GDS Holdings Q4 Sales $360.10M Beat $357.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
GDS Holdings reported Q4 sales of $360.10M, surpassing the analyst consensus estimate of $357.63M by 0.69% and marking a 3.31% increase from the same period last year.
March 26, 2024 | 11:48 am
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GDS Holdings reported a 0.69% beat on Q4 sales estimates and a 3.31% YOY increase, indicating strong performance.
Beating sales estimates and showing year-over-year growth are positive indicators for a company's financial health and often lead to positive investor sentiment. This could result in a short-term uptick in GDS's stock price as the market reacts to the better-than-expected performance.
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