Data Center Finance: CyrusOne Publishes Fourth Quarter Earnings

Global data center service provider CyrusOne, which last year bolstered its East Coast presence by adding a northern Virginia Data Center, posted its earnings for 2014 this February. The company specializes in working with Fortune 1000 companies, allowing it to offer premium services to high-profile customers. 

CyrusOne enjoyed Q4 revenue of $86.9 million and a full year revenue of $440.9 million.

Recently, the stock price of this company was raised by MLV & CO, a stock price ratings firm, from $30 to $32. Many other organizations have been similarly raising their ratings for the organization, including Deutsche Bank. Others, however, including Stephens, have downgraded the data center provider's ratings, due to a belief that the stock's price currently reflects its value.

"CyrusOne had another outstanding year, with high growth rates across all key metrics, the addition of nearly 60 logos including 15 Fortune 1000 customers, and the introduction of an East Coast presence with the addition of Northern Virginia to our portfolio," said Gary Wojtaszek, president and chief executive officer of CyrusOne. 

Overall, the organization's growth has been fairly stable, and while some investors see potential in the organization, others are skeptical about its plans for further expansion.

Brought to you by WiredRE, the nation's leading cloud, colocation, and data center advisory firm.