SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Wednesday reported a loss of $31.1 million in its second quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 18 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.
The company posted revenue of $388.9 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $384.1 million.
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