$3.63
1.63% today
Nasdaq, Nov 26, 02:52 pm CET
ISIN
US90138A1034
Symbol
VNET

21Vianet Group, Inc. Sponsored ADR Class A Stock News

Positive
Seeking Alpha
one day ago
VNET Group's Q3 2024 results beat expectations, driven by strong wholesale IDC growth from AI demand, despite soft retail IDC performance due to macro challenges. Management increased 2024 guidance for revenue and EBITDA, reflecting confidence in wholesale IDC, but concerns remain about retail IDC's impact on future growth. VNET trades are discounted compared to peers, but risks include competi...
Neutral
Seeking Alpha
5 days ago
VNET Group Inc (NASDAQ:VNET ) Q3 2024 Results Conference Call November 20, 2024 8:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Gavin Shen - Rotating President Qiyu Wang - Chief Financial Officer Ju Ma - Executive Vice President Xinyuan Liu - Investor Relations Director Conference Call Participants Sara Wang - UBS Shuyun Che - CICC Daley Li - Bank of America Securit...
Neutral
PRNewsWire
6 days ago
BEIJING , Nov. 20, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. "We achieved strong third quarter results mainly driven by our wholesale IDC business," said Josh Sheng Chen, Founde...
Neutral
PRNewsWire
19 days ago
BEIJING , Nov. 7, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited third quarter 2024 financial results on Wednesday, November 20, 2024, after the close of U.S. markets. The Company's management will host an earnings conference ca...
Neutral
PRNewsWire
25 days ago
BEIJING , Nov. 1 , 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the resignation of Mr. Changqing Ye as an independent director and a member of the audit committee of the Company's board of directors (the "Board"), effective October 31, 2024.
Positive
Seeking Alpha
3 months ago
VNET Group, Inc.'s actual Q2 2024 revenue and normalized EBITDA turned out to be +3.3% and +5.3% above their respective consensus estimates. The company sees its EBITDA growth accelerating from +8.9% in the prior year to +10.3% for the current year, based on the mid-point of its full-year financial guidance. I have upgraded my rating for VNET Group to a Buy; the stock has the potential to comma...
Neutral
Seeking Alpha
3 months ago
VNET Group Inc (NASDAQ:VNET ) Q2 2024 Results Conference Call August 27, 2024 9:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Chenggang Shen - Rotating President & GM-IDC Strategic Business Group Qiyu Wang - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Edison Lee - Jefferies Daley Li - Bank of America Tim Zhao - Goldman Sachs Ethan ...
Neutral
PRNewsWire
3 months ago
BEIJING , Aug. 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. "We delivered another solid quarter through continued strong execution of our effective dual-core development strategy,"...

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