US stocks surged | Q1 net profit turned from loss to profit, GDS.US rose by nearly 6%

According to Zhidao Financial APP, on Wednesday, GDS Holdings (GDS.US) rose nearly 6%, reaching $29.20. In terms of news, the company's net income for the first quarter was 2.723 billion RMB, an increase of 12% year-on-year; gross profit was 644.8 million RMB, an increase of 23.7% year-on-year. Net profit was approximately 764 million RMB, turning losses into profits year-on-year; adjusted EBITDA increased by 16.1% year-on-year to 1.3238 billion RMB.