPE to expand GreenLake, targets full portfolio as a service by 2022

Published 19 Jun 2019 09:29 CET | World
Hewlett Packard Enterprise today announced plans to transition into an 'as a service' company over time. This includes a ...

HPE selects CyrusOne for off-premise delivery of GreenLake IT products

Published 19 Jun 2019 08:54 CET | World
CyrusOne was chosen by Hewlett Packard Enterprise (HPE) to extend HPE GreenLake consumption-based IT products at CyrusOne data ...

CyrusOne helps build ODATA's first data centre in Colombia

Published 29 May 2019 08:49 CET | Colombia
Data centre operator CyrusOne announced that it has helped Brazil's ODATA construct and launch the company's first data centre in ...

CyrusOne raises FY FFO outlook after solid Q1

Published 02 May 2019 10:30 CET | United States
Data centre operator CyrusOne reported first-quarter revenues up 14 percent to USD 225 million, driven by increased occupation, ...