CyrusOne (CONE) Tops Q2 FFO by 7c

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CyrusOne Reports Second Quarter 2016 Earnings

August 1, 2016 4:06 PM UTC

Largest Leasing Quarter in Companys History - Signed a Record $58 Million in Annualized GAAP Revenue

Year-over-Year Net Income Growth of $15.6 Million and Normalized FFO per Share Growth of 34%

DALLAS--(BUSINESS WIRE)-- Global data center service provider CyrusOne Inc. (NASDAQ: CONE), which specializes in providing highly reliable enterprise-class, carrier-neutral data center properties to the Fortune 1000, today announced second quarter 2016 earnings.

Highlights

Second quarter net income of $9.1 million increased $15.6 million over second quarter 2015 Second quarter Adjusted EBITDA of $69.7 million increased 48% over second quarter 2015... More