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21Vianet Group (VNET) Reports Q3 Loss Per Share of RMB0.72

November 24, 2015 4:06 PM

21Vianet Group (NASDAQ: VNET) reported Q3 EPS of (RMB0.72), versus RMB0.54 reported last year. Revenue for the quarter came in at RMB924.1 million, versus RMB778.5 million reported last year.

Financial Outlook

For the fourth quarter of 2015, the Company expects net revenues to be in the range of RMB960 million to RMB1.0 billion, representing approximately 15% year-over-year growth at the mid-point. Adjusted EBITDA is expected to be in the range of RMB100 million to RMB120 million, representing approximately 31% year-over-year decline at the mid-point.

For the full year 2015, the Company now expects net revenues to be in the range of RMB3.61 billion to RMB3.65 billion (revised from prior guidance of RMB3.58 billion to RMB3.68 billion), representing approximately 26% growth over 2014 at the mid-point. Adjusted EBITDA for the full year 2015 is expected to be in the range of RMB538 million to RMB558 million (revised from prior guidance of RMB620 million to RMB660 million), representing approximately 2% decline over 2014 at the mid-point. These forecasts reflect the Company's current and preliminary view, which may be subject to change.

For earnings history and earnings-related data on 21Vianet Group (VNET) click here.

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Earnings Guidance

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