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QTS reports 4Q20 and FY20 results; does not skip beat in turbulent year, positioning to capture more upside

  • March 25, 2021
  • Analyst: Philbert Shih

QTS reported its 4Q20 and FY20 results, which showed forward progress across the board in all KPIs. Hyperscale leasing was a bright spot in 2020, along with an emerging federal sector business, while overall, the resiliency in the model pushed both revenue growth and bottom line efficiency.

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