Reports Q3 revenue RMB 2.97B vs. RMB 2.5B last year. “In the third quarter of 2024, we delivered solid performance across key strategic fronts,” said Mr. William Huang, Chairman and CEO of GDS. “In China, the accelerated move-in trend continued, as we executed our strategy of delivering the backlog while being selective on new orders. Internationally, our recent equity raise is a major step forward, and positions us well to capture the tremendous opportunities for growth in the international markets.”
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Read More on GDS:
- GDS Holdings (GDS) Q3 Earnings Cheat Sheet
- GDS Holdings Announces New Preferred Share Agreement
- GDS Holdings’ Global Expansion Fueled by $1 Billion Investment
- GDS Holdings announces $1B equity raise by international affiliate
- GDS Holdings price target raised to $26 from $14 at RBC Capital
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
