GDS Holdings Limited Reports Fourth Quarter and Full Year 2018 Results
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GDS Holdings Limited (GDS) Tops Q4 EPS by 6c, Revenues Miss
March 13, 2019 4:03 PM EDTGDS Holdings Limited (NASDAQ: GDS) reported Q4 EPS of ($0.02), $0.06 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $120.6 million versus the consensus estimate of $122.49 million.
Net revenue increased by 64.1% year-over-year (Y-o-Y) to RMB829.5 million (US$120.6 million) in the fourth quarter of 2018 (4Q2017: RMB505.5 million).Service revenue increased by 67.9% Y-o-Y to RMB829.1 million (US$120.6 million) in the fourth quarter of 2018 (4Q2017: RMB493.7 million).Net loss was RMB122.9 million (US$17.9 million) in the fourth quarter of 2018, compared with a net loss of RMB116.5 million in the fourth quarter of 2017.... More