GDS (GDS) reported Q1 income Wednesday of 1.32 Chinese renminbi ($0.19) per diluted share, up from 0.43 renminbi a year earlier.

The company also reported income per diluted American depositary share of 10.58 renminbi, up from 3.47 renminbi a year ago.

Net revenue for the quarter ended March 31 was 3.37 billion renminbi, up from 2.72 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 2.98 billion renminbi.

The company said it continues to expect full-year revenue of 12.4 billion renminbi to 12.9 billion renminbi. Analysts polled by FactSet expect 12.51 billion renminbi.