02.05.2024 22:22:21 - dpa-AFX: Digital Realty Q1 Profit Rises, But FFO Down
WASHINGTON (dpa-AFX) - Digital Realty (DLR), Thursday reported first-quarter
net income of $271.3 million or $0.82 per share, compared to $58.5 million or
$0.20 per share last year.
The company reported funds from operations of $1.41 per share in the first
quarter, compared to $1.60 last year. Core FFO per share was $1.67 in the first
quarter, compared to $1.66 last year.
Digital Realty reported revenues of $1.33 billion in the first quarter of 2024,
an 1% decrease from $1.34 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected earnings of $0.24 per share and
revenues of $1.36 billion for the quarter.
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