GDS Stock Recent News

SHANGHAI, China, Nov. 08, 2022 (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, today announced that it will report its third quarter 2022 unaudited financial results after the close of the U.S. market on November 21, 2022 and before the open of the Hong Kong market on November 22, 2022.

GDS Holdings (GDS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

GDS intends to expand and invest in its second growth engine in offshore markets like Southeast Asia, Macau, and Hong Kong. With increasingly more stabilised assets in mainland China, the company is setting up a China data centre fund to recycle capital and accelerate monetisation of stabilised assets.

GDS' results remain pressured amid operating challenges in China. Unsurprisingly, guidance was also lowered for 2022, though the long-term expansion path remains intact.

GDS Holdings Limited (NASDAQ:GDS ) Q2 2022 Earnings Conference Call August 23, 2022 8:00 AM ET Company Participants Laura Chen - Head Investor Relations William Huang - Founder, Chairman & Chief Executive Officer Dan Newman - Chief Financial Officer Jamie Khoo - Chief Operating Officer Conference Call Participants Michael Elias - Cowen Tina Hou - Goldman Sachs Bora Lee - RBC Capital Markets Yang Liu - Morgan Stanley Frank Louthan - Raymond James Operator Hello, ladies and gentlemen. Thank you for standing by for the GDS Holdings Limited Second Quarter 2022 Earnings Conference Call.

GDS Holdings (GDS) delivered earnings and revenue surprises of 21.95% and 0.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Investors were happy with the company's revenue gains in the quarter.

GDS Holdings Limited (NASDAQ:GDS ) Q1 2022 Earnings Conference Call May 18, 2022 8:00 PM ET Company Participants Laura Chen - Head Investor Relations William Huang - Founder, Chairman & Chief Executive Officer Dan Newman - Chief Financial Officer Jamie Khoo - Chief Operating Officer Conference Call Participants Tina Hou - Goldman Sachs Jon Atkin - RBC Capital Markets. Frank Louthan - Raymond James Gokul Hariharan - JPMorgan Joel Ying - Nomura Sara Wang - UBS Operator Hello, ladies and gentlemen.

GDS Holdings (GDS) delivered earnings and revenue surprises of -35.14% and 1.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?