VNET Reports Unaudited Third Quarter 2024 Financial Results [Yahoo! Finance]
VNET Group, Inc. - American Depositary Shares (VNET)
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm
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Source: Yahoo! Finance
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. "Our wholesale IDC business maintained its strong growth momentum as we capitalized on rising AI-driven demand. We also continued attracting high-quality customers during the third quarter, with six new order wins totaling 84MW. Notably, we won a new wholesale order from an Internet customer for 32MW at our Huailai IDC Campus, one of our green computing clusters in Hebei province. Moving forward, we will continue to develop our high-performance data centers and green business, providing reliable, premium IDC services to meet market demand. Propelling VNET's high-quality, sustainable development remains our priority as we strive to deliver value to all of our stakeholders
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VNET
News
- While institutions own 32% of VNET Group, Inc. (NASDAQ:VNET), public companies are its largest shareholders with 41% ownership [Yahoo! Finance]Yahoo! Finance
- VNET Earns Industry-Leading ESG Ratings from MSCI and S&P Global for Three Consecutive YearsPR Newswire
- Netography® Adds AI-Powered Ransomware Detection to Fusion Platform for Real-Time Awareness of Malicious Activity in Multi-Cloud and Hybrid Networks [Yahoo! Finance]Yahoo! Finance
- Netography® Adds AI-Powered Ransomware Detection to Fusion Platform for Real-Time Awareness of Malicious Activity in Multi-Cloud and Hybrid NetworksBusiness Wire
- VNET Group, Inc. (NASDAQ: VNET) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating. They now have a $5.00 price target on the stock, up previously from $3.10.MarketBeat
VNET
Earnings
- 11/20/24 - Beat
VNET
Sec Filings
- 11/20/24 - Form 6-K
- 11/14/24 - Form S-8
- 11/12/24 - Form SC
- VNET's page on the SEC website