Digital Realty Trust, a leading global provider of data centre solutions, has announced financial results for the second quarter of 2012. Net income for the second quarter of 2012 was US $54.0 million, compared to US$49.3 million for the first quarter of 2012 and US$38.2 million for the second quarter of 2011. Net income available to common stockholders in the second quarter of 2012 was US$42.0 million, compared to US$39.2 million, in the first quarter of 2012, and US$32.0 million, in the second quarter of 2011. The Company reported total operating revenues of US$303.7 million in the second quarter of 2012, up 7.3% from US$283.1 million in the first quarter of 2012, and up 13.4% from US$267.9 million in the second quarter of 2011.
"We are extremely pleased with our performance to date this year. In addition to our solid financial and leasing results, we completed several landmark acquisitions, including the Sentrum Portfolio in London, our first property in Hong Kong with our joint venture partner Savvis, and a major redevelopment property in suburban Chicago," said Michael F. Foust, Chief Executive Officer of Digital Realty. "We believe that the depth of our team combined with our financial strength and ability to access attractively priced capital to fund our growth are key differentiators for us. These core capabilities along with our focus on delivering flexible, customer driven data center solutions continue to drive value for our shareholders."
Source: Market Watch