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Stock impact report

GDS Holdings Limited Reports First Quarter 2019 Results

GDS Holdings Limited - American Depositary Shares (GDS) 
Last gds holdings limited - american depositary shares earnings: 3/19 08:28 am Check Earnings Report
US:NASDAQ Investor Relations: expworldholdings.com
Company Research Source: GlobeNewswire
SHANGHAI, China, May 14, 2019 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS), 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, 2019. First Quarter 2019 Financial Highlights Net revenue increased by 58.6% year-over-year (“Y-o-Y”) to RMB891.8 million (US$132.9 million) in the first quarter of 2019 (1Q2018: RMB562.2 million).Service revenue increased by 61.6% Y-o-Y to RMB890.9 million (US$132.8 million) in the first quarter of 2019 (1Q2018: RMB551.5 million).Net loss was RMB136.6 million (US$20.4 million) in the first quarter of 2019, compared with a net loss of RMB85.9 million in the first quarter of 2018.     Adjusted EBITDA (non-GAAP) increased by 111.4% Y-o-Y to RMB383.2 million (US$57.1 million) in the first quarter of 2019 (1Q2018: RMB181.3 million). See “Non-GAAP Disclosure” and “Reconciliations of GAAP and non-GAAP r Show less Read more
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