CONE - CONE STOCK NEWS

CyrusOne (NASDAQ:CONE), a global leader in data center real estate, will conduct a Virtual Investor Day on June 16, 2021, from 10:00 AM to 1:00 PM ET. The event will be live-streamed and available for replay on the Company's website. With over 50 high-performance data centers globally, CyrusOne caters to around 1,000 clients, including 200 Fortune 1000 companies, providing hybrid-cloud and colocation solutions that boost operational efficiency and sustainability.

CyrusOne (NASDAQ: CONE) announces the election of Lynn Wentworth as Chair of the Board and Denise Olsen as a new Board member after the Annual Meeting held on May 18, 2021. Wentworth's tenure since 2014 equips her with deep industry insights, while Olsen brings experience from GEM Realty Capital and First Industrial Realty Trust. Bruce W. Duncan, President and CEO, expresses gratitude for outgoing Chair Alex Shumate's leadership. This leadership change aims to enhance CyrusOne's growth trajectory in the data center real estate sector.

CyrusOne (NASDAQ: CONE), a leading global data center REIT, will present at the RBC Capital Markets Global Datacenter, Cloud and Broadband Infrastructure Conference on May 25, 2021. Katherine Motlagh, CFO, is scheduled to speak at 1:20 PM ET. Investors can access a live webcast of the presentation via the Company’s website, under the 'Investors / Events & Presentations' section.

With over 50 data centers, CyrusOne supports around 1,000 customers, including 200 Fortune 1000 companies, offering colocation and hyperscale solutions to enhance data infrastructure and sustainability.

CyrusOne announced the pricing of €500 million in 1.125% senior notes due 2028, priced at 98.665% of face value. The interest will be payable annually, and the closing is expected on May 26, 2021. Proceeds will repay Euro-denominated borrowings and support general corporate purposes, including financing sustainable projects. The notes are guaranteed by the company and its operating partnership. This offering is not available to US retail investors due to regulatory restrictions.

CyrusOne Inc. (NASDAQ: CONE) reported first-quarter 2021 earnings with a 21% increase in revenue, reaching $298.6 million, compared to $245.9 million in 2020. Net income stood at $18.2 million, reflecting a 24% increase, while Adjusted EBITDA was $140.3 million, up 6%. The company leased 28 megawatts and 156,000 colocation square feet, equating to $35.4 million in annualized revenue. Notably, the company has a backlog of $113 million in annualized revenue, supporting its growth strategy in key markets.

CyrusOne (NASDAQ:CONE) will hold its first quarter 2021 results conference call on April 29, 2021, at 11:00 AM ET. The call will be led by CEO Bruce W. Duncan and CFO Katherine Motlagh, discussing financial performance. The press release with earnings details will be available post-market on April 28. Investors can access the call by dialing U.S. toll-free number 1-844-492-3731 or visiting the company's website for a live webcast.

CyrusOne (NASDAQ: CONE) has unveiled its second net-positive water data center in Carrollton, TX, the largest in its portfolio. Located in a high-water stress area, the facility has achieved a 67% reduction in onsite water consumption through advanced cooling technology. Collaborating with the Bonneville Environmental Foundation and Trout Unlimited, the project aims to restore 20% more water to regional watersheds than consumed in 2020. This initiative aligns with CyrusOne's commitment to sustainability and its Zero Carbon by 2040 goal, enhancing its operational footprint while addressing water scarcity challenges.

CyrusOne (NASDAQ: CONE) announced a partnership with Virtual-Q to improve remote desktop cloud capabilities for its customers. This collaboration will leverage CyrusOne's data centers and connectivity solutions along with Virtual-Q's IT services to enhance remote work experiences. The partnership aims to streamline costs, increase hard drive availability, and provide seamless access to cloud solutions. This initiative reflects CyrusOne's commitment to supporting flexible work environments amidst the growing digital landscape.

CyrusOne (NASDAQ: CONE), a leading global data center REIT, is set to present at multiple investor conferences in March 2021. Chief Financial Officer Katherine Motlagh will speak at the Morgan Stanley Technology, Media and Telecom Virtual Conference on March 2 at 8:45 am ET, and at the Deutsche Bank Media, Internet & Telecom Virtual Conference on March 9 at 3:00 pm ET. Additionally, President and CEO Bruce W. Duncan will present at the Citi Virtual Global Property CEO Conference on March 10 at 3:30 pm ET. Webcasts will be accessible on their investor relations website.