GDS Holdings reports Q2 EPS (1c), consensus (12c)
Reports Q2 revenue $143.5M, consensus $136.48M. "We had another solid second quarter fueled by broad-based gains," said Mr. William Huang, Chairman and Chief Executive Officer. "We added approximately 21,000 sqm or 52 MW of new business during the quarter and are on track for our sales target for the full year. We continue to make progress in adding highly marketable data center capacity in Tier 1 markets, organically and inorganically, which sets us up to maintain our resource advantage. In particular, we are excited about a new strategic partnership with GIC, Singapore's sovereign wealth fund, which will focus on developing and operating build-to-suit data centers outside of Tier 1 markets to fulfil the broader requirements of our strategic customer. This partnership will enable to us do more for our customers, add a unique capability to our platform, and create more long-term value for our shareholders."