GDS Holdings Limited (GDS) Misses Q2 EPS by 4c
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GDS Holdings Limited Reports Second Quarter 2020 Results
August 18, 2020 7:16 AM EDTSHANGHAI, China, Aug. 18, 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 second quarter ended June 30, 2020.
Second Quarter 2020 Financial Highlights
Net revenue increased by 36.2% year-over-year (Y-o-Y) to RMB1,342.2 million (US$190.0 million) in the second quarter of 2020 (2Q2019: RMB985.2 million).Service revenue increased by 35.5% Y-o-Y to RMB1,334.5 million (US$188.9 million) in the second quarter of 2020 (2Q2019: RMB985.1... More