QTS Reports First Quarter 2016 Operating Results

QTS Realty Trust, Inc. (NYSE: QTS) has reported Operating FFO of USD33.1 million in the first quarter of 2016, an increase of 70.1 percent compared to the first quarter of 2015, the company said.

Operating FFO in the first quarter of 2016 included a non-cash deferred tax benefit of USD1.9 million. Operating FFO for the first quarter of 2016 on a fully diluted per share basis was USD0.68 per share, an increase of 35.0 percent compared to Operating FFO per share of USD0.50 for the first quarter of 2015.

FFO was USD31.7 million in the first quarter of 2016, an increase of 64.1 percent compared to FFO of USD19.3 million in the first quarter of 2015.

QTS Realty Trust provides secure, compliant data center solutions, hybrid cloud and fully managed services.