Recap: VNET Gr Q3 Earnings

VNET Gr VNET reported its Q3 earnings results on Wednesday, November 15, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

VNET Gr beat estimated earnings by 14.29%, reporting an EPS of $-0.06 versus an estimate of $-0.07.

Revenue was up $3.59 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 1.83% drop in the share price the next day.

Here's a look at VNET Gr's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.05 -0.09 -0.45 -0.08
EPS Actual -0.24 0.06 -0.06 -0.42
Revenue Estimate 258.61M 255.69M 284.23M 256.07M
Revenue Actual 251.23M 262.94M 272.67M 255.04M

To track all earnings releases for VNET Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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