Gds holdings posts q3 loss per share of $0.02

Gds reports third quarter 2019 results.q3 loss per share $0.02.q3 revenue rmb 1.066 billion versus refinitiv ibes estimate of rmb 1.06 billion.raising adjusted ebitda guidance for 2019..previously revised fy guidance for total revenues, original guidance for capital expenditures unchanged.sees fy adjusted. ebitda to be in range of rmb1,800 million to rmb1,820 million.fy2019 revenue view cny 4.14 billion -- refinitiv ibes data.gds holdings - board of gds has approved proposed restructuring.gds holdings - restructuring process is expected to be completed within about three months.gds - board decided to approve transfer of ownership of 100% equity interest of gds beijing and gds shanghai to shanghai xinwan enterprise management.initially, there will be 5 individual management shareholders, each holding 20% equity interest in management holdco.gds holdings - consolidation of vies will not be affected under relevant accounting rules.gds - will replace sole director of gds shanghai, certain units of gds beijing with a board of 3 directors.
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