VPN - Why Is GDS Holdings Stock Trading Lower Tuesday? | Benzinga
GDS Holdings Ltd (NASDAQ:GDS) reported a fourth-quarter fiscal 2023 net revenue growth of 6.3% Y/Y to $360.1 million, beating the consensus of $357.6 million.
Loss per ADS of $(0.01) beat the consensus loss of $(0.33). The stock price slid after the results.
Service revenue of the leading developer and operator of high-performance data centers in China increased 6.3% Y/Y to $360.1 million.
The total area committed and pre-committed by customers rose 6.4% Y/Y to 670,975 square meters (sqm) as of December 31, 2023.
Area in service rose 11.0% Y/Y to 572,555 sqm, ...