GDS Holdings Limited (GDS) Reports Q2 Loss Per Share of 2c

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GDS Holdings Limited Reports Second Quarter 2018 Results

August 14, 2018 7:01 AM EDT

SHANGHAI, China, Aug. 14, 2018 (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, 2018.

Second Quarter 2018 Financial Highlights

Net revenue increased by 89.6% year-over-year (Y-o-Y) to RMB637.5 million (US$96.3 million) in the second quarter of 2018 (2Q2017: RMB336.2 million).Service revenue increased by 88.9% Y-o-Y to RMB626.3 million (US$94.7 million) in the second quarter of 2018 (2Q2017: RMB331.5... More