08:18 AM EDT, 03/19/2025 (MT Newswires) -- GDS Holdings ( GDS ) reported a Q4 income Wednesday of 2.81 renminbi ($0.39) per diluted share, swinging from loss of 2.16 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 2.20 renminbi.

Revenue for the quarter ended Dec. 31 was 2.69 billion renminbi, up from 2.47 billion renminbi a year earlier.

Analysts surveyed by FactSet expected $3.10 billion renminbi.

The company said it expects 2025 revenue of 11.29 billion renminbi to 11.59 billion renminbi. Two analysts polled by FactSet expect 11.35 billion renminbi.

GDS Holdings ( GDS ) shares were down more than 10% in recent Wednesday premarket activity.