GDS Stock Recent News

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.

SHANGHAI, China, June 27, 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 held its Annual General Meeting of Shareholders (“2024 AGM”) on June 27, 2024. Each of the resolutions submitted to the shareholders for approval at the 2024 AGM has been approved.

GDS Holdings is a leading high-performance data developer and provider in China, with a unique cloud computing platform and a track record of outperformance. The company has demonstrated significant growth and expansion, with a strong customer base consisting of leading companies in data services. GDS stock is currently undervalued, with a target price of $11.78, representing a 41.74% upside from the current trading price.

SHANGHAI, June 03, 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 hold its 2024 Annual General Meeting of Shareholders (the “AGM”) at Garden Suite, Mandarin Oriental, Singapore, 5 Raffles Avenue, Singapore at 4:00 p.m. (China Standard Time) on June 27, 2024 (which is 4:00 a.m. (Eastern Daylight Time) on June 27, 2024).