Digital Realty Trust (DLR) reported Q1 core funds from operations late Thursday of $1.77 per diluted share, up from $1.67 a year earlier.

Analysts polled by FactSet expected $1.73.

Total operating revenue in the three months ended March 31 rose to $1.41 billion from $1.33 billion a year earlier.

Analysts surveyed by FactSet expected $1.43 billion.

The company raised its 2025 core FFO guidance to the range of $7.05 to $7.15 from $7 to $7.10 and boosted the revenue outlook to the range of $5.825 billion to $5.925 billion from $5.8 billion to $5.9 billion. Analysts expect core FFO of $7.07 on revenue of $5.9 billion.

The company's shares rose 2.4% in after-market trading.