GDS Holdings Limited Reports Third Quarter 2024 Results
GDS Holdings Limited - American Depositary Shares (GDS)
Last gds holdings limited - american depositary shares earnings: 3/19 08:28 am
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Source: GlobeNewswire
SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net revenue increased by 17.7% year-over-year (“Y-o-Y”) to RMB2,965.7 million (US$422.6 million) in the third quarter of 2024 (3Q2023: RMB2,519.0 million).Net loss was RMB231.1 million (US$32.9 million) in the third quarter of 2024 (3Q2023: net loss of RMB420.8 million).Adjusted EBITDA (non-GAAP) increased by 15.0% Y-o-Y to RMB1,295.7 million (US$184.6 million) in the third quarter of 2024 (3Q2023: RMB1,126.3 million). See “Non-GAAP Disclosure” and “Reconciliations of GAAP and non-GAAP results” elsewhere in this earnings release.Adjusted EBITDA margin (non-GAAP) was 43.7% in the third quarter of 2024 (3Q2023
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News
- GDS Holdings (GDS): Expanding Data Center Capacity to Meet AI Demand [Yahoo! Finance]Yahoo! Finance
- GDS Holdings Ltd (GDS) Q3 2024 Earnings Call Highlights: Strong International Growth and ... [Yahoo! Finance]Yahoo! Finance
- GDS Holdings (GDS) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- GDS Holdings Limited 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- GDS Holdings Limited Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
GDS
Earnings
- 5/22/24 - Beat
GDS
Sec Filings
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/5/24 - Form 6-K
- GDS's page on the SEC website