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Stock impact report

GDS Holdings Limited Reports Second Quarter 2018 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, Aug. 14, 2018 (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 quarter ended June 30, 2018. Second Quarter 2018 Financial Highlights Net revenue increased by 89.6% year-over-year (“Y-o-Y”) to RMB637.5 million (US$96.3 million) in the second quarter of 2018 (2Q2017: RMB336.2 million).Service revenue increased by 88.9% Y-o-Y to RMB626.3 million (US$94.7 million) in the second quarter of 2018 (2Q2017: RMB331.5 million).Net loss was RMB102.1 million (US$15.4 million) in the second quarter of 2018, compared with a net loss of RMB75.7 million in the second quarter of 2017.Adjusted EBITDA (non-GAAP) increased by 132.5% Y-o-Y to RMB232.3 million (US$35.1 million) in the second quarter of 2018 (2Q2017: RMB99.9 million). See “Non-GAAP Disclosure” and “Reconciliations of GAAP and non-GAAP results” Show less Read more
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