GDS Holdings Q1 GAAP EPADS $(0.27) Beats $(0.29) Estimate, Sales $363.89M Miss $374.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
GDS Holdings reported its Q1 GAAP EPADS of $(0.27), which beat the estimate of $(0.29). However, its sales of $363.89 million missed the estimate of $374.55 million.
May 22, 2024 | 11:04 am
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NEUTRAL IMPACT
GDS Holdings reported a mixed Q1 earnings result with GAAP EPADS beating estimates but sales missing expectations.
The mixed earnings report, with a beat on GAAP EPADS but a miss on sales, is likely to result in a neutral short-term impact on GDS Holdings' stock price. Investors may weigh the positive earnings beat against the sales miss.
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