21Vianet Group, Inc. Reports First Quarter 2015 Unaudited Financial Results

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21Vianet Group (VNET) Misses Q1 Views

May 26, 2015 4:09 PM EDT

21Vianet Group (NASDAQ: VNET) reported Q1 EPS of RMB0.12 (US$0.02) per ADS, which may note compare to the analyst estimate of RMB0.21. Revenue for the quarter came rose 46.8% to RMB860.1 million (US$138.7 million) versus the consensus estimate of RMB899.44 million.

Financial Outlook

For the second quarter of 2015, the Company expects net revenues to be in the range of RMB886 million to RMB922 million, representing approximately 37% growth year-over-year at the mid-point. Adjusted EBITDA is expected to be in the range of RMB152 million to RMB172 million, representing approximately 23% growth... More