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The Latest Breaking News from GDS Holdings Ltd
GDS Clocks 34% Revenue Growth In Q4
GDS Holdings Ltd (NASDAQ:GDS) reported fourth-quarter FY21 revenue growth of 34.1% year-on-year to $343.3 million, beating the consensus of $338.7 million. Service revenue increased 34.3% Y/Y to $343 million. Margins: The adjusted gross margin contracted 100 bps to 52.5%. The adjusted EBITDA rose 35.5% Y/Y to $161.2 million, and the margin expanded by 50…
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