GDS Holdings: Q1 Earnings Insights

Shares of GDS Holdings GDS decreased 1.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 44.44% over the past year to ($0.10), which missed the estimate of ($0.08).

Revenue of $175,181,000 higher by 31.83% from the same period last year, which missed the estimate of $175,780,000.

Outlook

GDS Holdings hasn't issued any earnings guidance for the time being.

GDS Holdings hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 14, 2020

Time: 09:41 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/2sa876g5

Price Action

52-week high: $65.34

Company's 52-week low was at $30.90

Price action over last quarter: Up 19.51%

Company Description

GDS Holdings Ltd is an integrated provider of high-performance data centers and Information Technology infrastructure services in China. The company provides colocation, managed hosting, and managed cloud services. The company serves Internet companies, financial institutions, telecommunications and Information Technology service providers, and large domestic private sector and multinational corporations. The company operates in a single reporting segment that is design, build-out, and operation of data centers. The majority of the revenue of the company is generated from the Colocation services.