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Solution Provider Market Cap Q1 2020 Winners And Losers

Amid the stock market turbulence of the first quarter, 22 of the 25 channel companies on our watch list recorded declines in their market capitalizations – many by significant double-digit amounts. Take a look at who were the winners and who were the losers.

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Quality Technology Services

CEO: Chad Williams

Dec. 31, 2019 Market Cap: $3.13 billion

March 31, 2020 Market Cap: $3.36 billion

Change: +7.44 percent

In February QTS reported that revenue for all of 2019 was $480.8 million, up nearly 7 percent from $450.5 million in 2018. Net income for the year was $29.2 million compared to a $7.18 million loss in 2018.

 
 
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