Investing.com - GDS Holdings reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
GDS Holdings announced earnings per share of ¥-0.03 on revenue of ¥332.8M. Analysts polled by Investing.com anticipated EPS of ¥-0.33 on revenue of ¥2.35B.
GDS Holdings shares are down 70.7% from the beginning of the year and are trading at ¥13.82 , down-from-52-week-high.
GDS Holdings follows other major Information Technology sector earnings this month
GDS Holdings's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of ¥1.29 on revenue of ¥90.1B, compared to forecasts EPS of ¥1.26 on revenue of ¥88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of ¥2.35 on revenue of ¥50.1B, compared to forecast for EPS of ¥2.32 on revenue of ¥49.86B.
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