Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
ChinaIPO:
02 November 2016Website:
http://www.gds-services.comNext earnings report:
22 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:59:31 GMTDividend
Analysts recommendations
Institutional Ownership
GDS Latest News
SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (the “Company” or “GDSH”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that its international affiliate, DigitalLand Holdings Limited (“GDS International” or “GDSI”), which acts as the holding company for GDSH's data center assets and operations outside of mainland China, has entered into definitive agreements for certain institutional private equity investors (the “Investors”) to subscribe for US$1.0 billion of Series B convertible preferred shares (the “Series B”) newly issued by GDSI.
Analysts are now conflicted on Chinese stocks after an epic run over the past few weeks.
Chinese stocks are capturing attention today as investors react to recent stimulus measures by the Chinese government alongside a strong U.S. jobs report. Interestingly, despite positive analyst upgrades, PDD Holdings (PDD, Financial) experienced a dip of 1.96% in its stock price, currently trading at $151.24.
SHANGHAI, China, Aug. 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 the release of its 2023 Environmental, Social and Governance (“ESG”) report, detailing the Company's ongoing sustainability efforts and its ESG performance.
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.
The Chinese data-center operator unveiled its second-quarter results. Investors liked these so much, they pushed the stock to a double-digit gain on the day.
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.
- 1(current)
What type of business is GDS Holdings Limited?
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company offers colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services. It serves cloud service providers, large Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.
What sector is GDS Holdings Limited in?
GDS Holdings Limited is in the Technology sector
What industry is GDS Holdings Limited in?
GDS Holdings Limited is in the Information Technology Services industry
What country is GDS Holdings Limited from?
GDS Holdings Limited is headquartered in China
When did GDS Holdings Limited go public?
GDS Holdings Limited initial public offering (IPO) was on 02 November 2016
What is GDS Holdings Limited website?
https://www.gds-services.com
Is GDS Holdings Limited in the S&P 500?
No, GDS Holdings Limited is not included in the S&P 500 index
Is GDS Holdings Limited in the NASDAQ 100?
No, GDS Holdings Limited is not included in the NASDAQ 100 index
Is GDS Holdings Limited in the Dow Jones?
No, GDS Holdings Limited is not included in the Dow Jones index
When was GDS Holdings Limited the previous earnings report?
No data
When does GDS Holdings Limited earnings report?
The next expected earnings date for GDS Holdings Limited is 22 November 2024