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VNET Group Reports Revenue Rise Despite Quarterly Loss

VNET Group, Inc. reported a fourth-quarter loss of RMB11.096 million, yet revenue increased by 18.3%. Looking ahead, the company anticipates growth in both adjusted EBITDA and revenue for 2025.

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AI Rating:   6

Key Financial Metrics: VNET Group, Inc. has reported significant financial figures in its latest quarterly results. The company posted a loss of RMB11.096 million for the fourth quarter, which translates to an EPS of -RMB0.01. This is a notable improvement compared to the previous year’s loss of -RMB2.442 billion or -RMB2.65 per share. The reduction in losses indicates a positive shift in performance.

Additionally, VNET Group saw its revenue increase by 18.3%, reaching RMB2.246 billion, compared to RMB1.898 billion in the same quarter of the prior year. This positive revenue growth suggests that the company is taking steps in the right direction despite the net loss.

Future Outlook: Looking forward, VNET Group projects a favorable outlook for the full-year 2025, expecting adjusted EBITDA to range between RMB2.700 to RMB2.760 billion, reflecting a growth of 11 to 14 percent year-over-year. Furthermore, the anticipated revenue for the full year is projected to be between RMB9.100 to RMB9.300 billion, showing a year-over-year growth of 10 to 13 percent. This optimism indicates that VNET Group is positioning itself for better financial health moving forward.

Stocks:  VNET