VNET Group Inc. (NASDAQ:VNET) is one of them 10 Stocks Investors Watch
VNET Group rose 14.71 percent on Tuesday to end at $11.23 a share, as investors filled portfolios ahead of the release of its earnings performance for the fourth quarter and full year 2025.
According to the company, it will announce its financial and operational details before the market opens on Monday, March 16. A conference call will be held for details on the results.
Data center server racks. Photo by Brett Sills on Pixels
For the full-year period, VNET Group Inc. ( NASDAQ:VNET ) is expected to grow 16 to 19 percent in total revenue to 9.55 billion yuan to 9.867 billion yuan.
Non-GAAP adjusted EBITDA is also targeted at 2.91 billion yuan to 2.945 billion yuan, or a compound growth of 20 to 21 percent year-on-year.
In recent news, VNET Group Inc. (NASDAQ:VNET) successfully raised $138 million in fresh funds from a private placement of 81 million newly issued Class A shares. Proceeds from the offering are allocated for general corporate purposes, including working capital, capital expenditures, and potential strategic transactions, among others.
Also last month, the company named Peter Zhihua Zhang as its new senior vice president for operational finance. He will be responsible for the company’s financial operations and has the authority to review and approve financial statements and related filings for compliance purposes with the Securities and Exchange Commission and the Nasdaq Exchange.
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Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.
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