GDS Holdings Reports Strong Q1 Earnings and Revenue Amid Record Data Center Demand
GDS Holdings Limited (NASDAQ:GDS) reported first-quarter results that exceeded analyst expectations, driven by record data center bookings and strong demand for AI infrastructure. The company's adjusted earnings per share reached RMB1.32 compared to a consensus estimate of RMB0.06, while revenue totaled RMB3.37 billion versus an expected RMB3.01 billion.
Tickers: $GDS
Topics: AI infrastructure data centers earnings revenue growth