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QTS reports 2Q18 results; leasing driven by hybrid colocation business

  • August 2, 2018
  • Analyst: Jabez Tan

QTS Realty Trust reported its 2Q18 results, which reflected overall leasing strength. The momentum comes amid restructuring efforts geared towards de-emphasizing a large part of its cloud and managed services business and focusing heavily on capturing hyperscale and hybrid colocation demand. More details below.

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