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Latest GDS News From Around the Web
Below are the latest news stories about GDS HOLDINGS LTD that investors may wish to consider to help them evaluate GDS as an investment opportunity.
In this article, we will take a look at the 10 stocks that recently received price-target cuts from analysts. If you want to check out some more stocks whose price targets were trimmed by analysts, go directly to Analysts Just Cut Price Targets for These 5 Stocks. Tech stocks, including Dell Technologies Inc. (NYSE:DELL), Marvell […]
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Losers tool, we have compiled a list of Wednesday’s biggest pre-market stock movers, which is as follows: Five Biggest Movers Topping the list is visual media firm Getty Images Holdings Inc. (NYSE:GETY), which was trading 16.2% up in Wednesday’s early trade. While there is no company-specific news that can explain the upswing, Ronald Josey of Citigroup (NYSE:C) recently initiated coverage on the stock with a Hold rating and a price target of $33 (20% upside potential). Luxury department store chain operator Nordstrom, Inc. (NYSE:JWN) was down 14.2% at the time of writing after it revised its Fiscal Year 2022 guidance down.
GDS Holdings Ltd (NASDAQ: GDS) reported second-quarter FY22 net revenue growth of 24% year-on-year to $344.9 million, beating the consensus of $338.2 million. Service revenue increased 23.6% Y/Y to $343.8 million. Margins: The adjusted gross margin contracted 330 bps to 50.7% as costs expanded 29.3% Y/Y. The adjusted EBITDA rose 18.6% Y/Y to $158.6 million, and the margin contracted by 210 bps to 46%. Loss per ADS of $(0.32) missed the consensus loss of $(0.30). GDS held $1.4 billion in cash and
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?
Q2 2022 GDS Holdings Ltd Earnings Call
SHANGHAI, China, Aug. 23, 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 its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights Net revenue increased by 24.0% year-over-year (“Y-o-Y”) to RMB2,310.4 million (US$344.9 million) in the second quarter of 2022 (2Q2021: RMB1,863.9 mill
A look at the shareholders of GDS Holdings Limited ( NASDAQ:GDS ) can tell us which group is most powerful...
In this article, we discuss top 10 stock picks of Mark Gallogly’s Centerbridge Partners. If you want to skip our detailed analysis of Gallogly’s investment philosophy and performance, go directly to the Top 5 Stock Picks of Mark Gallogly’s Centerbridge Partners. The most notable stocks in Mark Gallogly’s Centerbridge Partners’ 13F portfolio include First American […]
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.