GDS Holdings: Q1 Earnings Snapshot

SHANGHAI (AP) _ GDS Holdings Limited (GDS) on Wednesday reported a loss of $88.7 million in its first quarter.

The Shanghai-based company said it had a loss of 50 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 37 cents per share.

The company posted revenue of $353.9 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $349.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDS at https://www.zacks.com/ap/GDS