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GDS Holdings Newsroom
Global Data (GDS.US) net revenue increased to 2,627 billion yuan in the first quarter to accelerate the strategic layout of international business
GLONGHUI, May 22丨GDS.US (GDS.US) announced results for the first quarter of 2024. In the first quarter of 2024, net revenue increased 9.1% year over year to RMB 2,627 billion; adjusted EBITDA (non-GAAP) increased 4.7% year on year to RMB 1.18 billion, and the adjusted EBITDA ratio was 45.0%. As of March 31, 2024, the total area signed and pre-signed was 668,012 square meters, an increase of 5.4% over the previous year; the operating area was 583,229 square meters, an increase of 12.5% over the previous year, and the operating area was signed
GDS Holdings Ltd: TD Cowen cuts target price from $29 to $27
GDS Holdings Ltd: TD Cowen cuts target price from $29 to $27
Express News | GDS Holdings Ltd : TD Cowen Cuts Target Price to $27 From $29
Intraday Overview | The three major Hong Kong stock indices all fell by more than 1%, and Kuaishou bucked the trend and rose more than 4%
Technology Network stocks declined, with Alibaba and NetEase falling nearly 4%, and Xiaomi and Jingdong falling more than 2%; auto stocks were sluggish, with Zero Sports, Xiaopeng Auto, and Guangzhou Automobile Group falling more than 4%, and NIO and Ideal Auto falling nearly 4%.
Opinion | The size of Chinese stock holdings in overseas asset management declined in the first quarter, and some institutions increased their positions
Since mid-April, the Hong Kong stock market has closed higher for four consecutive weeks. The Hang Seng Index has accumulated a cumulative rebound of nearly 20% since the bottom, and once returned to around 19,600 points, a new high since August last year.
Changes in Hong Kong stocks 丨 Global Data plummeted by more than 12%, and Q1 results fell short of expectations
Glonghui, May 23 | Global Data (9698.HK) plummeted by more than 12% to HK$7.83; overnight, GDS.US (GDS.US) closed down 13.87% to $8.01, converted into a Hong Kong stock market price of HK$7.89 per share. According to the financial report released by World Data, net revenue for the first quarter was 2,627 billion yuan, up 9.1% year on year, slightly lower than analysts' expectations of 2.67 billion yuan; loss per ADS in the first quarter was 1.96 yuan, which is narrower than the loss of 2.67 yuan in the same period last year, and analysts expected a loss of 1.87 yuan.
Featured announcements | Kuaishou Q1's adjusted net profit increased more than 100 times year on year; Jinshan Software's Q1 profit increased by about 50%
Wanguo Data's Q1 net loss narrowed to 345 million yuan; Shenzhen Expressway plans to expand the expressway project by 19.2 billion yuan.
GDS Holdings Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Sales Results.
GDS Holdings Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Sales Results.
Earnings Call Summary | GDS Holdings(GDS.US) Q1 2024 Earnings Conference
The following is a summary of the GDS Holdings Limited (GDS) Q1 2024 Earnings Call Transcript:Financial Performance:GDS Holdings reported a consolidated revenue increase of 9.1% and adjusted EBITDA bo
Hong Kong Stock Announcement Nuggets | Kuaishou-W's adjusted net profit for the first quarter was 4.388 billion yuan, up 10347.6% year-on-year, and e-commerce business GMV reached 288.1 billion yuan
Kuaishou-W (01024) plans to buy back the company's Class B common shares worth no more than HK$16 billion within the next 36 months; Jinshan Software (03888) announced first-quarter results, and shareholders' profit of $285 million increased 48% year over year
Changes in US stocks 丨 Wanguo Data fell more than 9% in Q1 revenue, and losses per ADS fell short of expectations
Glonghui, May 22 | Global Data (GDS.US) fell 9.12% to $8.45. Wanguo Data lost 1.96 yuan per ADS in the first quarter, which is narrower than the loss of 2.67 yuan in the same period last year. Analysts expected a loss of 1.87 yuan; revenue was 2.63 billion yuan, an increase of 9.1% over the previous year, and analysts expected 2.67 billion yuan. The company reiterated its revenue guidance for the full year 2024 of $11.34 billion to $11.76 billion.
6-K: Report of foreign private issuer (related to financial reporting)
GDS Holdings Q1 Loss Narrows, Revenue Increases; 2024 Guidance Re-Affirmed -- Shares Decline Pre-Bell
GDS Holdings (GDS) reported a Q1 loss Wednesday of 1.96 Chinese renminbi ($0.27) per American Depositary Share, narrowing from a loss of 2.67 renminbi a year earlier. Two analysts polled by Capital IQ
World Data - SW (09698) net revenue for the first quarter increased 9.1% year on year to 2,627.4 billion yuan, up 2.8% month on month
World Data - SW (09698) announced results for the first quarter of 2024. Net revenue increased 9.1% year-on-year to people...
Express News | Global Data (09698.HK): Net revenue for the first quarter of 2024 increased 9.1% year-on-year to RMB 2,627.4 million; net loss for the first quarter was RMB 344.9 million.
GDS-SW: ANNOUNCEMENT OF THE FIRST QUARTER 2024 RESULTS
GDS Holdings Reiterated FY24 Revenue of RMB11.34B–RMB11.76B Vs RMB11.49B Est
Business OutlookThe Company confirms that the previously provided guidance of total revenues for the year of 2024 of RMB11,340 – RMB11,760 million, Adjusted EBITDA of RMB4,950 – RMB5,150 million and c
GDS Holdings 1Q Loss/Shr 3c >GDS
GDS Holdings 1Q Loss/Shr 3c >GDS
GDS Holdings Q1 GAAP EPADS $(0.27) Beats $(0.29) Estimate, Sales $363.89M Miss $374.55M Estimate
GDS Holdings Q1 GAAP EPADS $(0.27) Beats $(0.29) Estimate, Sales $363.89M Miss $374.55M Estimate
Press Release: GDS Holdings Limited Reports First Quarter 2024 Results
GDS Holdings Limited Reports First Quarter 2024 Results SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS", "GDSH" or the "Company") (NASDAQ: GDS; HKEX: 969