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Cencora, Inc. (NYSE: COR) is a premier global pharmaceutical solutions provider committed to enhancing healthcare delivery and improving lives worldwide.
As one of the top three pharmaceutical wholesalers in the United States, Cencora specializes in sourcing and distributing branded, generic, and specialty pharmaceutical products to a diverse range of clients, including retail chains, independent pharmacies, mail-order services, hospital networks, and healthcare providers. In collaboration with McKesson and Cardinal Health, Cencora dominates over 90% of the U.S. pharmaceutical wholesale market.
Beyond its robust domestic operations, Cencora has significantly expanded its international footprint. Notably, the acquisition of Alliance Healthcare in 2021 bolstered its presence in Europe, making it one of the leading drug wholesalers in the region.
Additionally, Cencora offers comprehensive commercialization services for pharmaceutical and medical device manufacturers. Its global specialty drug logistics division, World Courier, is renowned for its precision and reliability. The company also extends its expertise to animal health product distribution through MWI Animal Health.
Cencora's strategic partnerships and innovative solutions drive operational efficiency, cost control, and growth opportunities across the healthcare supply chain.
- Its pharmacy solutions enhance operational efficiency, cost control, growth opportunities, and patient safety.
- Provider solutions focus on improving operational efficiency, financial performance, and quality of care.
- Manufacturer solutions are designed to maximize success at every stage of the product lifecycle.
Recent achievements include a distribution agreement with Sapphiros, enhancing access to COVID-19 Antigen Rapid Tests and future diagnostic technologies in the U.S. market. This partnership is poised to bring innovative diagnostic solutions directly to patients, exemplifying Cencora's commitment to improving accessibility and convenience in healthcare.
Cencora’s mission is driven by a strong sense of purpose: 'We are united in our responsibility to create healthier futures.' Ranked #11 on the Fortune 500 and #24 on the Global Fortune 500, with annual revenues exceeding $250 billion, Cencora’s over 46,000 team members worldwide are dedicated to delivering positive health outcomes through their expertise and collaborative efforts.
CoreSite Realty Corporation (NYSE:COR) has released its 2021 State of the Data Center Report, in collaboration with IDG Communications, highlighting key trends in the data center industry. Key findings indicate that 35% of IT leaders believe colocation reduces operational costs and enhances Total Cost of Ownership (TCO). Additionally, 93% of IT leaders express confidence in their colocation partners for future transformations, while 90% consider cloud interconnection critical. The report underscores the importance of colocation in hybrid IT strategies, particularly post-pandemic.
CoreSite Realty Corporation (NYSE:COR) has announced its participation in two upcoming virtual investor conferences. Paul Szurek, President and CEO, will speak at the RBC Capital Markets Global Datacenter, Cloud and Broadband Infrastructure Conference on May 25 at 12:40 p.m. ET, and at the Cowen 49th Annual Technology, Media & Telecom Conference on June 2 at 3:10 p.m. ET. Investors can access live presentations via the Investor Relations section on CoreSite’s website, with replays available afterwards.
CoreSite Realty Corporation (NYSE:COR) has announced a cash dividend of $1.27 per share for Q2 2021, a 3.25% increase from the previous quarter's dividend of $1.23. The dividend is set to be distributed on July 15, 2021, to shareholders recorded as of June 30, 2021. This dividend increase signifies the company's positive cash flow and commitment to returning value to its shareholders.
CoreSite Realty Corporation (NYSE:COR) reported Q1 2021 financial results, highlighting a 7.0% year-over-year revenue growth to $157.6 million. Net income reached $24.9 million, or $0.51 per diluted share, an increase of $0.03 year-over-year. Adjusted EBITDA grew by 9.4% year-over-year to $86.1 million. The company signed 134 new leases for a total of $7.0 million in annualized GAAP rent. The balance sheet remains strong with $278.7 million in current liquidity. CoreSite expects continued growth with ongoing development projects and an optimistic outlook for 2021.
CoreSite Realty Corporation (NYSE:COR) announced enhanced AWS Direct Connect availability with 100 Gbps connections across Los Angeles, New York, Northern Virginia, and Santa Clara. This upgrade allows clients to efficiently integrate digital strategies and deploy high-performance hybrid applications. The service supports enterprise needs for secure, reliable, and cost-effective solutions, particularly for large data transfers in sectors like media, autonomous vehicles, and finance. CoreSite's strategic partnerships position it as a leading provider of interconnection and cloud integration services.
CoreSite Realty Corporation (NYSE:COR) announced its first quarter 2021 earnings conference call scheduled for April 29, 2021, at 12:00 p.m. Eastern Time. Financial results will be released before market open on the same day. Investors can join the call via phone or access it through a webcast on the company's website. The conference aims to provide insights into CoreSite's operations and performance in the competitive data center and cloud access market, where it serves over 1,375 leading enterprises and service providers across eight key North American markets.
CoreSite Realty Corporation (NYSE:COR) announced a new offering of direct fiber and virtual connectivity to Microsoft Azure ExpressRoute at its Chicago campus. This development enables enhanced low latency and security for enterprise customers by providing direct access to Microsoft’s global network. The integration with CoreSite’s Open Cloud Exchange allows for flexible and rapid connectivity options. Additionally, CoreSite opened its new CH2 data center in Chicago, designed for 18 megawatts of IT capacity, and received a 10.25% tax incentive for eligible customers under Illinois’ Data Center Investment Program.
CoreSite Realty Corporation (NYSE:COR) announced a cash dividend of $1.23 per share on common stock for Q1 2021, maintaining the same rate as the previous quarter. The dividend will be paid on April 15, 2021, to shareholders on record as of March 31, 2021.
CoreSite operates in major U.S. metropolitan areas, providing secure, high-performance data center, cloud access, and interconnection solutions to over 1,375 leading enterprises and network operators, emphasizing a strong customer-focused approach.
CoreSite Realty Corporation (NYSE:COR) announced the launch of VMware Cloud on Dell EMC, a managed infrastructure service that enhances digital transformation for enterprises. This solution, available across CoreSite’s data centers, simplifies hybrid IT environments and addresses challenges like unpredictable data growth and security. It is designed to support modern applications with low latency and data sovereignty needs, leveraging a predictable OpEx model. The collaboration aims to streamline operations, accelerate innovation, and reduce overall costs for enterprises.
CoreSite Realty Corporation (NYSE:COR) announced its participation in two upcoming virtual investor conferences. The first event is the Raymond James 42nd Annual Institutional Investors Conference on March 1st, where CFO Jeff Finnin will present at 10:50 a.m. ET. The second conference is the 2021 Virtual Citi Global Property CEO Conference on March 10th, with CEO Paul Szurek presenting at 2:45 p.m. ET. Investors can access the live presentations via the Investor Relations section of CoreSite’s website, www.CoreSite.com, where replays will also be available.
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