GDS Holdings Limited (GDS) Tops Q2 EPS by 10c

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GDS Holdings Limited Reports Second Quarter 2017 Results

August 8, 2017 6:40 AM EDT

SHANGHAI, China, Aug. 08, 2017 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS Holdings, GDS or the Company) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the quarter ended June 30, 2017.

Second Quarter 2017 Financial Highlights

Net revenue increased by 42.4% year-over-year (Y-o-Y) to RMB336.2 million (US$49.6 million) in the second quarter of 2017 (2Q2016: RMB236.0 million).Service revenue increased by 41.7% Y-o-Y to RMB331.5 million (US$48.9 million) in the second quarter of 2017 (2Q2016: RMB234.0... More