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3 Data Center Stocks Poised to Grow 10X as AI Demand Surges
Investor Place· 2024-08-07 11:15
Artificial intelligence (AI) is rapidly expanding into various industries. However, not all companies have been able to benefit from this growth immediately. Lesser-known data center stocks, for example, are experiencing strong demand. This could substantially boost profits as big tech continues pouring billions into expanding AI capabilities.Massive AI development investments of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META) and Apple (NASDAQ:AAPL) have largely aided infr ...
GDS Announces Results of Annual General Meeting of Shareholders
Newsfilter· 2024-06-27 11:20
SHANGHAI, China, June 27, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it held its Annual General Meeting of Shareholders ("2024 AGM") on June 27, 2024. Each of the resolutions submitted to the shareholders for approval at the 2024 AGM has been approved. Specifically, the shareholders of the Company passed ordinary resoluti ...
GDS Announces Results of Annual General Meeting of Shareholders
GlobeNewswire News Room· 2024-06-27 11:20
SHANGHAI, China, June 27, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it held its Annual General Meeting of Shareholders (“2024 AGM”) on June 27, 2024. Each of the resolutions submitted to the shareholders for approval at the 2024 AGM has been approved. Specifically, the shareholders of the Company passed ordinary resolutio ...
GDS to Hold Annual General Meeting on June 27, 2024
Newsfilter· 2024-06-03 12:30
SHANGHAI, June 03, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will hold its 2024 Annual General Meeting of Shareholders (the "AGM") at Garden Suite, Mandarin Oriental, Singapore, 5 Raffles Avenue, Singapore at 4:00 p.m. (China Standard Time) on June 27, 2024 (which is 4:00 a.m. (Eastern Daylight Time) on June 27, 2024) ...
GDS to Hold Annual General Meeting on June 27, 2024
GlobeNewswire News Room· 2024-06-03 12:30
SHANGHAI, June 03, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will hold its 2024 Annual General Meeting of Shareholders (the “AGM”) at Garden Suite, Mandarin Oriental, Singapore, 5 Raffles Avenue, Singapore at 4:00 p.m. (China Standard Time) on June 27, 2024 (which is 4:00 a.m. (Eastern Daylight Time) on June 27, 2024). ...
GDS(GDS) - 2024 Q1 - Earnings Call Transcript
2024-05-22 15:46
GDS Holdings Limited (NASDAQ:GDS) Q1 2024 Results Conference Call May 22, 2024 8:00 AM ET Company Participants Laura Chen - Head of Investor Relations William Huang - Chairman, Chief Executive Officer Daniel Newman - Chief Financial Officer Jamie Khoo - CEO of GDS International Conference Call Participants Jonathan Atkin - RBC Capital Markets Yang Liu - Morgan Stanley Cooper Belanger - TD Cowen Gokul Hariharan - JPMC Sara Wang - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for GDS Hol ...
GDS Holdings (GDS) Reports Q1 Loss, Lags Revenue Estimates
zacks.com· 2024-05-22 13:21
GDS Holdings (GDS) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this company would post a loss of $0.39 per share when it actually produced a loss of $0.62, delivering a surprise of -58.97%.Over the last four quarters, the company has surpassed c ...
GDS Holdings Limited Reports First Quarter 2024 Results
Newsfilter· 2024-05-22 11:00
SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS", "GDSH" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenue increased by 9.1% year-over-year ("Y-o-Y") to RMB2,627.4 million (US$363.9 million) in the first quarter of 2024 (1Q2023: RM ...
GDS Holdings Limited Reports First Quarter 2024 Results
globenewswire.com· 2024-05-22 11:00
SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenue increased by 9.1% year-over-year (“Y-o-Y”) to RMB2,627.4 million (US$363.9 million) in the first quarter of 2024 (1Q2023: RMB ...
GDS Holdings (GDS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks Investment Research· 2024-05-15 15:01
Wall Street expects a year-over-year increase in earnings on higher revenues when GDS Holdings (GDS) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 22. On th ...