VNET Group Inc ADR

VNET: XNAS (USA)
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VNET Earnings: AI Driving Data Center Demand; Fair Value Estimate up 14% to USD 5.70

VNET reported a strong second-quarter result with revenue growth of 22% and adjusted EBITDA growth of 28%. In June, management lifted its full-year guidance by 0.5% on revenue; 2.5% to revenue growth of 10%-13%, and adjusted EBITDA growth of 15%-18%.

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