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QTS reports 1Q18 results; leasing driven by large SaaS hyperscale win in NoVA

  • May 23, 2018
  • Analyst: Jabez Tan

QTS Realty Trust reported its 1Q18 results, which reflected hyperscale and colocation wins. 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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