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CoreSite reports 2Q17 results; existing customer base drives leasing activity

  • August 14, 2017
  • Analyst: Jabez Tan

CoreSite reported its 2Q17 results, which showed continued top-line revenue y/y growth above the 20% mark as it commences its deployment backlog into revenue-generating installed capacity. CoreSite had its highest level of leases signed in six quarters though the vast majority of it came from its existing customer base.

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