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0 -0.00108516231582797 -0.000802408754661578 -0.00160481750932316 0.000229259644189171 0.00157424955676482 -0.0101867701901326 -0.00790181573638192
Stock impact report

CoreSite: A Robust Business Model That Cares For Shareholders [Seeking Alpha]

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: Seeking Alpha
SummaryCoreSite is a specialized data center REIT paying a consistent above average dividend yield.The company's business model aims at achieving deeper market penetration in existing markets and offering superior connectivity.It has a smaller number of data centers but in view of the operational risks posed by COVID-19, this is considered an advantage.There are risks of a decrease in IT spending and high churn rate impacting total number of leases as from March 2020 but the company has a robust business model to address these concerns.Debt level is high but the balance sheet remains strong.CoreSite Realty Inc. (CORHowever, what distinguishes it from the others, especially the big ones, is the fact that its business model is more geared towards providing value-added, connectivity-focused solutions in its current markets rather than horizontal expansion in uncharted territories.This business model has achieved an impressive year-over-year FFO (Funds from Operations) and this is what ma Show less Read more
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