Below are the earnings highlights for GDS Holdings Limited (GDS):
Earnings: RMB749.566 million in Q1 vs. -RMB359.285 million in the same period last year. EPS: RMB0.43 in Q1 vs. -RMB0.24 in the same period last year. Revenue: RMB2.723 billion in Q1 vs. RMB2.432 billion in the same period last year.
This 12% increase in revenue was mainly due to continued ramp-up of the company’s data centers.
Looking ahead, for the full year, the company has reaffirmed its outlook. GDS Holdings still expects to register adjusted EBITDA of RMB 5.190 billion to RMB 5.390 billion, with revenue of RMB 11.290 billion to RMB11.590 billion.
The company continues to expect annual capital expenditure of around RMB 4.300 billion.
GDS was up by 5.76% at $28.64 per share in the pre-market trade on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.