CoreSite reports 3Q18 results; supply constraints slowing growth into 2019
CoreSite reported its 3Q18 results, which showed continued growth mainly driven by the expansion of existing customers in the enterprise vertical. The amount of available capacity remains much lower than historic levels, which may slow growth heading into 2019, but with new capacity scheduled to come online at VA3, SV8, CH2, and LA3 throughout 2019 and early 2020, management is confident they can re-accelerate growth heading in to 2020.
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