Cencora Inc. Stock Price, News & Analysis

CoreSite Realty Corporation (NYSE:COR) will present at the 7th Annual Cowen Communications Infrastructure Summit on August 10th. Chief Revenue Officer Steve Smith is scheduled to speak at 9:30 AM Mountain Time in Boulder, CO. Investors can access the live presentation through the Investor Relations section on CoreSite's website, with a replay available afterward. CoreSite is known for its secure, high-uptime data centers and scalable solutions, connecting a diverse customer ecosystem across eight North American markets.

CoreSite Realty Corporation (NYSE:COR) reported strong Q2 2021 results, with operating revenues of $162.1 million, a 7.7% year-over-year increase. Net income was $28.5 million, translating to $0.59 per diluted share, up by $0.07 year-over-year. Adjusted EBITDA grew by 7.1% to $87.4 million. The company commenced 133 new leases, generating $8.4 million in annualized GAAP rent. Key developments included a new chiller plant project aimed at enhancing energy efficiency. CoreSite updated its full-year revenue guidance to $645-$653 million, reflecting positive growth projections.

CoreSite Realty Corporation (NYSE:COR) has announced support for Google Cloud's Partner Interconnect, enhancing its Silicon Valley campus with low-latency fiber connectivity. This service enables direct internet peering and Dedicated Interconnect options, offering secure 10G and 100G connectivity at competitive costs. The expansion caters to local enterprises requiring high bandwidth and low latency for data transfer, reinforcing CoreSite's growing capabilities across multiple U.S. markets. This strategic development enhances customer options for optimal cloud access and interoperability amidst increasing performance demands.

CoreSite Realty Corporation (NYSE:COR) has strengthened its partnership with Google Cloud by introducing enhanced connectivity options, including Google Cloud's Partner Interconnect on its Chicago campus. This initiative aims to support global enterprises in sectors like financial services and healthcare, enabling them to address high-bandwidth, low-latency requirements. The integration simplifies hybrid IT strategies while optimizing performance and reducing costs. CoreSite's offerings now extend across multiple markets, enhancing multi-cloud and multi-region connections.

CoreSite Realty Corporation (NYSE:COR) has announced that it will host its second quarter 2021 earnings conference call on July 29, 2021, at 12:00 p.m. Eastern Time. Financial results will be issued prior to market open that same day. Investors can access the call by dialing 1-877-407-3982 (domestic) or 1-201-493-6780 (international). A replay will be available until August 5, 2021. CoreSite offers secure, high-uptime data center solutions with services in eight major North American markets, serving over 1,375 leading enterprises and providers.

CoreSite Realty Corporation (NYSE:COR) has released its 2021 State of the Data Center Report, in collaboration with IDG Communications, highlighting key trends in the data center industry. Key findings indicate that 35% of IT leaders believe colocation reduces operational costs and enhances Total Cost of Ownership (TCO). Additionally, 93% of IT leaders express confidence in their colocation partners for future transformations, while 90% consider cloud interconnection critical. The report underscores the importance of colocation in hybrid IT strategies, particularly post-pandemic.

CoreSite Realty Corporation (NYSE:COR) has announced its participation in two upcoming virtual investor conferences. Paul Szurek, President and CEO, will speak at the RBC Capital Markets Global Datacenter, Cloud and Broadband Infrastructure Conference on May 25 at 12:40 p.m. ET, and at the Cowen 49th Annual Technology, Media & Telecom Conference on June 2 at 3:10 p.m. ET. Investors can access live presentations via the Investor Relations section on CoreSite’s website, with replays available afterwards.

CoreSite Realty Corporation (NYSE:COR) has announced a cash dividend of $1.27 per share for Q2 2021, a 3.25% increase from the previous quarter's dividend of $1.23. The dividend is set to be distributed on July 15, 2021, to shareholders recorded as of June 30, 2021. This dividend increase signifies the company's positive cash flow and commitment to returning value to its shareholders.