Data Center Operator QTS Posts First Quarter Results

QTS Realty Trust announced operating results for the end of its first quarter At the end of April. highlights include total revenues of 61.4 million recognized in the first quarter of 2015, representing an increase of 25.4 percent compared to the first quarter of 2014. 

The company's outlook for the future is rosy, with expectations to keep on growing over the upcoming months. The organization is likely to continue expanding and investing in current and future data centers.

"We are pleased that our performance during the first quarter of 2015 continues to demonstrate the strength of our fully integrated technology services platform. Our strong net incremental leasing activity of $13.6 million demonstrated the continued consistent growth of the engine of our business, C2 – colocation and C3 – cloud and managed services, and the ability to accelerate growth with C1 – custom data center," said QTS CEO and Chariman Chad Williams

QTS operates a variety of carrier-neutral, multi-tenant data centers, and operates one of the largest portfolios of multi-tenant data centers in the United States. It has recently achieved major goals through expansion of its Virginia and Texas data centers

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