Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of GDS Holdings (NASDAQ:GDS) decreased 1.5% in pre-market trading after the company reported Q1 results.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Quarterly Results
Earnings per share rose 44.44% over the past year to ($0.10), which missed the estimate of ($0.08).
Revenue of $175,181,000 higher by 31.83% from the same period last year, which missed the estimate of $175,780,000.
Outlook
GDS Holdings hasn't issued any earnings guidance for the time being.
GDS Holdings hasn't issued any revenue guidance for the time being.
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
How To Listen To The Conference Call
Date: May 14, 2020
Time: 09:41 PM ET
Webcast URL: https://edge.media-server.com/mmc/p/2sa876g5
Price Action
52-week high: $65.34
Company's 52-week low was at $30.90
Price action over last quarter: Up 19.51%
Company Description
GDS Holdings Ltd is an integrated provider of high-performance data centers and Information Technology infrastructure services in China. The company provides colocation, managed hosting, and managed cloud services. The company serves Internet companies, financial institutions, telecommunications and Information Technology service providers, and large domestic private sector and multinational corporations. The company operates in a single reporting segment that is design, build-out, and operation of data centers. The majority of the revenue of the company is generated from the Colocation services.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.