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QTS reports 2Q17 results; path forward around interconnection and massive-scale deals

  • August 21, 2017
  • Analyst: Jabez Tan

QTS Realty Trust reported its 2Q17 results, which pointed to slower quarter from a top-line revenue growth standpoint as y/y growth dropped below double-digits for the first time as QTS continues to digest the impact of a $10m annual revenue churn event that occurred in 1Q17 at one of its leased sites in Northern Virginia.

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