GDS Holdings Limited (GDS) Misses Q3 EPS by 20c

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GDS Holdings Limited Reports Third Quarter 2021 Results

November 16, 2021 7:15 AM EST

SHANGHAI, China, Nov. 16, 2021 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS Holdings, GDS or the Company) (NASDAQ: GDS; HKEX: 9698), 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, 2021.

Third Quarter 2021 Financial Highlights

Net revenue increased by 35.2% year-over-year (Y-o-Y) to RMB2,061.4 million (US$319.9 million) in the third quarter of 2021 (3Q2020: RMB1,524.7 million).Service revenue increased by 35.4% Y-o-Y to RMB2,061.1 million (US$319.9 million) in the... More