VNET Group (VNET) Tops Q1 EPS by 80c; maintains guidance

VNET Group (NASDAQ: VNET) reported Q1 EPS of RMB0.42, RMB0.80 better than the analyst estimate of (RMB0.38). Revenue for the quarter came in at RMB1.81 billion versus the consensus estimate of RMB2.04 billion.

GUIDANCE:

VNET Group sees FY2023 revenue of RMB7.6-7.9 billion.

For earnings history and earnings-related data on VNET Group (VNET) click here.

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