GDS Stock Recent News
GDS LATEST HEADLINES
China stocks and China-related stocks fell back to earth after a huge run-up over the past month.
Analysts are now conflicted on Chinese stocks after an epic run over the past few weeks.
GDS Holdings Limited anticipates that its EBITDA growth can accelerate from +4.7% in Q1 and +6.2% in Q2 to +9.2% for the full year. GDS Holdings' international segment saw its revenue jump by +690.2% YoY in Q2 2024, and the company expects to raise its full-year 2024 capital expenditure guidance for its international business. The company's net debt-to-EBITDA metric declined from 7.7 times for Q1 2024 to 7.2 times in Q2 2024, and it has plans to further reduce its financial leverage.
GDS Holdings (NASDAQ: GDS ) just reported results for the second quarter of 2024. GDS Holdings reported earnings per share of -18 cents.
GDS Holdings (GDS) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.18 per share a year ago.
An analyst upped his price target on the Chinese data center operator. He increased his fair value assessment of its U.S.-listed stock by 50%.
GDS Holdings (GDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Artificial intelligence (AI) is rapidly expanding into various industries. However, not all companies have been able to benefit from this growth immediately.
SHANGHAI, China, Aug. 07, 2024 (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 and South East Asia, today announced that it will report its second quarter 2024 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on August 21, 2024.
Amadeus IT Group is rated as a buy due to solid revenue and profitability performance, expecting to surpass its pre-COVID levels by FY2024. Market uncertainty stems from American Airlines' move to eliminate GDS intermediaries, but Amadeus is well-positioned to adapt with its NDC services. The Company's strong competitive advantage in the GDS industry and gradual adoption of NDC services make it a promising long-term investment.