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GDS' Q2 Loss Narrows, Revenue Increases
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GDS' Q2 Loss Narrows, Revenue Increases
Aug 20, 2025 5:12 AM

07:37 AM EDT, 08/20/2025 (MT Newswires) -- GDS (GDS) reported Wednesday a Q2 loss of 0.06 Chinese renminbi ($0.01) per diluted share, narrowing from the 0.16 renminbi loss a year earlier.

Four analysts polled by FactSet expected a 0.04 renminbi loss.

Total net revenue for the quarter ended June 30 was 2.90 billion renminbi, compared with 2.58 billion renminbi a year earlier.

Analysts polled by FactSet expected 2.85 billion renminbi.

The company reiterated its 2025 revenue outlook of 11.29 billion renminbi to 11.59 billion renminbi. Analysts polled by FactSet expect 11.52 billion renminbi.

GDS stock was up more than 3% in recent premarket activity Wednesday.

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