GDS to Report Fourth Quarter and Full Year 2024 Financial Results: A Look Ahead

GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, has announced that it will report its fourth quarter and full year 2024 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on March 19, 2025. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 19, 2025 (8:00 PM Hong Kong Time on the same day). Participants should complete online registration using the link provided below at least 15 minutes before the scheduled start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN, and an e-mail with detailed instructions to join the conference call. Participant Online Registration: .

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at .

GDS Holdings Limited is a leading developer and operator of high-performance data centers in China. The Company's facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company's data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company's customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

Insert a chart showing GDS's revenue growth over the past four quarters

In the third quarter of 2024, GDS reported solid performance across key strategic fronts. In China, the accelerated move-in trend continued, as the Company executed its strategy of delivering the backlog while being selective on new orders. Internationally, the Company's recent equity raise is a major step forward, and positions it well to capture the tremendous opportunities for growth in the international markets. The Company's management team has been addressing investor concerns about high international capex and margin pressures by focusing on expanding its customer base, improving operational efficiency, focusing on high-growth markets, and diversifying its revenue streams. These strategic initiatives aim to mitigate the risks associated with high international capex and margin pressures and deliver long-term value to the Company's shareholders.

Investors and analysts will be closely watching GDS's fourth quarter and full year 2024 financial results, as well as the Company's outlook for the future. The Company's earnings conference call will provide an opportunity for investors to gain insights into GDS's performance and growth prospects. As GDS continues to expand its data center footprint and explore new revenue streams, it is well-positioned to capitalize on the growing demand for data center services in both domestic and international markets.