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GDS Holdings Ltd (GDS)
NASDAQ:GDS
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.43Last Year’s EPS
-$2.16Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 19, 2024
|% Change Since: -18.01%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Positive
The earnings call presented strong growth in revenue and EBITDA, particularly driven by international expansion and record move-in rates. However, challenges remain in the form of declining margins in China and increased CapEx requirements. The sentiment leans positive due to strategic international achievements and strong financial performance metrics.Company Guidance
During the third quarter of 2024 earnings call for GDS Holdings Limited, William Huang, the CEO, announced a remarkable 18% revenue growth and a 15% increase in adjusted EBITDA year-on-year, driven by strong AI demand and international strategy execution. The company achieved a record gross additional area utilized of over 25,000 square meters, mainly in Tier 1 markets, with expectations to maintain a net additional area utilized of around 60,000 square meters for the full year. For GDS's China segment, revenue grew by 6.1% and adjusted EBITDA by 3.6% year-on-year, despite a 1 percentage point adjusted EBITDA margin dip due to increased power tariffs. GDS revised its 2024 China CapEx guidance to RMB 3 billion, up from RMB 2.5 billion, due to higher move-ins and plans to maintain a CapEx range of RMB 2-3 billion next year. Internationally, GDS achieved a 42% revenue increase and a 15% adjusted EBITDA increase quarter-on-quarter, with plans to increase utilized capacity to 400 megawatts within 18 months. The company raised RMB 8 billion in CapEx for accelerated international expansion, with a USD 1 billion Series B convertible preferred shares issuance expected to close by year-end.Strong Revenue and EBITDA Growth
Achieved 18% revenue growth and 15% adjusted EBITDA growth year-on-year in Q3 2024.
Record Move-in Rate
Gross additional area utilized was over 25,000 square meters, the highest level ever achieved.
International Expansion and Achievements
Signed a contract for 34 megawatts in Batam and entered the Thailand market with a new hyperscale project.
International Revenue Surge
GDSI revenue increased by 42% and adjusted EBITDA by 15% quarter-on-quarter in Q3 2024.
Successful Capital Raising
GDSI raised USD 1 billion from the issue of Series B convertible preferred shares.
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GDS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GDS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $23.49 | $19.68 | -16.22% |
| Aug 21, 2024 | $12.60 | $14.76 | +17.14% |
| May 22, 2024 | $9.30 | $8.01 | -13.87% |
| Mar 26, 2024 | $8.37 | $6.15 | -26.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does GDS Holdings Ltd (GDS) report earnings?
GDS Holdings Ltd (GDS) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is GDS Holdings Ltd (GDS) earnings time?
GDS Holdings Ltd (GDS) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GDS EPS forecast?
GDS EPS forecast for the fiscal quarter 2024 (Q4) is -$0.43.
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