GDS Q1 Income, Revenue Rise

MT Newswires Live
May 20

GDS (GDS) reported Q1 income Wednesday of 1.32 Chinese renminbi ($0.19) per diluted share, up from 0.43 renminbi a year earlier.

The company also reported income per diluted American depositary share of 10.58 renminbi, up from 3.47 renminbi a year ago.

Net revenue for the quarter ended March 31 was 3.37 billion renminbi, up from 2.72 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 2.98 billion renminbi.

The company said it continues to expect full-year revenue of 12.4 billion renminbi to 12.9 billion renminbi. Analysts polled by FactSet expect 12.51 billion renminbi.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10