GDS Holdings: Q4 Earnings Snapshot : vimarsana.com

GDS Holdings: Q4 Earnings Snapshot


GDS Holdings: Q4 Earnings Snapshot
March 10, 2021
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SHANGHAI (AP) _ GDS Holdings Limited (GDS) on Wednesday reported a loss of $43.1 million in its fourth quarter.
The Shanghai-based company said it had a loss of 26 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The company posted revenue of $250.1 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $248.3 million.
For the year, the company reported that its loss widened to $105 million, or 72 cents per share. Revenue was reported as $879.5 million.

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