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21Vianet: 2Q Earnings Snapshot

BEIJING (AP) _ 21Vianet Group Inc. (VNET) on Thursday reported a loss of $14.2 million in its second quarter.

On a per-share basis, the Beijing-based company said it had a loss of 12 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.

The provider of carrier-neutral internet data center services posted revenue of $125.2 million in the period.

For the current quarter ending in October, 21Vianet said it expects revenue in the range of $131.8 million to $134.9 million.

The company expects full-year revenue in the range of $514.6 million to $530.3 million.

21Vianet shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.45, more than doubling in the last 12 months.


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