Digital Realty lifts revenues, narrows loss in Q4

Friday 26 February 2016 | 12:23 CET | News
US data centre operator Digital Realty reported fourth-quarter revenues up 12 percent year-on-year to USD 500 million. Adjusted EBITDA rose 19 percent to USD 288 million. Funds from operations (FFO) totaled USD 118 million or USD 0.79 per diluted share, down from 1.40 per share the year before. Reported core FFO per share lifted to USD 1.38 from 1.26. The net lost narrowed to a loss of USD 40 million or USD 0.28 per diluted share, compared to a loss the year before of 0.39 per share. The net loss was mainly due to the write-off of straight-line rent receivables related to Telx. Telx

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Categories: Fixed
Companies: Telx
Countries: World
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