GDS stock falls 17% as Q3 net loss widens

Nov. 22, 2022 11:11 AM ETGDS Holdings Limited (GDS)By: Ravikash, SA News Editor

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GDS (NASDAQ:GDS) stock fell ~17% on Tuesday after the company's Q3 results.

Net loss widened to -RMB339.7M (-$47.7M), compared to -RMB301.1M in Q3 2021.

Net revenue grew +14.85% Y/Y to RMB2.37B ($332.8M). The revenue comprised of Service revenue. In Q2 Service revenue was

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