GDS Holdings Reiterated FY24 Revenue of RMB11.34B–RMB11.76B Vs RMB11.49B Est
Portfolio Pulse from Benzinga Newsdesk
GDS Holdings has reiterated its FY24 revenue guidance of RMB11.34B–RMB11.76B, which is in line with the previous estimate of RMB11.49B. The company also confirmed its adjusted EBITDA and capex guidance.
May 22, 2024 | 11:06 am
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GDS Holdings has reiterated its FY24 revenue guidance, which aligns with previous estimates. This confirmation provides stability and predictability for investors.
The reiteration of revenue guidance in line with previous estimates suggests stability and predictability, which is generally positive for investor sentiment. This could lead to a short-term positive impact on the stock price.
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