GDS Holdings Swings to Q4 Profit as Revenue Rises; Provides 2025 Revenue Outlook

MT Newswires Live

2025/03/19

GDS Holdings (GDS) reported a Q4 income Wednesday of 2.81 renminbi ($0.39) per diluted share, swinging from loss of 2.16 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 2.20 renminbi.

Revenue for the quarter ended Dec. 31 was 2.69 billion renminbi, up from 2.47 billion renminbi a year earlier.

Analysts surveyed by FactSet expected $3.10 billion renminbi.

The company said it expects 2025 revenue of 11.29 billion renminbi to 11.59 billion renminbi. Two analysts polled by FactSet expect 11.35 billion renminbi.

GDS Holdings shares were down more than 10% in recent Wednesday premarket activity.

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