GDS Holdings: Q1 Earnings Insights

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GDS Holdings GDS reported its Q1 earnings results on Thursday, May 25, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

GDS Holdings missed estimated earnings by 25.81%, reporting an EPS of $-0.39 versus an estimate of $-0.31.

Revenue was down $3.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 1.82% increase in the share price the next day.

Here's a look at GDS Holdings's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.35 -0.30 -0.30 -0.25
EPS Actual -0.15 -0.27 -0.32 -0.48
Revenue Estimate 343.49M 321.93M 338.19M 339.94M
Revenue Actual 348.55M 332.83M 344.94M 353.92M

To track all earnings releases for GDS Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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