VNET Group (VNET) Misses Q4 EPS by 2c

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VNET Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

March 30, 2022 4:30 PM EDT

BEIJING, March 30, 2022 /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 its unaudited financial results for the fourth quarter and full year ended December 31, 2021. The Company will hold a conference call at 9:00 PM on March 30, 2022, U.S. Eastern Time (9:00 AM on March 31, 2021, Beijing time) to discuss the financial results. Dial-in details are provided at the end of this release.

Fourth Quarter 2021 Financial Highlights

Net revenues increased by 29.4% to RMB1.75... More