GDS Holdings: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $31.2 million in its second quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 18 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The company posted revenue of $340.9 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $347 million.
GDS Holdings expects full-year revenue in the range of $1.37 billion to $1.42 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDS at https://www.zacks.com/ap/GDS
