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Challenges Abound: VNET Gr Disappoints with Missed EPS and Revenue Figures in Q4 2023

by Ron Finklestien

Published On: March 27, 2024 10:39 pm

VNET stock - VNET Stock Earnings: VNET Gr Misses EPS, Misses Revenue for Q4 2023

Source: iQoncept / Shutterstock

VNET Gr (NASDAQ:VNET) recently unveiled its performance for the final quarter of 2023.

VNET Gr’s earnings per share stumbled to -48 cents, falling short of the projected -18 cents put forth by analysts.
The company posted revenue figures of $267.40 million, a 4.17% underperformance compared to the anticipated $279.03 million estimated by analysts.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/vnet-stock-earnings-vnet-gr-for-q4-of-2023/.