FIRST QUARTER 2018 EARNINGS MAY 3, 2018
|
|
- Richard Campbell
- 6 years ago
- Views:
Transcription
1 FIRST QUARTER 2018 EARNINGS MAY 3, 2018
2 Safe Harbor This presentation contains forward-looking statements regarding future events and our future results that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our management. Words such as expects, anticipates, predicts, projects, intends, plans, believes, seeks, estimates, continues, endeavors, strives, may, variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned these forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause our actual results to differ materially and adversely from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this release and those discussed in other documents we file with the Securities and Exchange Commission (SEC). More information on potential risks and uncertainties is available in our recent filings with the SEC, including CyrusOne s Form 10-K report, Form 10-Q reports, and Form 8-K reports. Actual results may differ materially and adversely from those expressed in any forwardlooking statements. We undertake no obligation to revise or update any forward-looking statements for any reason. For additional information, including reconciliation of any non-gaap financial measures, please reference the supplemental report furnished by the Company on a Current Report on Form 8-K filed May 2, Unless otherwise noted, all data herein is as of March 31, First Quarter 2018 Earnings Presentation 2
3 COMPANY UPDATE
4 Highlights High Growth Rates Across Financial Metrics Category ($MM) 1Q 18 vs. 1Q 17 Revenue $ % Adjusted EBITDA $ % Normalized FFO per Share $ % Strong Leasing and Nearly $40MM Backlog Pro forma including Zenium, leased 32 MW and 240,000 CSF (1) in 1Q 18 totaling $45MM in annualized GAAP revenue (2)(3) CyrusOne: 29 MW / 226,000 CSF / $40.4MM Zenium: 3 MW / 14,000 CSF / $4.2MM Added three Fortune 1000 companies as new customers, increasing the total number of Fortune 1000 customers to 200 as of the end of the quarter Backlog of ~$39MM in annualized GAAP revenue Beginning International Expansion Zenium acquisition expected to close in May, pending final regulatory approval Establishes presence in Europe s two largest markets, London and Frankfurt Land & Expand Strategy Additional sites in London, Frankfurt, Dublin, and Amsterdam are in process with potential incremental capacity of 150+ MW, for a prospective European footprint of more than 200 MW Enhanced Liquidity and Strengthened Balance Sheet through Capital Markets Activity Increased size of credit facility by $1.0B, or 50%, to a total of $3.0B, consisting of $1.7B revolving credit facility and $1.3B in term loan commitments Agreement also provides for an extension of maturity dates, reduced interest rate margins, and enhanced flexibility in support of international expansion Raised ~$152MM in net proceeds through sale of common stock under at-the-market equity program Notes: 1. Colocation square feet (CSF) represents NRSF currently leased or available for lease as colocation space, where customers locate their servers and other IT equipment. 2. Annualized GAAP revenue is equal to monthly recurring rent, defined as average monthly contractual rent during the term of the lease plus the monthly impact of installation charges, multiplied by No additional references to leasing statistics or revenue contribution throughout the remainder of the presentation include Zenium. First Quarter 2018 Earnings Presentation 4
5 Ann. GAAP Rev. Signed MW Signed Leasing and Customer Diversification $40.4MM in annualized GAAP revenue signed in 1Q 18 by CyrusOne Annualized GAAP revenue signed 53% higher than prior four-quarter average 17 new logos, including three Fortune 1000 companies, signed across seven verticals and deploying in nine of our markets $40 $30 $20 $10 $0 $ Q 18 Leasing Highlights $ $ Prior 4-qtr. average: $26.4MM $17.6 $40.4 1Q'17 2Q'17 3Q'17 4Q'17 1Q' GAAP Revenue Signed 76% 500 kw 24% > 500 kw 24% of annualized GAAP revenue signed in 1Q 18 for leases 500 kw $114MM in annualized GAAP revenue signed over the last 12 months, equivalent to 18% of lease and other revenues from customers IT - Cloud vertical represents 32% of portfolio as of Mar 18 Annualized GAAP Revenue Signed as a % of Revenue - TTM ($MM) Annualized GAAP Revenue Signed $114 Lease and Other Revenues from Customers Bookings as a % of Lease and Other Revenues from Customers $643 18% Revenue (1) by Vertical Healthcare IT - Managed Services Industrials 4% 4% 7% 8% IT - Enterprise / Other Telecomm 7% Other 9% 32% IT - Cloud Energy 11% 18% Financial Services Note: 1. Based on March 2018 annualized rent. Annualized rent represents cash rent, including metered power reimbursements, for the month of March, multiplied by 12. First Quarter 2018 Earnings Presentation 5
6 Revenue Cross Connects Bookings Continued Strong Interconnection Performance 1Q 18 Interconnection Summary Continued strong bookings with $2.1MM in annualized GAAP revenue signed 88% of leases signed in 1Q 18 included interconnection Number of Cross Connects >14,900 >16,100 National & Metro IX 3 8% Dec'17 Mar'18 $8.0 Revenue ($MM) $9.7 21% Average cross connects per customer has grown from ~3 in 2011 to ~16 as of Mar 18 1Q'17 1Q'18 First Quarter 2018 Earnings Presentation 6
7 Capacity for Continued U.S. Growth As of 3/31/18 CSF Available for Lease Highlights Online ~450K Under Development ~80K Total ~530K Powered Shell (NRSF) Avail. For Future Development ~1,500K Under Construction ~750K Total ~2,250K Land (Acres) Avail. For Future Development ~330 We have CSF online or under development to cover another 6-12 months of leasing Based on 1Q 18 leasing of 226K CSF and the 2Q 17-1Q 18 avg. of 150K CSF Consistent with strategy of building out data halls to track late-stage sales funnel Represents $95 - $135MM in new annualized revenue upon full lease-up Powered shell can generally be developed at an incremental build cost of less than $5.5MM per MW Land can generally be developed at an incremental build cost of less than $6.5MM per MW Ability to triple size of domestic portfolio with development of powered shell and land First Quarter 2018 Earnings Presentation 7
8 European Expansion Update European Demand Remains Robust 2017 take-up of nearly 120 MW across London, Frankfurt, Amsterdam and Paris Demand growth driven by hyperscale companies with multi-mw deployments, as well as by Fortune 1000 companies Zenium Acquisition Expected to Close in May Provides entry into Europe s two largest markets; London and Frankfurt 49 MW of critical load across existing sites, with ~40% available for lease Continued Operating and Leasing Momentum at Zenium ~3 MW leased in 1Q 18; strong sales funnel Frankfurt II scheduled to be delivered in mid-2018 Significant revenue backlog, with expected 2019 Adjusted EBITDA growth of 80+% Pursuing Numerous Opportunities for Further Expansion Additional Zenium Frankfurt site expected to close in May 18, with capacity for 22 MW Other sites in process in London, Dublin, and Amsterdam Potential incremental capacity of 150+ MW, for a total prospective European footprint of more than 200 MW Executing on Land & Expand strategy to create robust European footprint to complement U.S. portfolio and support our customers as they expand globally First Quarter 2018 Earnings Presentation 8
9 GDS Update Strong Interest from Customers Sales & Marketing Initiatives In discussions with each other s respective customers on ~15 deals for deployments within U.S. or China as a result of the agreement Mix of larger cloud deals, as well as enterprise deals across multiple verticals Program-level joint marketing campaign reaching out to targeted accounts Joint sales efforts with collaboration across teams to better understand and serve customers needs in both U.S. and China Design & Construction / Operations Exploring sourcing alternatives to further reduce build costs and sharing best practices for data center construction Reviewing operating and customer facing systems to deliver consistent information to customers Continued Strong GDS Performance 4Q 17 Revenue and Adjusted EBITDA growth of 62% and 68%, respectively (1) Record revenue backlog of ~$190MM as of 12/31/17 Value of investment in GDS has more than doubled to $216MM as of 3/31/18 Strategic partnership between leading data center providers in two major global hyperscale markets Note: 1. Source: GDS SEC filings First Quarter 2018 Earnings Presentation 9
10 FIRST QUARTER 2018 FINANCIAL REVIEW & 2018 GUIDANCE
11 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 Revenue, Adjusted EBITDA, Normalized FFO, Churn Revenue ($MM) Adjusted EBITDA ($MM) $196.6 $109.5 $149.3 $ % 36% 1Q'17 1Q'18 1Q'17 1Q'18 Revenue growth driven by: Expansion of customer base 29% increase in occupied CSF Additional interconnection services Norm. FFO per Share Normalized FFO ($MM) $ % $82.2 1Q'17 1Q'18 $0.72 $0.85 Recurring Rent Quarterly Churn (1) 2.7% 1.2% 1.5% 3.8% 1.4% 2.4% 2.2% 1.4% 0.8% 0.6% 1.1% 0.5% Strong Adjusted EBITDA and Normalized FFO growth Driven primarily by strong growth in revenue Churn 1Q 18 churn of 0.5%,the lowest quarterly result since 4Q 15 Note: 1. Recurring rent quarterly churn is defined as any reduction in recurring rent due to customer terminations, service reductions or net pricing decreases as a percentage of rent at the beginning of the quarter, excluding any impact from metered power reimbursements or other usage-based or variable billing. 2Q 16 and 3Q 16 churn includes company-initiated churn. First Quarter 2018 Earnings Presentation 11
12 Year Over Year P&L Analysis ($MM) Three Months Ended Fav/(Unfav) 1Q 18 1Q 17 $ % Revenue $196.6 $149.3 $ % Property operating expenses (15.5) (30%) Net Operating Income (NOI) $128.8 $97.0 $ % NOI Margin 65.5% 65.0% Selling, general & administrative (1) (3.2) (16%) Less: Stock-based compensation (3.9) (3.7) 0.2 (5%) Adjusted EBITDA $109.5 $80.7 $ % Adjusted EBITDA Margin 55.7% 54.1% Normalized FFO $82.2 $61.2 $ % Normalized FFO per share (2) $0.85 $0.72 $ % ($MM) Three Months Ended 2Q'17 3Q'17 4Q'17 1Q 18 Normalized FFO $67.9 $71.4 $78.4 $82.2 Adjustments to Normalized FFO (0.3) 6.7 (3.1) (3.2) AFFO $67.6 $78.1 $75.3 $79.0 Revenue growth of 32% compared to 1Q 17 NOI up 33% over 1Q 17 driven by revenue growth Adjusted EBITDA up 36% over 1Q 17 driven primarily by higher NOI Increase in Normalized FFO due primarily to growth in Adjusted EBITDA, partially offset by higher interest expense Notes: 1. Severance and management transition costs of $0.7 million, new accounting standards and system implementation costs of $0.5 million, and legal claim costs of $0.2 million in 1Q 18 are omitted from this presentation as they are excluded from Adjusted EBITDA. Severance and management transition costs of $0.5 million and legal claim costs of $0.2 million in 1Q 17 are omitted from this presentation as they are excluded from Adjusted EBITDA. 2. Weighted average diluted common shares for 1Q 18 and 1Q 17 were 96.6 million and 84.5 million, respectively. First Quarter 2018 Earnings Presentation 12
13 Market Diversification / Portfolio Overview Portfolio Overview San Antonio 10% Cincinnati Revenue (1) by Market Raleigh-Durham International 2% 1% Austin Chicago 4% 4% Dallas 17% 11% Phoenix 12% 12% Houston 12% 15% NY Metro Northern Virginia Market As of March 31, 2018 As of March 31, 2017 CSF Capacity Sq Ft (000) % Leased (2) CSF Capacity Sq Ft (000) % Leased (2) Northern Virginia % % Dallas % % Phoenix % % Cincinnati % % Houston % % San Antonio % % New York Metro % % Chicago % % Austin % % Raleigh-Durham 76 88% 65 80% International 13 76% 13 74% Total 3,348 86% 2,477 88% Stabilized Properties (3) 3,024 92% 2,293 92% Stabilized % Leased flat and Total % Leased down just 2 percentage points even with 35% increase in CSF capacity Notes: 1. Based on March 2018 annualized rent, adjusted to include impact of March 31, 2018 backlog. Annualized rent represents cash rent, including metered power reimbursements, for the month of March, multiplied by Leased percentage is calculated by dividing CSF under signed leases (whether or not the lease has commenced billing) by total CSF. 3. Stabilized properties include data halls that have been in service for at least 24 months or are at least 85% leased. First Quarter 2018 Earnings Presentation 13
14 Development As of 3/31/18 Market CSF Under Development (1) Critical Load Capacity (2) Under Development Dallas 79K 12 MW Northern Virginia 26K 12 MW San Antonio 27K 6 MW Development Projects Development projects expected to deliver 132K CSF and 36 MW of power For projects currently under development, 40% of CSF is contractually committed to customers Estimated $210 - $233MM cost to complete Phoenix - 6 MW Total 132K 36 MW ~3.5 million CSF online upon completion of projects in current development pipeline, up 1.0 million CSF, or 41%, from the first quarter of 2017 Zenium properties to add additional 260K CSF upon full build-out Notes: 1. Represents square footage at a facility for which activities have commenced or are expected to commence in the next 2 quarters to prepare the space for its intended use. Estimates and timing are subject to change. 2. Represents aggregate power available for lease to and exclusive use by customers expressed in terms of megawatts. The capacity presented is for non-redundant megawatts, as CyrusOne can develop flexible solutions to our customers at multiple resiliency levels. First Quarter 2018 Earnings Presentation 14
15 New Credit Facility and Debt Maturity Schedule Closed new $3B senior unsecured credit facility near end of March $1.7B revolving credit facility, which includes a $750MM multicurrency borrowing sublimit $1.3B in term loan commitments $1.0B five-year term loan, which includes a delayed draw feature allowing the company to draw $300MM in up to three tranches over a six-month period in multiple currencies $300MM seven-year term loan Extended weighted average debt term to ~6.5 years ($MM) $1,000 $800 $600 $400 $200 $- Debt Maturity Schedule (1) As of 12/31/17 $250 $650 $700 $ ($MM) $1,000 $800 $600 $400 $200 $- Debt Maturity Schedule (1) As of 3/31/18 $700 $700 $300 $ Note: 1. Excludes bond premiums, lease financings and capital lease obligations. First Quarter 2018 Earnings Presentation 15
16 Capital Structure Gross asset value (1) of $5.3B Credit Highlights Net Debt (1) to LQA Adj. EBITDA of 4.5x as of 3/31/18 No debt maturities until 2023 Available liquidity (3) on 3/31/18 of $2.22B Weighted average remaining debt term of ~6.5 years 100% unsecured (4) S&P recently upgraded outlook to Positive; issue-level rating one notch below investment grade Long-Term Debt Amount ($MM) Interest Rate Maturity Date Revolving credit facility $ L+145 bps Mar 2023 (5) Term loan % Mar 2023 Term loan % Mar 2025 Senior notes excl. bond premium % Mar 2024 Senior notes excl. bond premium % Mar 2027 Total long-term debt $2, % Capital Structure March 31, 2018 Fixed / Floating Interest Rate Mix March 31, 2018 Equity (2) 71% Net Debt (1) 27% Lease Financings 2% Fixed 55% Floating 45% Raised $152MM in net proceeds through at-the-market equity program in 1Q 18 Fixed / floating interest rate mix of 55% fixed / 45% floating as of 3/31/18 Notes: 1. Gross asset value is defined as total assets plus accumulated depreciation. Net debt is defined as long-term debt and capital lease obligations, offset by cash and cash equivalents. 2. Based on 3/29/18 closing price of $ Includes cash and cash equivalents, available capacity on revolving credit facility and undrawn balance on delayed draw term loan. 4. Excludes $15.9 million in capital lease obligations. 5. Assuming exercise of one-year extension option. First Quarter 2018 Earnings Presentation 16
17 Leverage vs. Comparably-Sized Investment Grade REITs Equity Market Cap (1) ($ in billions) $7.5 $7.0 $6.5 KRC (BBB Baa2) AMH (BBB- Baa3) VER (BBB- Baa3) WPC (BBB Baa2) AIV (BBB- Ba1) $6.0 $5.5 $5.0 $4.5 $4.0 $3.5 CONE CONE (BB+(BB Ba3) Ba3) NNN (BBB+ Baa1) DCT (BBB Baa2) CUBE (BBB Baa2) OHI (BBB- Baa3) HPP (BBB- Baa3) HIW (BBB Baa2) HPT (BBB- Baa2) FR (BBB Baa3) WRI (BBB+ Baa1) HR (BBB Baa2) LPT (BBB Baa1) KIM (BBB+ Baa1) HTA (BBB Baa2) STOR (BBB Baa2) BRX (BBB- Baa3) LSI (BBB Baa2) EPR (BBB- Baa2) GPT (BBB- N/A) SRC (BBB- Baa3) ACC (BBB Baa2) SNH (BBB- Baa3) $ x 4.5x 5.0x 5.5x 6.0x 6.5x 7.0x 7.5x 8.0x Net Debt / LQA EBITDA (1)(2) Of investment grade REITs between $3 - $7B in equity market capitalization, 96% or 26 have higher leverage than CyrusOne Notes: 1. Source: Company filings and market data as of April 20, The BB+ rating for CyrusOne is an issue-level rating. The corporate rating is BB. 2. PSB leverage is immaterial and not shown on chart. LTM EBITDA used for HPT. First Quarter 2018 Earnings Presentation 17
18 Consensus EBITDA Growth vs. Leverage EBITDA Growth (1) ( E) 25.0% CONE CONE (BB Ba3) (BB+ Ba3) 20.0% HTA (BBB Baa2) STOR (BBB Baa2) 15.0% 10.0% NNN (BBB+ Baa1) AMH (BBB- Baa3) HR (BBB Baa2) ACC (BBB Baa2) 5.0% CUBE (BBB Baa2) HPT (BBB- Baa2) AIV (BBB- Ba1) WPC (BBB Baa2) SNH (BBB- Baa3) HIW (BBB Baa2) FR (BBB Baa3) LPT (BBB Baa1) LSI (BBB Baa2) SRC (BBB- Baa3) 0.0% 4.0x 4.5x 5.0x 5.5x 6.0x 6.5x 7.0x 7.5x 8.0x KRC (BBB Baa2) VER (BBB- Baa3) (5.0%) HPP (BBB- Baa3) BRX (BBB- Baa3) KIM (BBB+ Baa1) OHI (BBB- Baa3) (10.0%) WRI (BBB+ Baa1) DCT (BBB Baa2) EPR (BBB- Baa2) GPT (BBB- N/A) Net Debt / LQA EBITDA (1)(2) Of investment grade REITs between $3 - $7B in equity market capitalization, none have greater estimated EBITDA growth than CyrusOne and 96% or 26 have higher leverage Notes: 1. Source: Company filings and market data as of April 20, The BB+ rating for CyrusOne is an issue-level rating. The corporate rating is BB. 2. PSB leverage is immaterial and not shown on chart. LTM EBITDA used for HPT. First Quarter 2018 Earnings Presentation 18
19 AMH (BBB- Baa3) CONE (BB+ Ba3) FR (BBB Baa3) HPT (BBB- Baa2) PSB (A- Baa2) STOR (BBB Baa2) KRC (BBB Baa2) DCT (BBB Baa2) BRX (BBB- Baa3) NNN (BBB+ Baa1) AIV (BBB- Ba1) WPC (BBB Baa2) VER (BBB- Baa3) CUBE (BBB Baa2) ACC (BBB Baa2) LPT (BBB Baa1) GPT (BBB- N/A) HIW (BBB Baa2) EPR (BBB- Baa2) HTA (BBB Baa2) WRI (BBB+ Baa1) HPP (BBB- Baa3) LSI (BBB Baa2) SRC (BBB- Baa3) HR (BBB Baa2) OHI (BBB- Baa3) KIM (BBB+ Baa1) SNH (BBB- Baa3) 2018E AFFO Payout Ratio 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% Of investment grade REITs between $3 - $7B in equity market capitalization, only 1 has a lower 2018E AFFO payout ratio than CyrusOne Note: 1. Source: Company filings and market data as of April 20, The BB+ rating for CyrusOne is an issue-level rating. The corporate rating is BB. First Quarter 2018 Earnings Presentation 19
20 Lease Commencements 1Q 18 Leases - Estimated Annualized GAAP Revenue Commenced by End of Period ($MM) (excl. estimates of pass-through power) $50 $25 $- $4.6 $12.1 $23.2 $0.5 $40.4 1Q'18 2Q'18 3Q'18 4Q'18 Total Total Backlog - Estimated Annualized GAAP Revenue Commenced by End of Period ($MM) (excl. estimates of pass-through power) $50 $23.5 $0.5 $39.1 In 1Q 18, leased 29 MW (1) and 226,000 CSF (1) ; weighted average lease term of 77 months Estimates on lease commencements for future quarters are based on current estimated installation timelines Excluding estimates for passthrough power charges, leases signed during 1Q 18 represent approximately $40.4MM (1) of annualized GAAP revenue $25 $- $15.1 2Q'18 3Q'18 4Q'18 Total Total annualized GAAP revenue backlog of approximately $39.1MM as of the end of 1Q 18 Note: 1. Does not include leases signed by Zenium during the quarter. First Quarter 2018 Earnings Presentation 20
21 2018 Guidance Category ($MM except for Normalized FFO) 2018 Guidance (1) Total Revenue $ Lease and Other Revenues from Customers $ Metered Power Reimbursements $75-80 Adjusted EBITDA $ Normalized FFO per diluted common share $ Capital Expenditures $ Development $ Recurring $5-10 Note: 1. Full year 2018 guidance includes the impact of the Zenium acquisition, which is expected to close in May Development capital expenditures include the acquisition of land for future development. First Quarter 2018 Earnings Presentation 21
22 APPENDIX (NON-GAAP RECONCILIATIONS)
23 Non-GAAP Reconciliations CyrusOne Inc. Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (Dollars in millions) (Unaudited) Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA: LQA 1Q 2018 Three Months Ended Mar. 31, 2018 Mar. 31, 2017 Net (loss) income $ $ 43.5 $ (30.4) Interest expense Income tax expense Depreciation and amortization Asset Impairments and loss on disposals EBITDA Transaction, acquisition and other integration expenses Legal claim costs Stock-based compensation Severance and management transition costs Loss on extinguishment of debt New accounting standards and system implementation costs Unrealized gain on marketable equity investments (162.0) (40.5) - Adjusted EBITDA $ $ $ 80.7 First Quarter 2018 Earnings Presentation 23
24 Non-GAAP Reconciliations CyrusOne Inc. Reconciliation of Net (Loss) Income to FFO and Normalized FFO (Dollars in millions) (Unaudited) Three Months Ended Reconciliation of Net (Loss) Income to FFO and Normalized FFO: Mar. 31, 2018 Mar. 31, 2017 Net (loss) income $ 43.5 $ (30.4) Real estate depreciation and amortization Asset impairments - - Funds from Operations (FFO) $ $ 18.3 Loss on early extinguishment of debt Unrealized gain on marketable equity investments (40.5) - New accounting standards and system implementation costs Amortization of customer relationship intangibles Transaction, acquisition and other integration expenses Severance and management transition costs Legal claim costs Normalized Funds from Operations (Normalized FFO) $ 82.2 $ 61.2 Normalized FFO per diluted common share or common share equivalent $ 0.85 $ 0.72 Weighted average diluted common shares and common share equivalents o/s First Quarter 2018 Earnings Presentation 24
FOURTH QUARTER 2018 EARNINGS FEBRUARY 21, 2019
FOURTH QUARTER 2018 EARNINGS FEBRUARY 21, 2019 SAFE HARBOR This presentation contains forward-looking statements regarding future events and our future results that are subject to the safe harbor provisions
More informationFINANCIAL HIGHLIGHTS Q1 2018
1 SAFE HARBOR 2018 This presentation includes forward-looking statements. All statements contained in this presentation other than statements of historical facts, including statements regarding future
More informationEarnings Release and Supplemental Information SECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS
Earnings Release and Supplemental Information SECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS 2017 CoreSite Realty Corporation, All Rights Reserved Table of Contents Overview Earnings Release
More informationINVESTOR PRESENTATION Q2 2018
1 INVESTOR PRESENTATION Q2 2018 SAFE HARBOR 2018 This presentation includes forward-looking statements. All statements contained in this presentation other than statements of historical facts, including
More informationLife Storage. September 2018 Investor Presentation
Life Storage September 2018 Investor Presentation SAFE HARBOR STATEMENT FORWARD LOOKING STATEMENTS 2 This presentation may contain forward looking statements as defined in Section 27A of the Securities
More informationOverview Company Profile 3
Exhibit 99.2 Table of Contents Overview Company Profile 3 Financial Statements Consolidated Balance Sheets 4 Consolidated Statements of Operations 5 Consolidated Statements of Comprehensive Income 6 Summary
More informationONE DATA CENTER PROVIDER. EVERYTHING YOU NEED CoreSite Realty Corporation, All Rights Reserved
ONE DATA CENTER PROVIDER. EVERYTHING YOU NEED. 2019 CoreSite Realty Corporation, All Rights Reserved Table of Contents Company Profile 3 Summary of Data 4 Earnings Release 5 Consolidated Balance Sheets
More informationSECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS CoreSite Realty Corporation, All Rights Reserved
SECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS 2018 CoreSite Realty Corporation, All Rights Reserved Table of Contents Earnings Release 3 Company Profile 8 Summary of Data 9 Consolidated Balance
More informationINVESTOR PRESENTATION Q3 2018
1 INVESTOR PRESENTATION Q3 2018 SAFE HARBOR 2018 This presentation includes forward-looking statements. All statements contained in this presentation other than statements of historical facts, including
More informationEarnings Release and Supplemental Information
Earnings Release and Supplemental Information Quarter Ended Copyright CoreSite. All Rights Reserved. Table of Contents Earnings Release 3 Company Profile 8 Summary of Data 10 Consolidated Balance Sheets
More informationSECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS CoreSite Realty Corporation, All Rights Reserved
SECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS 2018 CoreSite Realty Corporation, All Rights Reserved Table of Contents Earnings Release 3 Company Profile 8 Summary of Data 9 Consolidated Balance
More informationQTS REPORTS THIRD QUARTER 2014 OPERATING RESULTS
Exhibit 99.1 QTS REPORTS THIRD QUARTER 2014 OPERATING RESULTS OVERLAND PARK, Kan. October 28, 2014 QTS Realty Trust, Inc. ( QTS or the Company ) (NYSE: QTS) today announced operating results for the third
More informationSECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS CoreSite Realty Corporation, All Rights Reserved
SECURE, RELIABLE, HIGH-PERFORMANCE DATA CENTER SOLUTIONS 2018 CoreSite Realty Corporation, All Rights Reserved Table of Contents Earnings Release 3 Company Profile 8 Summary of Data 9 Consolidated Balance
More informationEarnings Commentary and Supplemental Information
Earnings Commentary and Supplemental Information Third Quarter 2015 Unaudited Safe Harbor Statement Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This presentation contains
More informationInvestor Presentation May 2018
Investor Presentation May 2018 1 Warning Concerning Forward Looking Statements THIS PRESENTATION CONTAINS STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES
More informationDigital Realty Reports Second Quarter 2016 Results
NEWS RELEASE Digital Realty Reports Second Quarter 2016 Results 7/28/2016 SAN FRANCISCO, July 28, 2016 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center,
More informationREITweek 2018 Investor Conference. June 2018 NYSE:
REITweek 2018 Investor Conference June 2018 NYSE: ZAYO @ZayoGroup Safe Harbor Information contained in this supplemental presentation that is not historical by nature constitutes forward-looking statements
More informationDeutsche Bank 24 th Annual Leveraged Finance Conference. September 27, 2016
Deutsche Bank 24 th Annual Leveraged Finance Conference September 27, 2016 Safe Harbor Certain statements in this presentation may constitute forward-looking statements within the meaning of the Private
More informationTwo Commercial Place, Norfolk, VA Square Feet: 288,662 Tenant: ADP, LLC. Select Income REIT Nareit REITweek June 2018
Two Commercial Place, Norfolk, VA Square Feet: 288,662 Tenant: ADP, LLC Nareit REITweek June 2018 Warning concerning forward looking statements. THIS PRESENTATION CONTAINS STATEMENTS THAT CONSTITUTE FORWARD
More informationQTS REPORTS SECOND QUARTER 2014 OPERATING RESULTS
Exhibit 99.1 QTS REPORTS SECOND QUARTER 2014 OPERATING RESULTS OVERLAND PARK, Kan. July 29, 2014 QTS Realty Trust, Inc. ( QTS or the Company ) (NYSE: QTS) today announced operating results for the second
More informationPrologis Supplemental Information
Third Quarter 2017 Third Quarter 2017 Supplemental Information Unaudited Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance
More informationAcquisition of. June 20, 2016
Acquisition of June 20, 2016 Safe Harbor Certain statements in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as
More informationQTS REPORTS THIRD QUARTER 2017 OPERATING RESULTS
QTS REPORTS THIRD QUARTER 2017 OPERATING RESULTS OVERLAND PARK, Kan. October 24, 2017 QTS Realty Trust, Inc. ( QTS or the Company ) (NYSE: QTS) today announced operating results for the third quarter ended
More informationDUKE REALTY CORPORATION AGREEMENTS TO SELL MEDICAL OFFICE BUSINESS AND PORTFOLIO MAY 1, 2017
DUKE REALTY CORPORATION AGREEMENTS TO SELL MEDICAL OFFICE BUSINESS AND PORTFOLIO MAY 1, 2017 RELIABLE. ANSWERS. 33 Logistics Park 1610 Lehigh Valley, PA Forward-Looking Statement This slide presentation
More informationCBRE GROUP, INC. Third Quarter 2017: Earnings Conference Call NOVEMBER 3, 2017
GROUP, INC. Third Quarter 2017: Earnings Conference Call NOVEMBER 3, 2017 FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking within the meaning of the Private Securities
More informationInvestor Presentation. June 2015
Investor Presentation June 2015 Forward Looking Statements This presentation may contain forward-looking statements within the meaning of the federal securities laws. Forwardlooking statements relate to
More informationQ Quarterly Results Conference Call. July 27, 2018
Q2 2018 Quarterly Results Conference Call July 27, 2018 Safe Harbor Language and Reconciliation of Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning of
More informationQ4 and Full Year 2017 Financial Results. February 16, 2018
Q4 and Full Year 2017 Financial Results February 16, 2018 Safe Harbor Language and Reconciliation of Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning of
More informationLife Storage Investor Presentation September 2017
Life Storage Investor Presentation September 2017 Safe Harbor Statement This presentation may contain forward looking statements as defined in Section 27A of the Securities Act of 1933, and in Section
More informationPrologis Supplemental Information
Second Quarter 2018 Supplemental Information Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance Sheets 7 Consolidated
More informationCoreSite Reports First-Quarter 2018 Financial Results Reflecting Revenue Growth of 12.8% Year over Year
CoreSite Reports First-Quarter 2018 Financial Results Reflecting Revenue Growth of 12.8% Year over Year DENVER, CO April 26, 2018 CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable,
More informationSelect Income REIT Investor Presentation March 2018
350 Spectrum Loop, Colorado Springs, CO Square Feet: 155,808 FedEx Corporation (NYSE: FDX) Rocky Mountain Tech Center Investor Presentation March 2018 Warning concerning forward looking statements. THIS
More informationINAP Reports Second Quarter 2017 Financial Results
INAP Reports Second Quarter 2017 Financial Results Revenue of $69.6 Million; Top-Line Initiatives Continue to Improve Trajectory o Second Quarter Revenue Includes Planned Closure of Facility in New York
More informationPrologis Supplemental Information
First Quarter 2017 Supplemental Information Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance Sheets 7 Consolidated
More informationFIRST QUARTER 2018 INVESTOR PRESENTATION
1 FIRST QUARTER 2018 INVESTOR PRESENTATION 2 LIFE STORAGE AT A GLANCE Over 700 stores in 28 states More than 390,000 customers 91.1% same store quarterly occupancy 30+ years in self-storage business 145
More informationPrologis Supplemental Information
Fourth Quarter 2017 Supplemental Information Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance Sheets 7 Consolidated
More informationSenior Housing Properties Trust
11 Fan Pier Boulevard & 50 Northern Avenue, Boston, MA. Biotech Medical Office Buildings. Primary Tenant: Vertex Pharmaceuticals. Square Feet: 1,650,000. Investor Presentation November 2016 Disclaimer.
More informationPrologis Supplemental Information
Fourth Quarter 2016 Supplemental Information Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance Sheets 7 Consolidated
More information2Q16 Call CURRENT Better/ July 28, 2016 October 25, 2016 Worse 2017E 2018E Global GDP Growth Forecast (1) 2017E: 3.2% 2017E: 3.2% tu 3.2% 3.3% U.S. GDP Growth Forecast (1) 2017E: 2.2% 2017E: 2.1% q 2.1%
More informationDigital Realty Reports Fourth Quarter And Full-Year 2015 Results
NEWS RELEASE Digital Realty Reports Fourth Quarter And Full-Year 20 Results 2/25/2016 SAN FRANCISCO, Feb. 25, 2016 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data
More informationGoing the Distance. 28 October 2014
Going the Distance 28 October 2014 October 28, 2014 The Way Forward Top Priorities Progress Report WE SAID Lease-up existing inventory and improve ROIC Align our leasing efforts and sales incentive program
More informationPrologis Reports Third Quarter 2018 Earnings Results
Press Releases Prologis Reports Third Quarter 2018 Earnings Results Oct 16, 2018 SAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today
More informationPrologis Reports Fourth Quarter and Full Year 2017 Earnings Results
News Release Archive Prologis Reports Fourth Quarter and Full Year 2017 Earnings Results SAN FRANCISCO, Jan. 23, 2018 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate,
More informationPrologis Supplemental Information
First Quarter 2018 Supplemental Information Unaudited Table of Contents Highlights 1 Company Profile 3 Company Performance 5 Guidance Financial Information 6 Consolidated Balance Sheets 7 Consolidated
More informationCORESITE REPORTS FOURTH-QUARTER REVENUE AND FFO PER SHARE GROWTH OF 18% AND 25% YEAR OVER YEAR, RESPECTIVELY
CORESITE REPORTS FOURTH-QUARTER REVENUE AND FFO PER SHARE GROWTH OF 18% AND 25% YEAR OVER YEAR, RESPECTIVELY FFO, excluding non-recurring items, increased 20% year over year to $2.18 per share DENVER,
More information2018 First Quarter May 2, 2018
2018 First Quarter May 2, 2018 Safe Harbor Disclaimer Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the meaning
More informationCareTrust REIT, Inc. Announces Second Quarter 2015 Operating Results; Announces Pending $175M Acquisition
August 10, 2015 CareTrust REIT, Inc. Announces Second Quarter 2015 Operating Results; Announces Pending $175M Acquisition Conference Call and Webcast Scheduled for Monday, August 10, 2015 at 9:00 am ET
More informationFiscal 2018 Fourth Quarter Results. July 26, 2018
Fiscal 2018 Fourth Quarter Results July 26, 2018 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section
More informationOMEGA HEALTHCARE INVESTORS, INC. FUNDS FROM OPERATIONS Unaudited (In thousands, except per share amounts)
OMEGA HEALTHCARE INVESTORS, INC. FUNDS FROM OPERATIONS (In thousands, except per share amounts) Net income... $ 68,157 Add back loss from real estate dispositions... 622 Sub-total... $ 68,779 Elimination
More informationCommercial Real Estate Services
GROUP, GROUP, INC. INC. Global Global Market Market Leader Leader in in Integrated Integrated Commercial Real Estate Services JUNE 2016 NOVEMBER 2016 FORWARD-LOOKING STATEMENTS This presentation contains
More informationSenior Housing Properties Trust
11 Fan Pier Boulevard & 50 Northern Avenue, Boston, MA. Biotech Medical Office Buildings. Primary Tenant: Vertex Pharmaceuticals. REITWeek 2017: NAREIT's Investor Forum June 2017 Disclaimer THIS PRESENTATION
More informationEarnings Call Presentation
Earnings Call Presentation Zayo Group Holdings, Inc. Fiscal Year 2017 Q1 NYSE: ZAYO @ZayoGroup Safe Harbor Information contained in this presentation that is not historical by nature constitutes forward-looking
More informationGovernment Properties Income Trust Investor Presentation March 2017
50 West State Street, Trenton, NJ. Square Feet: 266,995. Primary Tenant: New Jersey Dept. of the Treasury. 801 K Street, Sacramento, CA Square Feet: 337,811 Tenant: State of California Government Properties
More informationDurable Business Drives Cash Flow and Dividend Growth. September 2018
Durable Business Drives Cash Flow and Dividend Growth September 2018 Safe Harbor Language and Reconciliation of Non-GAAP Measures This presentation contains certain forward-looking statements within the
More information12 February February 12, 2015
Restoring Power 12 February 2015 February 12, 2015 The Way Forward Top Priorities Progress Report WE SAID Lease-up existing inventory and improve ROIC Align our leasing efforts and sales incentive program
More informationCompany Presentation. September Internap Corporation (INAP)
Company Presentation September 2018 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. These forward-looking statements include statements related to sales, backlog, profitability,
More informationCincinnati Bell Third Quarter 2013 Results. November 7, 2013
Cincinnati Bell Third Quarter 2013 Results November 7, 2013 Today s Agenda Highlights & Strategic Investments Ted Torbeck, President & Chief Executive Officer Segment Results & Financial Overview Leigh
More informationCBRE GROUP, INC. Fourth Quarter 2017: Earnings Conference Call FEBRUARY 8, 2018
GROUP, INC. Fourth Quarter 2017: Earnings Conference Call FEBRUARY 8, 2018 FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking within the meaning of the Private Securities
More informationZayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal Quarter Ended December 31, 2016
Zayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal Quarter Ended December 31, 2016 Second Fiscal Quarter 2017 Financial Highlights $506.7 million of consolidated revenue, including
More informationEarnings Call Presentation
Earnings Call Presentation Zayo Group Holdings, Inc. Fiscal Year 2016 Q1 NYSE: ZAYO @ZayoGroup Safe Harbor Information contained in this presentation that is not historical by nature constitutes forward-looking
More informationPrologis Reports Fourth Quarter and Full Year 2018 Earnings Results
NEWS RELEASE Prologis Reports Fourth Quarter and Full Year 2018 Earnings Results 1/22/2019 SAN FRANCISCO, Jan. 22, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate,
More informationDUKE REALTY Investor Presentation October 2008
1 DUKE REALTY Investor Presentation October 2008 Forward-Looking Statement When used in this presentation, the word believes, expects, estimates and similar expressions are intended to identify forward-looking
More informationQ Quarterly Results Conference Call. October 25, 2018
Q3 2018 Quarterly Results Conference Call October 25, 2018 Safe Harbor Language and Reconciliation of Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning
More informationSUSTAINABLE INVESTOR RETURNS THROUGH THE ACTIVE OPERATION AND REDEVELOPMENT OF HIGH QUALITY SHOPPING CENTERS IN SUPPLY CONSTRAINED MARKETS.
OUR COMPANY 1 OUR PURPOSE EQUITY ONE SEEKS TO PRODUCE SUSTAINABLE INVESTOR RETURNS THROUGH THE ACTIVE OPERATION AND REDEVELOPMENT OF HIGH QUALITY SHOPPING CENTERS IN SUPPLY CONSTRAINED MARKETS. THE RESILIENCE
More informationPROLOGIS, INC. PROLOGIS, L.P. (Exact name of registrant as specified in charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date
More informationInvestor Presentation. As Of Q4 2014
Investor Presentation As Of Q4 2014 1 COMPANY OVERVIEW City Center White Plains, NY 2 COMPANY SNAPSHOT KITE REALTY GROUP TRUST ABR BY GEOGRAPHY (1) NV, 9% TRI-ST, 6% NC, 5% Note: Dark gray shading denotes
More informationleading online insurance company POTENTIAL INVESTMENTS Digital Realty Trust, Inc. and Subsidiaries Reconciliation of Net Income Available to Common
More informationInvestor Presentation. CITI CEO Conference March 2018
Investor Presentation CITI CEO Conference March 2018 FORWARD-LOOKING STATEMENTS AND NON-GAAP MEASURES In addition to historical information, this presentation contains forward-looking statements under
More informationMSCI THIRD QUARTER 2016
MSCI THIRD QUARTER 2016 Earnings Presentation October 27, 2016 2016 MSCI Inc. All rights reserved. Please refer to the disclaimer at the end of this document. FORWARD-LOOKING STATEMENTS Forward-Looking
More informationEASTERLY GOVERNMENT PROPERTIES REPORTS FIRST QUARTER 2016 RESULTS. ~ FFO of $0.30 per Share on a Fully Diluted Basis for the Quarter ~
EASTERLY GOVERNMENT PROPERTIES REPORTS FIRST QUARTER 2016 RESULTS ~ FFO of $0.30 per Share on a Fully Diluted Basis for the Quarter ~ WASHINGTON, D.C. May 9, 2016 Easterly Government Properties, Inc. (NYSE:
More informationCBRE GROUP, INC. Global Market Leader in Integrated Commercial Real Estate Services
CBRE GROUP, INC. Global Market Leader in Integrated Commercial Real Estate Services March 2016 FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking within the meaning
More informationCompany Presentation January 2017
Company Presentation January 2017 FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Forward Looking Statements Certain information set forth in this presentation contains forward-looking statements
More informationZayo Group Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event
More informationW. P. Carey & Co. CPA :15 Proposed Merger Transaction WPC Investor Presentation February 2012
W. P. Carey & Co. CPA :15 Proposed Merger Transaction WPC Investor Presentation February 2012 Disclaimer Cautionary Statement Concerning Forward-Looking Statements: Certain of the matters discussed in
More information2016 OUTLOOK & 2017 FORECAST FEBRUARY 2016
2016 OUTLOOK & 2017 FORECAST FEBRUARY 2016 1 INTRODUCTION This supplemental disclosure provides a summary of Aimco's recent results, our 2016 outlook and a 2017 forecast. This information highlights four
More informationOMEGA HEALTHCARE INVESTORS, INC. FUNDS FROM OPERATIONS Unaudited (In thousands, except per share amounts)
OMEGA HEALTHCARE INVESTORS, INC. FUNDS FROM OPERATIONS (In thousands, except per share amounts) Net loss... $ (137,515) Deduct gain from real estate dispositions... (693) Sub-total... $ (138,208) Elimination
More informationZayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2017
Exhibit 99.1 Zayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2017 First Fiscal Quarter 2018 Financial Highlights $643.5 million of consolidated revenue;
More informationInvestor Presentation. As Of Q4 2014
Investor Presentation As Of Q4 2014 1 COMPANY OVERVIEW City Center White Plains, NY 2 COMPANY SNAPSHOT KITE REALTY GROUP TRUST ABR BY GEOGRAPHY (1) NV, 9% TRI-ST, 6% NC, 5% Note: Dark gray shading denotes
More informationOMEGA HEALTHCARE INVESTORS, INC. FUNDS FROM OPERATIONS Unaudited (In thousands, except per share amounts)
FUNDS FROM OPERATIONS (In thousands, except per share amounts) Net income available to common stockholders. $ 14,641 Elimination of non-cash items included in net income: Depreciation and amortization...
More informationCompany Presentation. April Internap Corporation (INAP)
Company Presentation April 2018 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. These forward-looking statements include statements related to sales, improved profitability,
More information2018 Second Quarter August 8, 2018
2018 Second Quarter August 8, 2018 Safe Harbor Disclaimer Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the
More informationA Leading National Provider of Post-Acute Services
A Leading National Provider of Post-Acute Services November 2015 Safe Harbor Statement Certain statements in this presentation regarding the expected benefits of the Skilled Healthcare transaction, future
More informationWelltower Reports Third Quarter 2017 Results
FOR IMMEDIATE RELEASE November 7, 2017 For more information contact: John Goodey (419) 247-2800 Welltower Reports Third Quarter 2017 Results Toledo, Ohio, November 7, 2017..Welltower Inc. (NYSE:HCN) today
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION As of March 31, 2016 Investment Opportunity Second largest open air retail landlord in the US and 9 th largest in the world 1 PORTFOLIO QUICK FACTS Number of shopping centers 518
More informationFOURTH QUARTER 2017 INVESTOR PRESENTATION
1 FOURTH QUARTER 2017 INVESTOR PRESENTATION 2 LIFE STORAGE AT A GLANCE Over 700 Stores in 28 States More than 375,000 Customers 91.6% Same Store Quarterly Occupancy 32 Years in Self-Storage Business $2.4
More informationQ INVESTOR FACT SHEET
Q2 2018 INVESTOR FACT SHEET August 9, 2018 2018 Exela Technologies, Inc. NASDAQ: XELA Disclaimer Forward Looking Statements Certain statements included in this presentation are not historical facts but
More information2018 Evercore ISI Utility CEO Conference January 11, 2018
2018 Evercore ISI Utility CEO Conference January 11, 2018 Safe Harbor Forward Looking Statements This presentation contains forward-looking statements about the business, financial performance, contracts,
More informationQ Quarterly Results Conference Call. April 26, 2018
Q1 2018 Quarterly Results Conference Call April 26, 2018 Safe Harbor Language and Reconciliation of Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning of
More informationTable of Contents. Management s Discussion and Analysis 1. Condensed Consolidated Financial Statements 39
Q3 2018 Table of Contents Management s Discussion and Analysis 1 Condensed Consolidated Financial Statements 39 Notes to the Condensed Consolidated Financial Statements 43 Corporate Information IBC Management
More informationTrust & Agree to Merge to Form. Office Properties Income Trust
Government Properties Income Trust & Select Income REIT Agree to Merge to Form Office Properties Income Trust September 17, 2018 2 DISCLAIMERS WARNING REGARDING FORWARD LOOKING STATEMENTS THIS PRESENTATION
More informationCiti Credit Conference. Bill Bradley, Treasurer November 15, 2012
NLSN @ Citi Credit Conference Bill Bradley, Treasurer November 15, 2012 Forward Looking Statements The following discussion may contain forward-looking statements, including those about Nielsen s outlook
More informationA Leading National Provider of Post-Acute Services
A Leading National Provider of Post-Acute Services February 2016 Safe Harbor Statement Certain statements in this presentation regarding the expected benefits of the Skilled Healthcare transaction, future
More informationFinancial Overview. Gil Borok Chief Financial Officer
Financial Overview Gil Borok Chief Financial Officer Forward Looking Statements This presentation, and those immediately following, contain statements that are forward looking within the meaning of the
More informationCincinnati Bell Fourth Quarter 2016 Results February 15, 2017
Cincinnati Bell Fourth Quarter 2016 Results February 15, 2017 Today's Agenda Highlights, Segment Results and Financial Overview Ted Torbeck, Chief Executive Officer Question & Answer 2 Safe Harbor This
More informationTable of Contents. Management s Discussion and Analysis 1. Condensed Consolidated Financial Statements 35
Q1 2018 Table of Contents Management s Discussion and Analysis 1 Condensed Consolidated Financial Statements 35 Notes to the Condensed Consolidated Financial Statements 39 Corporate Information IBC Management
More informationViaSat, Inc. FY17 Q2 Results
ViaSat, Inc. FY17 Q2 Results November 8, 2016 1 Safe Harbor Disclosure website at www.viasat.com. 2 Forward-Looking Statements This presentation contains forward-looking statements regarding future events
More informationSUPPLEMENTAL EARNINGS INFORMATION. Fiscal Year 2018 Q3 NYSE:
SUPPLEMENTAL EARNINGS INFORMATION Fiscal Year 2018 Q3 NYSE: ZAYO @ZayoGroup Forward-Looking Statements Information contained in this supplemental presentation that is not historical by nature constitutes
More informationQ1 Fiscal 2018 Earnings Presentation. May 1, 2018
Q1 Fiscal 2018 Earnings Presentation May 1, 2018 FORWARD LOOKING STATEMENTS AND OTHER IMPORTANT CAUTIONS This presentation contains certain forward-looking statements within the meaning of the Private
More informationNovember 2010 NAREIT Conference November th 2010 RELIABLE. ANSWERS.
November 2010 NAREIT Conference November 15-17 th 2010 Strategic Focus 2010 Goals and Objectives Year to Date Performance Operations Strategy Asset Strategy Capital Strategy Lease-up of unstabilized portfolio
More informationNEWS RELEASE 3 HIGHLIGHTS 6
TABLE OF CONTENTS NEWS RELEASE 3 HIGHLIGHTS 6 FINANCIAL INFORMATION Consolidated Balance Sheets 7 Consolidated Statements of Comprehensive Income 8 Funds from Operations and Adjusted Funds from Operations
More information