11:37 AM EDT, 03/19/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)
GDS Holdings ( GDS ) shares were down nearly 15% in recent Wednesday trading after the company's Q4 revenue missed analyst estimates.
The company 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.
Price: 30.31, Change: -5.27, Percent Change: -14.81