GDS Holdings Says Aligned With Its Growth Initiatives To Deliver Long-term Value For Stakeholders; Confirms FY24 Guidance
Portfolio Pulse from Benzinga Newsdesk
GDS Holdings reaffirms its FY24 guidance, projecting total revenues between RMB11,340 and RMB11,760 million, Adjusted EBITDA of RMB4,950 to RMB5,150 million, and capital expenditures of approximately RMB6,500 million. The company emphasizes alignment with growth initiatives to deliver long-term value.
August 21, 2024 | 11:06 am
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POSITIVE IMPACT
GDS Holdings has confirmed its financial guidance for FY24, maintaining its revenue, EBITDA, and capex projections. This reaffirms the company's commitment to its growth initiatives and long-term value creation.
The confirmation of financial guidance suggests stability and confidence in the company's growth strategy, which is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100