GDS Holdings Limited (GDS) Misses Q3 EPS by 4c

Go back to GDS Holdings Limited (GDS) Misses Q3 EPS by 4c

GDS Reports Third Quarter 2019 Results

November 14, 2019 6:30 AM EST

SHANGHAI, China, Nov. 14, 2019 (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 third quarter ended September 30, 2019.

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... More