VNET Group, Inc. (VNET)

NASDAQ: VNET · IEX Real-Time Price · USD
2.320
+0.270 (13.17%)
Jun 24, 2024, 4:00 PM EDT - Market closed
13.17%
Market Cap 585.26M
Revenue (ttm) 1.04B
Net Income (ttm) -404.60M
Shares Out 252.27M
EPS (ttm) -2.55
PE Ratio n/a
Forward PE 2,000.00
Dividend n/a
Ex-Dividend Date n/a
Volume 1,427,161
Open 2.030
Previous Close 2.050
Day's Range 2.030 - 2.400
52-Week Range 1.390 - 3.880
Beta -0.33
Analysts Strong Buy
Price Target n/a
Earnings Date May 29, 2024

About VNET

VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data bac... [Read more]

Sector Technology
IPO Date Apr 21, 2011
Employees 3,038
Stock Exchange NASDAQ
Ticker Symbol VNET
Full Company Profile

Financial Performance

In 2023, VNET Group's revenue was 7.41 billion, an increase of 4.92% compared to the previous year's 7.07 billion. Losses were -2.64 billion, 240.7% more than in 2022.

Financial numbers in CNY Financial Statements

News

VNET Reports Unaudited First Quarter 2024 Financial Results

BEIJING , May 29, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced ...

26 days ago - PRNewsWire

VNET to Announce Unaudited First Quarter 2024 Financial Results on May 29, 2024

BEIJING , May 22, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced ...

4 weeks ago - PRNewsWire

VNET Publishes 2023 Environment, Social and Governance Report

BEIJING , April 26, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...

2 months ago - PRNewsWire

VNET Files Its Annual Report on Form 20-F for Fiscal Year 2023

BEIJING, April 26, 2024 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"),‎ a leading carrier- and cloud-neutral Internet data center services provider in China, today announce...

2 months ago - PRNewsWire

VNET Announces Changes to Leadership Team

BEIJING , April 22, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...

2 months ago - PRNewsWire

VNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

BEIJING , March 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...

3 months ago - PRNewsWire

VNET to Announce Unaudited Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024

BEIJING , March 14, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...

3 months ago - PRNewsWire

VNET LAWSUIT ALERT: Levi & Korsinsky Notifies VNET Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

Levi & Korsinsky Notifies Shareholders of VNET Group, Inc.(VNET) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

Shareholders that lost money on VNET Group, Inc. (VNET) should contact Levi & Korsinsky about pending Class Action - VNET

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

Class Action Filed Against VNET Group, Inc. (VNET) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

VNET DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages VNET Group, Inc. Investors to Secure Counsel Before Important February 26 Deadline in Securities Class Action – VNET

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February 15, 2023, both...

4 months ago - Business Wire

Levi & Korsinsky Reminds VNET Group, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 26, 2024 - VNET

NEW YORK, NY / ACCESSWIRE / February 24, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

VNET DEADLINE NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages VNET Group, Inc. Investors with Losses to Secure Counsel Before Important February 26 Deadline in Securities Class Action - VNET

NEW YORK , Feb. 24, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February...

4 months ago - PRNewsWire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 26, 2024 in VNET Lawsuit - VNET

NEW YORK, NY / ACCESSWIRE / February 23, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VNET Group, Inc. (VNET)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 26, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

4 months ago - Business Wire

Contact Levi & Korsinsky by February 26, 2024 Deadline to Join Class Action Against VNET Group, Inc. (VNET)

NEW YORK, NY / ACCESSWIRE / February 23, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

MONDAY DEADLINE: Berger Montague Advises VNET Group, Inc. (NASDAQ: VNET) Investors to Inquire About a Securities Fraud Class Action by February 26, 2024

PHILADELPHIA , Feb. 23, 2024 /PRNewswire/ -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against VNET Group, Inc. ("VNET") (NASDAQ: VNET) on behalf of...

4 months ago - PRNewsWire

VNET Group, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - VNET

NEW YORK, NY / ACCESSWIRE / February 22, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

Lost Money on VNET Group, Inc. (VNET)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 22, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

Levi & Korsinsky Notifies VNET Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - VNET

NEW YORK, NY / ACCESSWIRE / February 21, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

VNET INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In VNET To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in VNET stock or options between April 8, 2022 and February 15, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh W...

4 months ago - PRNewsWire

VNET Investors Have Opportunity to Lead VNET Group, Inc. Securities Fraud Lawsuit

BENSALEM, Pa. , Feb. 21, 2024 /PRNewswire/ -- Law Offices of Howard G.

4 months ago - PRNewsWire

Lost Money on VNET Group, Inc.(VNET)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 21, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire

February 26, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against VNET

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws,...

4 months ago - Accesswire