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21Vianet: 2Q Earnings Snapshot

August 19, 2019

BEIJING (AP) _ 21Vianet Group Inc. (VNET) on Monday reported a loss of $14.9 million in its second quarter.

The Beijing-based company said it had a loss of 12 cents per share.

The provider of carrier-neutral internet data center services posted revenue of $129.4 million in the period.

For the current quarter ending in October, 21Vianet said it expects revenue in the range of $139.3 million to $143.7 million.

The company expects full-year revenue in the range of $551.2 million to $565.9 million.

21Vianet shares have decreased 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.02, a decline of 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VNET at https://www.zacks.com/ap/VNET

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