.August 22, 2024 03:10:53 AM

GDS Holdings reported a loss of $0.18 per share in the second quarter, beating the Zacks Consensus Estimate of a larger loss. The company’s quarterly revenue was approximately $2.63 billion, showcasing strong income generation capabilities. Despite a net loss, GDS Holdings demonstrated efficient operational management with a gross profit of roughly $573.67 million and an operating income of around $219.23 million. The company’s financial results highlight its stability and potential for growth in the competitive data center industry.