Digital Realty Trust
Q2 2022 Earnings Call
Jul 28, 2022, 5:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon, and welcome to the Digital Realty second quarter 2022 earnings call. Please note that this event is being recorded. [Operator instructions] I would now like to turn the call over to Jordan Sadler, Digital Realty's senior vice president of public and private investor relations. Please go ahead.
Jordan Sadler -- Senior Vice President of Public and Private Investor Relations
Thank you, operator, and welcome, everyone, to Digital Realty's second quarter 2022 earnings conference call. Joining me on today's call are CEO, Bill Stein; and president and CFO, Andy Power. Chief investment officer, Greg Wright; chief technology officer, Chris Sharp; and chief revenue officer, Corey Dyer are also on the call and will be available for Q&A. Management may make forward-looking statements, including guidance and underlying assumptions on today's call.
Forward-looking statements are based on expectations that involve risks and uncertainties that could cause actual results to differ materially. For a further discussion of risks related to our business, see our 10-K and subsequent filings with the SEC. This call will contain non-GAAP financial information. Reconciliations to net income are included in the supplemental package furnished to the SEC and available on our website.
Before I turn the call over to Bill, let me offer a few key takeaways from our second quarter. First, the overarching trend of digital transformation remains a secular driver for our business, which was highlighted by yet another quarter of greater than $110 million of bookings and over 100 new logos added, which was well diversified in terms of product and go. Second, the improved releasing spreads we saw last quarter continued in 2Q, and we remain focused on offsetting the impacts of rising costs throughout our pipeline of new opportunity and development; third, our transformation into a leading global data center solution provider remains on track with our investment in Teraco expected to close within the next two weeks; and finally, our core FFO per share results exceeded consensus for the quarter, though we tempered our expectations for the second half and full year 2022, principally due to continued FX headwinds as we reaffirmed our constant currency core FFO per share guidance for 2022. With that, I'd like to turn the call over to our CEO, Bill Stein.