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Stock impact report

Why Shares of GDS Holdings Popped Today [The Motley Fool]

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: The Motley Fool
The Chinese data center company grew a bit faster than expected. Timothy Green ( TMFBargainBin ) Nov 13, 2018 at 3:44PM What happened Shares of GDS Holdings ( NASDAQ:GDS ) jumped on Tuesday after the Chinese data center operator reported its third-quarter results. GDS beat analyst estimates for both revenue and earnings, and it boosted its full-year outlook. The stock was up about 9.8% at 3 p.m. EST. So what GDS reported third-quarter revenue of $111.1 million, up 79.7% year over year in local currency and about $8.3 million higher than the average analyst estimate. Area in service rose 89.3% year over year to 147,342 square meters; the commitment rate for area in service was 96.3%; and the utilization rate was 68.3%. Image source: Getty Images. Earnings per share came in at a loss of $0.02, $0.03 better than analysts were expecting. Ad Show less Read more
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