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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.43B | 5.5% |
| Gross Profit | 854M | 32.8% |
| Cost of Revenue | 578M | 19.1% |
| Operating expense | 1.26B | 6.2% |
| Net Income | 51M | 36.2% |
| EBITDA | 647M | 1.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 45.3B | 3.9% |
| Total Liabilities | 22.1B | 4.3% |
| Total Equity | 21.2B | 3.5% |
| Shares Outstanding | 331M | 1.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 567M | 1.2% |
| Cash from investing | -1.12B | 297% |
| Cash from financing | 474M | 44.7% |
EPS
Financial Highlights for Digital Realty Trust in Q3 '24
Digital Realty Trust reported a revenue of 1.43B, which is a 5.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 854M, marking a 32.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 578M, a -19.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.26B, showing a -6.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 51M, showing a -36.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 647M, showing a 1.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Digital Realty Trust faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
