Vnet Swings to Q3 Loss, Revenue Rises; Annual Sales Outlook Increased

MT Newswires Live

Nov 20

Vnet Group (VNET) reported a Q3 net loss Thursday of 1.14 Chinese renminbi ($0.16) per diluted American depositary share, swinging from earnings of 0.30 renminbi a year earlier.

Net revenue for the quarter ended Sept. 30 was 2.58 billion renminbi, up from 2.12 billion renminbi a year earlier.

Two analysts surveyed by FactSet expected 2.44 billion renminbi.

The company now expects 2025 net revenue of 9.55 billion renminbi to 9.87 billion renminbi, up from its prior outlook range of 9.15 billion renminbi to 9.35 billion renminbi. Analysts polled by FactSet expect 9.56 billion renminbi.

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Analysts polled by FactSet expect 9.56 billion renminbi.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4531","symbol_name":"中概回港概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2584184202","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584184202","pubTimestamp":1763630642,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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