The company reported net income of $75 million for Q2 2024, and net income available to common stockholders of $70 million, or $0.20 per diluted share. Diluted net income per share was $0.82 in the previous quarter and $0.34 in the same quarter last year.

1. 01

   The company reported net income of $75 million for Q2 2024, and net income available to common stockholders of $70 million, or $0.20 per diluted share. Diluted net income per share was $0.82 in the previous quarter and $0.34 in the same quarter last year.

2. 02

   The company reported Core FFO of $1.65 per diluted share for Q2 ($1.67 in the previous quarter and $1.68 in the same quarter last year) and Adjusted EBITDA of $727 million. FFO was $511 million, or $1.57 per share.

3. 03

   Digital Realty said it signed new leases in Q2 generating annualized GAAP rental revenue of $164 million. It said rental rates on renewal leases increased 4.0% on a cash basis and 7.5% on a GAAP basis.

4. 04

   In Q2, the company raised $1.65 billion in net proceeds by selling 12.1 million shares of common stock at $144.63 per share in a May follow-on equity offering. In April, it repaid €600 million ($647 million) of its 2.625% senior notes.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.