GDS Swings to Q4 Loss, Revenue Rises; Shares Down Pre-Bell
MT Newswires Live
Mar 17
GDS (GDS) reported a Q4 net loss Tuesday of 0.31 Chinese renminbi ($0.05) per diluted share, swinging from net income of 2.81 renminbi a year earlier.
Analysts polled by FactSet expected a loss of 0.26 renminbi.
Net revenue for the quarter ended Dec. 31 was 2.92 billion renminbi, up from 2.69 billion renminbi a year earlier.
Analysts surveyed by by FactSet expected 2.94 billion renminbi.
For 2026, the company expects revenue of 12.40 billion renminbi to 12.90 billion renminbi. Analysts are looking for 12.63 billion renminbi.
GDS shares were down 3.9% in premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.