GDS Holdings Limited (GDS) Tops Q1 EPS by 7c
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GDS Reports First Quarter 2020 Results
May 14, 2020 6:15 AM EDTSHANGHAI, China, May 14, 2020 (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 first quarter ended March 31, 2020.
First Quarter 2020 Financial Highlights
Net revenue increased by 39.1% year-over-year (Y-o-Y) to RMB1,240.4 million (US$175.2 million) in the first quarter of 2020 (1Q2019: RMB891.8 million).Service revenue increased by 38.3% Y-o-Y to RMB1,232.6 million (US$174.1 million) in the first... More