| VNET to Announce Unaudited First Quarter 2025 Financial Results on May 28, 2025 |
BEIJING , May 14, 2025 /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 first quarter 2025 financial results on Wednesday, May 28, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, May 28, 2025, or 8:00 PM Beijing Time on Wednesday, May 28, 2025. |
prnewswire.com |
2025-05-14 12:00:00 |
Czytaj oryginał (ang.) |
| VNET Group: Still A Buy On Positive Results Preview And Multiple Tailwinds |
VNET Group is a Buy, considering my expectations of strong Q1 2025 results and the favorable read-throughs from recent events. I forecast VNET's revenue growth to hit 20% YoY in Q1 2025 with EBITDA rising 15% YoY, driven by an increase in data center utilization. The REIT listing approval by the Shanghai Exchange and Nvidia's chip adjustments for China have a positive impact on VNET. |
seekingalpha.com |
2025-05-13 07:27:32 |
Czytaj oryginał (ang.) |
| VNET Publishes 2024 Environmental, Social and Governance Report |
BEIJING , April 28, 2025 /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 it has published its 2024 Environmental, Social and Governance Report (the "2024 ESG Report"). This is VNET's fifth ESG report, highlighting the Company's 2024 efforts and achievements in environmental practices, digital empowerment, ethical governance, and social responsibility. |
prnewswire.com |
2025-04-28 10:00:00 |
Czytaj oryginał (ang.) |
| VNET Files Its Annual Report on Form 20-F for Fiscal Year 2024 |
BEIJING , April 25, 2025 /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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 25, 2025 Eastern Time. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at https://www.sec.gov and on the Company's investor relations website at https://ir.vnet.com/. |
prnewswire.com |
2025-04-25 12:55:00 |
Czytaj oryginał (ang.) |
| VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030 |
BEIJING , March 18, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the closing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes bear interest at a rate of 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025. |
prnewswire.com |
2025-03-18 08:00:00 |
Czytaj oryginał (ang.) |
| VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030 |
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the pricing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes Offering is expected to close on or about March 17, 2023, subject to the satisfaction of customary closing conditions. |
prnewswire.com |
2025-03-13 10:18:00 |
Czytaj oryginał (ang.) |
| VNET Announces Proposed Offering of Convertible Senior Notes |
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the commencement of a proposed offering by the Company of US$400 million aggregate principal amount of its convertible senior notes due 2030 (the "Notes"), subject to market and other conditions (the "Notes Offering"). The Notes will be senior, unsecured obligations of the Company, and will accrue interest payable semi-annually in arrears and will mature on April 1, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms prior to such date. |
prnewswire.com |
2025-03-13 05:48:00 |
Czytaj oryginał (ang.) |
| Vnet Group (VNET) Q4 2024 Earnings Call Transcript |
Vnet Group (NASDAQ:VNET ) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Xinyuan Liu – Head-Investor Relations Ju Ma – Rotating President Qiyu Wang – Chief Financial Officer Conference Call Participants Shuyun Che – CICC Sara Wang – UBS Yang Liu – Morgan Stanley Edison Lee – Jefferies Timothy Zhao – Goldman Sachs Daley Li – Bank of America Securities Operator Thank you for standing by for the Fourth Quarter and Full Year 2024 Earnings Conference Call for VNET Group Incorporated. After the management's prepared remarks, there will be a question-and-answer session. |
seekingalpha.com |
2025-03-12 14:38:39 |
Czytaj oryginał (ang.) |
| VNET Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results |
BEIJING , March 12, 2025 /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 fourth quarter and full year ended December 31, 2024. "We closed 2024 with a strong fourth quarter, highlighted by our wholesale IDC business's remarkable performance as we continued to capitalize on AI-driven demand," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. |
prnewswire.com |
2025-03-12 07:45:00 |
Czytaj oryginał (ang.) |
| VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025 |
BEIJING , March 10, 2025 /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 fourth quarter and full year 2024 financial results on Wednesday, March 12, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 12, 2025, or 8:00 PM Beijing Time on Wednesday, March 12, 2025. |
prnewswire.com |
2025-03-10 02:30:00 |
Czytaj oryginał (ang.) |
| VNET Group: REIT Injection And Capex Growth Are The Major Positives |
I continue to rate VNET Group as a 'Buy', following an evaluation of its valuations and prospects. The company's forward EV/EBITDA ratio is lower than that of US and Asian peers, indicating the potential for re-rating. Increased capital expenditures by China's tech giants will drive up VNET's EBITDA growth from +11% in FY24 to +22% in FY25. |
seekingalpha.com |
2025-02-28 07:17:32 |
Czytaj oryginał (ang.) |
| 5 Stocks That More Than Doubled Halfway Through Q1 |
We highlight five stocks from different sectors that more than doubled halfway through the first quarter. |
zacks.com |
2025-02-24 12:40:31 |
Czytaj oryginał (ang.) |
| VNET Earns First-Ever Inclusion in S&P Global Sustainability Yearbook |
BEIJING , Feb. 13, 2025 /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 the Company secured a spot in the S&P Global Sustainability Yearbook 2025 (or "2025 Yearbook"), marking the Company's first inclusion in the global edition following two consecutive years in the China edition. This recognition underscores VNET's outstanding ESG performance and expanding global influence in sustainable development. |
prnewswire.com |
2025-02-13 08:00:00 |
Czytaj oryginał (ang.) |
| Recent Price Trend in 21Vianet (VNET) is Your Friend, Here's Why |
21Vianet (VNET) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen. |
zacks.com |
2025-02-10 11:51:19 |
Czytaj oryginał (ang.) |
| 21Vianet (VNET) Moves to Strong Buy: Rationale Behind the Upgrade |
21Vianet (VNET) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-01-23 15:01:14 |
Czytaj oryginał (ang.) |
| 21Vianet (VNET) Is a Great Choice for 'Trend' Investors, Here's Why |
21Vianet (VNET) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. |
zacks.com |
2025-01-23 11:50:29 |
Czytaj oryginał (ang.) |
| VNET Earns Industry-Leading ESG Ratings from MSCI and S&P Global for Three Consecutive Years |
BEIJING , Dec. 13, 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 its outstanding 2024 ESG performance received high marks from leading ESG rating institutions MSCI and S&P Global. This global recognition highlights the Company's industry-wide ESG leadership and unwavering commitment to sustainable development, carbon neutrality, and green transformation. |
prnewswire.com |
2024-12-13 08:00:00 |
Czytaj oryginał (ang.) |
| VNET and Dajia Investment Ink Definitive Agreement on a Pre-REITs Fund |
BEIJING , Nov. 28, 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 the Company has executed a definitive agreement (the "Agreement") with Dajia Investment Holding Company Ltd. ("Dajia"), a wholly owned subsidiary of Dajia Insurance Group under which both parties will jointly form a pre-REITs fund (the "Fund") to invest in hyperscale data centers in mainland China. |
prnewswire.com |
2024-11-28 23:30:00 |
Czytaj oryginał (ang.) |
| VNET: Riding AI Waves While Retail IDC Anchors The Ship |
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 competition from modular AI solutions and potential higher capex affecting free cash flow. |
seekingalpha.com |
2024-11-25 11:37:20 |
Czytaj oryginał (ang.) |
| VNET or DASH: Which Is the Better Value Stock Right Now? |
Investors interested in Internet - Services stocks are likely familiar with 21Vianet (VNET) and DoorDash, Inc. (DASH). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-11-21 14:41:22 |
Czytaj oryginał (ang.) |
| VNET Group Inc (VNET) Q3 2024 Earnings Call Transcript |
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 Securities Tom Tang - Morgan Stanley Edison Lee - Jefferies Timothy Zhao - Goldman Sachs Operator Hello, ladies and gentlemen. Thank you for standing by for the Third Quarter 2024 Earnings Conference Call for VNET Group, Inc. [Operator Instructions] Participants from our management include Mr. |
seekingalpha.com |
2024-11-21 08:58:05 |
Czytaj oryginał (ang.) |
| VNET Reports Unaudited Third Quarter 2024 Financial Results |
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, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. |
prnewswire.com |
2024-11-20 18:30:00 |
Czytaj oryginał (ang.) |
| VNET to Announce Unaudited Third Quarter 2024 Financial Results on November 20, 2024 |
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 call at 8:00 PM U.S. Eastern Time on Wednesday, November 20, 2024, or 9:00 AM Beijing Time on Thursday, November 21, 2024. |
prnewswire.com |
2024-11-07 08:00:00 |
Czytaj oryginał (ang.) |
| VNET or DASH: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Internet - Services sector have probably already heard of 21Vianet (VNET) and DoorDash, Inc. (DASH). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-11-05 14:41:34 |
Czytaj oryginał (ang.) |
| VNET Announces Changes to Board Composition |
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. |
prnewswire.com |
2024-11-01 09:00:00 |
Czytaj oryginał (ang.) |
| VNET vs. TTD: Which Stock Is the Better Value Option? |
Investors with an interest in Internet - Services stocks have likely encountered both 21Vianet (VNET) and The Trade Desk (TTD). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-08-30 16:41:00 |
Czytaj oryginał (ang.) |
| 21Vianet (VNET)'s Technical Outlook is Bright After Key Golden Cross |
From a technical perspective, Vnet Group Inc. (VNET) is looking like an interesting pick, as it just reached a key level of support. VNET's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. |
zacks.com |
2024-08-30 14:56:01 |
Czytaj oryginał (ang.) |
| Is 21Vianet Group (VNET) a Great Value Stock Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-08-30 14:46:19 |
Czytaj oryginał (ang.) |
| VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade) |
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 command a higher EV/EBITDA multiple, considering its positive growth prospects. |
seekingalpha.com |
2024-08-28 20:35:20 |
Czytaj oryginał (ang.) |
| VNET Group Inc (VNET) Q2 2024 Earnings Call Transcript |
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 Zhang - Nomura Operator Hello, ladies and gentlemen. Thank you for standing by for the second quarter 2024 earnings conference call for VNET Group Inc. After the management's prepared remarks, there will be a question-and-answer session. |
seekingalpha.com |
2024-08-28 16:35:31 |
Czytaj oryginał (ang.) |
| VNET Reports Unaudited Second Quarter 2024 Financial Results |
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," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. |
prnewswire.com |
2024-08-27 20:30:00 |
Czytaj oryginał (ang.) |
| VNET to Announce Unaudited Second Quarter 2024 Financial Results on August 27, 2024 |
BEIJING , Aug. 16, 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 second quarter 2024 financial results on Tuesday, August 27, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, August 27, 2024, or 9:00 AM Beijing Time on Wednesday, August 28, 2024. |
prnewswire.com |
2024-08-16 11:00:00 |
Czytaj oryginał (ang.) |
| VNET Announces Change to Board Composition |
BEIJING , July 30, 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. Erhfei Liu as an independent director of the Company's board of directors (the "Board"), effective July 24, 2024. |
prnewswire.com |
2024-07-30 11:00:00 |
Czytaj oryginał (ang.) |
| 3 Internet Services Stocks to Beat Earnings Estimates in Q2 |
Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases. |
zacks.com |
2024-07-25 13:10:48 |
Czytaj oryginał (ang.) |
| VNET or AKAM: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Internet - Services sector have probably already heard of 21Vianet (VNET) and Akamai Technologies (AKAM). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-07-16 16:46:22 |
Czytaj oryginał (ang.) |
| VNET Recognized in S&P Global's Sustainability Yearbook 2024 (China) for Second Consecutive Year |
BEIJING , July 16, 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 its exceptional ESG (Environmental, Social, and Governance) performance was highlighted in S&P Global's Sustainability Yearbook 2024 (China). Notably, VNET received the highest S&P Global ESG score among its Chinese peers in the IT services industry and was the industry's only participant to be included in the Yearbook (China) for two consecutive years. |
prnewswire.com |
2024-07-16 11:00:00 |
Czytaj oryginał (ang.) |