GDS Holdings (GDS) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of a loss of $0.22 per share. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 318.18%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.10, delivering a surprise of 62.96%.Over the last four quarters, the company h ...

美股小幅低开 特斯拉涨近2% 智通财经5月20日电，美股三大指数集体低开，道指跌0.13%，纳指跌0.43%，标普500指数跌0.32%。特 斯拉涨近2%，此前马斯克承诺在五年内继续担任特斯拉CEO。哔哩哔哩涨逾4%，Q1营收70亿元，同比 增长24%。万国数据涨7%，公司Q1营收同比增长12%，净利润为7.64亿元。 ...

GDS (GDS) Q1 2025 Earnings Call May 20, 2025 08:00 AM ET Company Participants Laura Chen - Head-Investor RelationsWilliam Huang - Founder, Chairman of the Board & CEODaniel Newman - Chief Financial OfficerYang Liu - Executive DirectorFrank Louthan - Managing DirectorEdison Lee - Head - HK/China Tech, Telecom & Software Research Conference Call Participants Xinyi Wang - Equity Research Analyst - Greater China Telecom & Data CenterDaley Li - Vice President, Equity Research Analyst - China Software & Semis Sec ...

GDS (GDS) Q1 2025 Earnings Call May 20, 2025 08:00 AM ET Speaker0 Hello, ladies and gentlemen. Thank you for standing by for GTS Holdings Limited First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After management prepared remarks, there will be a question and answer session. Today's conference call is being recorded. I will now turn the call over to your host, Ms. Laura Chen, Head of Investor Relations for the company. Please go ahead, Laura ...

GDS Holdings Limited 萬國數據控股有限公司* （於開曼群島以GDS Holdings Limited的名稱註冊成立及以不同投票權控制的有限公司， 並以GDS WanGuo Holdings Limited於香港經營業務） （股份代號：9698） 年度股東大會登記日期 香港交易及結算所有限公司、香港聯合交易所有限公司（「香港聯交所」）及香港中央結算有限公 司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因 本公告全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 萬國數據控股有限公司*（「本公司」）以不同投票權控制。股東及有意投資者務請留意投資不同 投票權架構公司的潛在風險，特別是不同投票權受益人的利益未必總與股東整體利益一致，而 不論其他股東如何投票，不同投票權受益人會對股東決議案的結果有重大影響。我們的美國存 託股（每股美國存託股代表八股A類普通股）於美國納斯達克全球市場上市，股份代號為GDS。 由JP Morgan Chase Bank, N.A.（作為美國存託股的存託人）發行並代表A類普通股 的美國存託股（「美國存託股」）的持有人並 ...

1Q25 Earnings Call 20 May 2025 NASDAQ: GDS HKEX: 9698 0 © GDS 2016 DISCLAIMER This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other sim ...

Core Viewpoint - GDS Holdings Limited reported solid operational and financial performance in Q1 2025, with significant growth in revenue and adjusted EBITDA, driven by strategic execution and increasing demand in Tier 1 markets, particularly due to AI developments [3][31]. Financial Highlights - Net revenue for Q1 2025 was RMB2,723.2 million (US$375.3 million), a 12.0% increase from RMB2,432.2 million in Q1 2024 [4][8]. - Adjusted EBITDA increased by 16.1% year-over-year to RMB1,323.8 million (US$182.4 million), with an adjusted EBITDA margin of 48.6% [8][20]. - Net income for Q1 2025 was RMB764.1 million (US$105.3 million), compared to a net loss of RMB344.9 million in Q1 2024 [8][16]. Operational Highlights - Total area committed and pre-committed increased by 6.7% year-over-year to 649,561 sqm as of March 31, 2025 [8][24]. - Area utilized rose by 14.6% year-over-year to 462,423 sqm, with a utilization rate of 75.7% [8][29]. - The company completed its first data center ABS transaction in China, enhancing financing flexibility and resulting in a gain on deconsolidation of RMB1,057.0 million (US$145.7 million) [3][30]. Cost and Expenses - Cost of revenue for Q1 2025 was RMB2,078.3 million (US$286.4 million), an 8.8% increase from RMB1,911.0 million in Q1 2024 [5][8]. - Gross profit margin improved to 23.7% in Q1 2025, up from 21.4% in the same period last year, attributed to lower operating costs as a percentage of net revenue [6][9]. - Selling and marketing expenses increased by 12.2% year-over-year to RMB26.2 million (US$3.6 million) [10]. Liquidity and Debt - As of March 31, 2025, cash was RMB7,575.7 million (US$1,044.0 million) [21]. - Total short-term debt was RMB4,735.8 million (US$652.6 million), while total long-term debt stood at RMB37,755.8 million (US$5,202.9 million) [22]. Business Outlook - The company maintains its guidance for total revenues in 2025 to be between RMB11,290 million and RMB11,590 million, with adjusted EBITDA expected to be between RMB5,190 million and RMB5,390 million [31].

Core Insights - The issuance of the first data center holding-type real estate ABS in China marks a significant innovation in the digital infrastructure sector, facilitated by SPDB Beijing Branch [1][2] - The ABS is backed by high-quality data centers, with funds allocated for the acquisition and operation of core financial data center assets [1] - The collaboration among SPDB, WanGuo Data, GuoShou Investment, and CITIC Securities has successfully addressed challenges in the IDC development, enhancing asset liquidity and financing channels for data center enterprises [2] Group 1 - The "CITIC Securities-WanGuo Data 2025 Phase 1 Data Center Holding-Type Real Estate Asset-Backed Special Plan (Sustainable Link)" was successfully listed on the Shanghai Stock Exchange [1] - SPDB Beijing Branch played a crucial role in coordinating with relevant institutions and participating in the design discussions for the product structure and terms [1] - The innovative design of the acquisition financing scheme aligns with the ABS product structure, determining loan terms, repayment plans, valuation requirements, and risk control clauses [1] Group 2 - The successful issuance of the first data center holding-type real estate ABS acquisition loan is a positive step for data center companies to activate existing assets and improve their financial statements [2] - The project was advanced under the guidance of regulatory bodies such as the Shanghai Stock Exchange, showcasing effective collaboration among financial institutions [2]

Group 1 - UBS analysts believe that market concerns regarding the sustainability of AI investments in China's data center industry are "excessive" and that the sector's valuation has become attractive after a 40%-60% pullback from its peak in February [1] - UBS maintains a "Buy" rating on GDS Holdings Limited (GDS.US) and Century Internet Group (VNET.US) due to strong fundamentals and potential catalysts from data center REITs that may boost stock prices [1] - The report indicates that despite macroeconomic uncertainties, UBS has lowered the target price for GDS from $58 to $45 and for VNET from $23 to $12.80, while reaffirming GDS as its preferred stock [1] Group 2 - UBS expects GDS to benefit from new AI-driven orders and its core infrastructure layout, while VNET's wholesale business is projected to achieve a 56% growth in EBITDA by 2026 [1] - Key conclusions from industry research include manageable impacts from U.S. chip bans, optimization of data center site selection around first-tier cities, and an increase in demand for high-power density racks [1] - UBS also notes that the progress of GDS's REIT approval may support its valuation, predicting that the industry's EBITDA compound annual growth rate (CAGR) will reach 20% by 2026 [2]

Core Insights - The company reported a 5.1% increase in unaudited group revenue for the nine months ending March 31, 2025, reaching €3.9 billion, driven by activity volume growth and the acquisition of Cosem primary care centers [3][5][21] - EBITDA remained almost stable at €441 million, reflecting a slight decrease of 0.8% compared to the previous year, primarily due to the impact of government funding changes and inflation [3][9][21] - The French market continues to face challenges with low tariffs and funding interruptions, impacting overall financial performance [3][10][13] Revenue and Activity - Revenue growth in France was 6.6%, supported by the acquisition of 12 Cosem primary care centers and an increase in patient volumes [6][21] - The company experienced a 3.2% organic sales growth, indicating solid underlying performance despite external pressures [3][5] - Total admissions in French hospitals rose, confirming the group's role in addressing the post-Covid backlog of elective care [7] Cost Management and EBITDA - EBITDA was impacted by a €25 million reduction in the French government's revenue guarantee and a €14.7 million decrease due to the government's withholding of the prudential coefficient [9][10] - Cost-saving measures, including reductions in agency staff and administrative costs, were implemented to counteract the financial pressures from inflation and funding cuts [3][10] - The EBITDA margin decreased to 11.3% from 12.0% year-on-year, reflecting the challenges faced in maintaining profitability [21] Cash Flow and Financing - Net cash flow from operating activities decreased to €282 million, down €50 million from the previous year, primarily due to unfavorable working capital variations [12][24] - The company's net financial debt as of March 31, 2025, was €3.86 billion, with a restated net leverage ratio of 5.7x, indicating a slight increase from the previous period [12][22] - The company repriced its senior debt facilities at more favorable margins, providing a long-term financing framework to support its strategic plan [4][12] Strategic Developments - The company is focused on expanding its integrated care services and enhancing patient experiences through digitalization and AI tools [3][13] - Ramsay Santé continues to engage with European governments to secure fair funding for the private healthcare sector, which plays a critical role in the overall healthcare system [13][15] - The group is investing over €200 million annually to support the evolution of care pathways across various domains [16]