February 20, 2018 / 9:17 PM / 8 months ago

BRIEF-QTS Reports Q4 Operating FFO Per Share $0.79

Feb 20 (Reuters) - Qts Realty Trust Inc:

* QTS REPORTS FOURTH QUARTER AND FULL YEAR 2017 OPERATING RESULTS

* SEES 2018 CORE REVENUE $408 MILLION VERSUS $422 MILLION

* SEES 2018 CAPITAL EXPENDITURES $425 MILLION TO $475 MILLION

* SEES 2018 CORE OPERATING FFO PER FULLY DILUTED SHARE $2.55 TO $2.65

* QTS REALTY TRUST - ANNOUNCES RESTRUCTURING PLAN TO INCREASE GROWTH, PROFITABILITY IN BUSINESS, WHILE REDUCING COMPLEXITY, SIMPLIFYING COST STRUCTURE

* QTS REALTY TRUST - UNDER RESTRUCTURING PLAN, CO INTENDS TO REALIGN PRODUCT OFFERINGS AROUND HYPERSCALE AND HYBRID COLOCATION

* UNDER RESTRUCTURING PLAN, CO INTENDS TO EXIT CERTAIN OF C3- CLOUD AND MANAGED SERVICES OFFERINGS BY END OF 2018

* FFO FOR QUARTER ON A FULLY DILUTED PER SHARE BASIS WAS $0.28 PER SHARE Source text for Eikon: Further company coverage:

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