Canada markets closed

21Vianet Group, Inc. (VNET)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
24.35-1.35 (-5.25%)
At close: 4:00PM EDT

24.40 +0.05 (0.21%)
After hours: 5:37PM EDT

Sign in to post a message.
  • j
    josh
    March 24, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that it has entered into a share purchase agreement with Tuspark Innovation Venture Limited (“Tuspark”), pursuant to which 21Vianet will purchase from Tuspark 48,634,493 Class B ordinary shares of the Company for an aggregate purchase price of approximately US$260 million. The repurchase price will be at US$5.346 per ordinary share, or US$32.076 per American depository share (“ADS”), which is the product of (i) the daily volume weighted average price of the ADSs for the consecutive thirty (30) trading days ended on March 22, 2021, multiplied by (ii) 88%.
  • j
    josh
    VNET Fourth Quarter 2020 Financial Highlights

    Net revenues increased by 28.6% to RMB1.35 billion (US$206.6 million) from RMB1.05 billion in the same period of 2019.

    Adjusted cash gross profit (non-GAAP) increased by 36.6% to RMB581.9 million (US$89.2 million) from RMB425.9 million in the same period of 2019. Adjusted cash gross margin (non-GAAP) was 43.2%, compared to 40.6% in the same period of 2019.

    Adjusted EBITDA (non-GAAP) increased by 47.7% to RMB389.8 million (US$59.7 million) from RMB263.8 million in the same period of 2019. Adjusted EBITDA margin (non-GAAP) was 28.9%, compared to 25.2% in the same period of 2019.
  • j
    josh
    3/8/21
    Jefferies Raises Price 21Vianet Group, Inc. (VNET) $44.60 -> $54.51
  • C
    China Investor
    VNET is a solid company. Will the stock go higher?
    加入微信讨论群:To join the Chinese Investor Group, please add WeChat ID: ChinaInvestorGroup
  • j
    josh
    4/9/21
    Jefferies Raises Price 21Vianet Group, Inc. (VNET) $54.82 -> $54.99
  • k
    kian
    Hello borat
  • j
    josh
    VNET is a viable Chinese Company

    Microsoft and 21Vianet have agreed to extend their partnership to provide world-class public cloud services to Chinese customers. Combining Microsoft’s global technological leadership and 21Vianet’s local operations expertise, Microsoft Azure and Office 365 operated by 21Vianet have achieved unprecedented, robust three-digit growth for nearly four consecutive years in China. This breakthrough cooperation model pioneered by Microsoft and 21Vianet has been recognized as an effective and successful method for a legal and compliant operation of international cloud services in China.

    Announced in 2013 and officially launched in March 2014, Microsoft was the first international public cloud provider to bring its cloud technology to China in partnership with 21Vianet. Customers and partners range from established Chinese brands such as Haier, Lenovo, and Huawei to emerging powerhouses such as smartphone manufacturer Xiaomi, bike-share company Mobike, automobile manufacturer BYD, world-leading sporting goods company Amer Sports and Arcplus Data & Innovation Technology, an integrated solutions provider for construction engineering industry.

    Office 365 operated by 21Vianet was launched in China in April 2014 and now ranks # 1 in China’s SaaS market. Huawei, Tencent, and Pactera currently use Office 365 operated by 21Vianet to empower their employees and optimize their daily business operations.
  • j
    josh
    “We concluded a fruitful 2018 with a solid fourth quarter performance,” commented Mr. Alvin Wang, Chief Executive Officer and President of the Company. “Our resilient financial growth and improving operating performance once again demonstrated the effectiveness of our business operation optimization and our ability to capitalize on the increasing market demand for high-quality data hosting, hybrid IT, and cloud services. To sustain our strong growth momentum, we actively acquired new land resources and new customers while expanding our footprint to new Tier-1 markets and beyond. In addition, we continued to deepen our strategic partnerships with world-class technology companies such as Red Hat Inc. to explore more solutions that can empower our customers’ business expansions. Looking ahead to 2019 and beyond, we are confident that the counter-cyclical nature of our business as well as our leadership in the Chinese IDC market will facilitate our pursuit of long-term sustainable growth.”
    Ms. Sharon Liu, Chief Financial Officer of the Company, commented, “We delivered a strong quarter with healthy top- and bottom-line growth. In the fourth quarter of 2018, we had net revenues of RMB901.9 million, again exceeding the high end of our previous guidance range. More importantly, our adjusted EBITDA margin further increased to 28.3%, maintaining its consistent improvement over the previous quarters. In 2018, we improved adjusted EBITDA margin significantly to 27.0% from 22.5% in the previous year. In 2019, we are confident that as we continue to execute on our growth strategies and fortify our market leading position, we will yield long-term value for our shareholders.”
  • j
    josh
    21Vianet Group (VNET) on Tuesday reported Q3 diluted EPS of RMB0.08 ($0.01), swinging from a loss of RMB0.10 a year ago.

    Revenue increased to RMB1.25 billion from RMB981 million.

    The company expects revenue of RMB1.32 billion to RMB1.34 billion for Q4 and RMB4.80 billion to RMB4.82 billion for full-year 2020.
  • j
    josh
    21Vianet Group (VNET) said Wednesday that it plans to offer $525 million of convertible senior notes due 2026, subject to market conditions and other factors.

    The company will grant the initial purchasers a 13-day option to purchase up to an additional $75 million of the notes. Net proceeds from the offering will be used for expanding data center infrastructure, repaying the company's outstanding senior notes due 2021 and other general corporate purposes.

    The notes will be convertible into cash, the company's American depositary shares, each currently representing six class A ordinary shares of the company, or a combination of cash and ADSs.
  • j
    josh
    Fourth Quarter 2017 Financial Highlights 3/12/18
    Net revenues for hosting and related services increased by 8.9% year over year to RMB765.8 million (US$117.7 million).Gross profit increased by 9.2% year over year to RMB200.2 million (US$30.8 million). Gross margin expanded to 26.1% from 20.4% in the same period in 2016. Adjusted EBITDA increased by 228.9% year over year to RMB171.0 million (US$26.3 million). Adjusted EBITDA margin expanded to 22.3% from 5.8% in the same period of 2016.
    Mr. Steve Zhang, Co-Chief Executive Officer of the Company, stated, “2017 was an exciting and milestone year for 21Vianet. We completed the restructuring of the Company by optimizing and then ultimately divesting our loss-generating managed network services (MNS) business, which allows us to fully focus our resources on our core hosting and related services business. During the past quarter, we further expanded our client base, including new relationships with Meitu, Douyu, and 99Bill, while many of our large clients, such as Xiaomi, Momo, Huawei and Lianjia, continued to expand their capacity at our IDC centers. As China’s internet companies migrate from public cloud to the hybrid cloud, their demand for customized cloud solutions rose continuously throughout 2017. To satisfy our customers’ specific requirements, we have proactively expanded our service offerings with more customized solutions. We are confident that our carrier- and cloud-neutral solutions coupled with customization will enable us to capitalize on rising demand and solidify our leadership position in this blooming Chinese market.”

    Ms. Sharon Liu, Chief Financial Officer of the Company, commented, “We are pleased to once again deliver better-than-expected financial and operating results in the fourth quarter. Our revenue from the core hosting and related services business increased by 8.9% to RMB765.8 million and our Adjusted EBIDTA increased by 228.9% to RMB171.0 million, both of which exceeded the upper end of our guidance. Furthermore, in December of last year, we successfully completed the divestiture of the remaining equity stake in Sichuan Aipu Network Co. Ltd (“Aipu”), as well as the elimination of the Aipu put option. As we move toward a leaner business model with an improved cost structure, we expect our financial and operating metrics to show continued improvement going forward.”
  • j
    josh
    21Vianet Group Narrows Q2 Loss, Revenue Climbs 11% as FY Outlook Lifted
    4:47 PM ET, 08/16/2018 - MT Newswires

    04:47 PM EDT, 08/16/2018 (MT Newswires) -- 21Vianet Group (VNET) reported Q2 loss of RMB0.84 ($0.12) per American depositary share, from a loss of RMB1.08 in the same period of a year earlier. Per share, the loss was $0.02. The consensus on Capital IQ was for a normalized loss of a penny a share.

    Revenue rose 11.4% to RMB828.3 million ($125.2 million).

    21Vianet said it sees Q3 net revenue between RMB840 million to RMB 860 million. For the full year, the firm sees revenue of RMB3.28 billion to RMB3.38 billion. In March, the company projected FY revenue of RMB3.25 billion to RMB3.35 billion.
  • j
    josh
    VNET Numbers
    For Q4, the data center service company expects revenue of RMB1.03 ($150 million) to RMB1.05 billion and adjusted Ebitda of RMB245 to RMB265 million. The Street view is $147.51 million.
    For the full-year of 2019, it expects revenue of RMB3.71 ($530 million) to RMB3.79 billion and adjusted Ebitda of RMB1.03 to RMB1.05 billion. The analyst consensus is $533.19 million in revenue.
  • j
    josh
    11/21/18
    Morgan Stanley Raises Price Target 21Vianet Group, Inc. (VNET) $15.00 ->$17.00
  • j
    josh
    VNET Earnings out AH
  • j
    josh
    * 21VIANET GROUP, INC. REPORTS UNAUDITED SECOND QUARTER 2019 FINANCIAL RESULTS
    * SEES FY 2019 REVENUE RMB 3.76 BILLION TO RMB 3.86 BILLION
    * SEES Q3 2019 REVENUE RMB 950 MILLION TO RMB 980 MILLION
    * Q2 REVENUE ROSE 7.2 PERCENT TO RMB 888 MILLION
    * Q2 LOSS PER SHARE $0.02
    * ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF RMB1,000 MILLION TO RMB1,100 MILLION FOR FY
    * QTRLY LOSS PER ADS $0.12
    * IN AUGUST SIGNED A NON-BINDING MOU WITH A MAJOR PUBLIC CLOUD SERVICE PROVIDER IN CHINA TO PROVIDE A NUMBER OF CABINETS
    * RECENTLY REACHED AN AGREEMENT WITH WARBURG PINCUS TO RESTRUCTURE EXISTING PARTNERSHIP
    * AFTER DISTRIBUTION, WILL GAIN 100% OWNERSHIP OF A PROJECT UNDER DEVELOPMENT IN SHANGHAI WAIGAOQIAO FREE TRADE ZONE & CASH
  • j
    josh
    BEIJING (AP) _ 21Vianet Group Inc. (VNET) on Thursday reported a loss of $14.2 million in its second quarter.

    On a per-share basis, the Beijing-based company said it had a loss of 12 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.

    The provider of carrier-neutral internet data center services posted revenue of $125.2 million in the period.

    For the current quarter ending in October, 21Vianet said it expects revenue in the range of $131.8 million to $134.9 million.

    The company expects full-year revenue in the range of $514.6 million to $530.3 million.

    21Vianet shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.45, more than doubling in the last 12 months.
  • I
    Inspirius
    I think this skyrockets tomorrow. Adjust to exclude impairments, loss is less than expected both on quarterly and full year basis. Profit projected to increase 20% year over year. Revenue for hosting up 9%. AH selling isn't even a real dip. Total shares sold less than 20K, probably being sold by scared newbies who don't quite know what they have.
  • j
    josh
    BRIEF-21Vianet Group Reports Qtrly Loss Per Share Of RMB0.04
    5:28 PM ET, 11/20/2018 - Reuters

    Nov 20 (Reuters) - 21Vianet Group Inc:

    * 21VIANET GROUP INC REPORTS UNAUDITED THIRD QUARTER 2018 FINANCIAL RESULTS

    * SEES FY 2018 REVENUE RMB 3.37 BILLION TO RMB 3.39 BILLION

    * SEES Q4 2018 REVENUE RMB 870 MILLION TO RMB 890 MILLION

    * Q3 REVENUE RMB 870.1 MILLION VERSUS RMB 759.3 MILLION

    * RAISING FULL YEAR 2018 ADJUSTED EBITDA GUIDANCE

    * UTILIZATION RATE IN Q3 OF 2018 REMAINED STABLE AT 71.1 PCT COMPARED TO Q2

    * QTRLY LOSS PER SHARE RMB0.04

    * SEES Q4 ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF RMB245 MILLION TO RMB265 MILLION
  • j
    josh
    21VIANET GROUP, INC. REPORTS UNAUDITED THIRD QUARTER 2020 FINANCIAL RESULTS

    * SEES Q4 2020 REVENUE RMB 1.32 BILLION TO RMB 1.34 BILLION

    * SEES FY 2020 REVENUE RMB 4.8 BILLION TO RMB 4.82 BILLION

    * Q3 REVENUE RMB 1.25 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 1.24 BILLION

    * QTRLY EARNINGS PER SHARE RMB 0.08

    * QTRLY PROFIT PER ADS RMB 0.48