GDS Reports Third Quarter 2019 Results
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GDS Holdings Limited (GDS) Misses Q3 EPS by 4c
November 14, 2019 6:31 AM ESTGDS Holdings Limited (NASDAQ: GDS) reported Q3 EPS of ($0.12), $0.04 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $149.2 million versus the consensus estimate of $149.06 million.
Third Quarter 2019 Financial Highlights
Net revenue increased by 39.8% year-over-year (Y-o-Y) to RMB1,066.2 million (US$149.2 million) in the third quarter of 2019 (3Q2018: RMB762.8 million).Service revenue increased by 40.7% Y-o-Y to RMB1,058.9 million (US$148.1 million) in the third quarter of 2019 (3Q2018: RMB752.6 million).Net loss was RMB108.6 million (US$15.2 million) in the third quarter of 2019, compared with a net loss of RMB119.4 million in the... More