GDS Holdings Limited (GDS) Misses Q1 EPS by 16c, Revenues Miss
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GDS Holdings Limited Reports First Quarter 2021 Results
May 19, 2021 4:45 PM EDTSHANGHAI, China, May 19, 2021 (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, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Financial Highlights
Net revenue increased by 37.5% year-over-year (Y-o-Y) to RMB1,706.0 million (US$260.4 million) in the first quarter of 2021 (1Q2020: RMB1,240.4 million).Service revenue increased by 38.3% Y-o-Y to RMB1,704.5 million (US$260.2 million) in the... More