CyrusOne Inc (NASDAQ:CONE)

North American company
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Company Info - CONE

  • Market Cap$9.020bn
  • SymbolNASDAQ:CONE
  • IndustryReal Estate
  • Sector-
  • Currency
  • ISINUS23283R1005

Company Profile

CyrusOne owns or operates 49 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers make up about one third of its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2019 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.CyrusOne Inc is an owner, operator and developer of enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure.

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