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Digital Realty Releases First Quarter 2021 Results

Digital Realty, Austin-based provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced financial results for first quarter 2021.  All per-share results are presented on a fully diluted share and unit basis.

Reported net income available to common stockholders of $1.32 per share in first quarter 2021, compared to net income available to common stockholders of $0.90 in first quarter 2020

Reported FFO per share of $1.49 in first quarter 2021, compared to $0.91 in first quarter 2020

Reported core FFO per share of $1.67 in first quarter 2021, compared to $1.53 in first quarter 2020

Signed total bookings during first quarter 2021 expected to generate $117 million of annualized GAAP rental revenue, including a $13 million contribution from interconnection

Raised core FFO per share outlook from $6.40 to $6.50 to $6.50 to $6.55

In the first quarter, Digital Realty signed total bookings expected to generate $117 million of annualized GAAP rental revenue, including a $13 million contribution from interconnection.

“Our first-quarter bookings were very well balanced across products and regions,” says A. William Stein, Digital Realty chief executive officer. “We are investing to support customer growth and to continue to enhance the value of our comprehensive product offerings.”

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About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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