GDS Holdings ( (GDS) ) has released its Q1 earnings. Here is a breakdown of the information GDS Holdings presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
GDS Holdings Limited is a prominent developer and operator of high-performance data centers in China, offering a range of services including co-location and managed hybrid cloud services. In the first quarter of 2025, GDS Holdings reported a significant financial turnaround with a net income of RMB764.1 million, contrasting with a net loss in the same period last year. The company’s net revenue increased by 12% year-over-year, reaching RMB2,723.2 million, while the adjusted EBITDA grew by 16.1%, reflecting strong operational performance and strategic execution. Key highlights include a 6.7% year-over-year increase in total area committed and pre-committed, and a notable gain from the deconsolidation of subsidiaries related to an ABS transaction. Looking ahead, GDS Holdings remains optimistic about its growth trajectory, maintaining its revenue and adjusted EBITDA guidance for the year, driven by continued demand in Tier 1 markets and strategic investments in new data centers.