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CyrusOne reports 4Q17 results; shift in place to become a global data centre platform

  • April 2, 2018
  • Analyst: Jabez Tan

CyrusOne reported its 4Q17 results, which showed a concerted shift to expanding more into international markets given its recent Zenium acquisition and capital expenditure allocation for 2018. Leasing activity came primarily from its enterprise customer base and it was a lighter bookings quarter compared to the previous three quarters in 2017. Revenue growth continues to be steady as its 2017 results also included 10 months of operation from its Sentinel acquisition.

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