07:43 AM EDT, 08/21/2024 (MT Newswires) -- GDS Holdings ( GDS ) reported a Q2 loss Wednesday of 1.30 Chinese renminbi ($0.18) per American Depositary Share, compared with a loss of 1.31 renminbi a year earlier.

Analysts surveyed by Capital IQ expected a loss of 1.31 renminbi.

Revenue for the quarter ended June 30 was 2.83 billion renminbi, up from 2.47 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 2.79 billion renminbi.

The company said it continues to expect fiscal 2024 revenue to be in the range of 11.34 billion renminbi to 11.76 billion renminbi.

Analysts surveyed by Capital IQ expect 11.45 billion renminbi.

GDS Holdings ( GDS ) shares were up 6.4% in recent Wednesday premarket activity.

Price: 13.40, Change: +0.80, Percent Change: +6.35