GDS Narrows Q3 Loss, Revenue Rises

MT Newswires Live

2024/11/19

GDS Holdings (GDS) reported a Q3 loss Tuesday of 1.12 Chinese renminbi ($0.15) per American Depositary Share, compared with a loss of 2.37 renminbi a year earlier.

Analysts polled by FactSet expected a loss of $0.19.

Revenue for the quarter ended Sept. 30 was 2.97 billion renminbi, compared with 2.52 billion renminbi a year earlier. Analysts polled by FactSet expected $412.7 million.

The company said it maintained its outlook for 2024 revenue of 11.34 billion renminbi to 11.76 billion renminbi.

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Analysts polled by FactSet expected $412.7 million.</p><p>The company said it maintained its outlook for 2024 revenue of 11.34 billion renminbi to 11.76 billion renminbi.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDS","symbol_name":"万国数据","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484944339","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484944339","pubTimestamp":1732023257,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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