QTS reports 4Q18 results; restructuring complete, leasing picking up
QTS Realty Trust reported its 4Q18 results, which showed overall leasing strength, with management noting an increase in hybrid colocation deals in the 500kW-2MW range in 2018. Restructuring efforts also enabled QTS to achieve an adjusted EBITDA margin of 53%, well above its historical range of 46-49%.
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