Vnet Reports Q2 Loss, Higher Revenue; 2025 Sales Outlook Maintained-February 2024-www.financetom.com

Vnet Reports Q2 Loss, Higher Revenue; 2025 Sales Outlook Maintained

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Vnet Reports Q2 Loss, Higher Revenue; 2025 Sales Outlook Maintained

Aug 21, 2025 2:13 AM

04:54 AM EDT, 08/21/2025 (MT Newswires) -- Vnet Group ( VNET ) reported a Q2 loss Thursday of 0.06 Chinese renminbi ($0.01) per diluted American depositary share, swinging from earnings of 0.24 renminbi a year earlier.

Two analysts polled by FactSet expected a loss of 0.06 renminbi.

Net revenue for the quarter ended June 30 was 2.43 billion renminbi, compared with 1.99 billion renminbi a year earlier.

Three analysts surveyed by FactSet expected 2.3 billion renminbi.

The company maintained its 2025 revenue guidance of 9.15 billion renminbi to 9.35 billion renminbi. Analysts surveyed by FactSet expect 9.36 billion renminbi.

VNET ( VNET ) shares were down 3.5% in recent premarket activity.

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