|Bid||29.99 x 1200|
|Ask||30.45 x 2200|
|Day's Range||28.85 - 30.29|
|52 Week Range||6.31 - 31.50|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||39.15|
|Earnings Date||Nov 24, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.23|
Shareholders will be ecstatic, with their stake up 32% over the past week following 21Vianet Group, Inc.'s...
Thank you, and welcome to 21Vianet Group's Third Quarter 2020 Earnings Conference Call. With us today are Mr. Alvin Wang, Chief Executive Officer and President; Mr. Samuel Shen, Executive Chairman of the Retail IDC Business Group; Ms. Sharon Liu, Chief Financial Officer; and Ms. Rene Jiang, Investor Relations Director of the Company. Before we start, please note that this call may contain forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
Shares of 21Vianet Group (NASDAQ:VNET) rose 12.54% in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share increased 200.00% over the past year to $0.06, which beat the estimate of ($0.03).Revenue of $183,486,000 up by 33.69% year over year, which missed the estimate of $188,300,000.Guidance 21Vianet Sees Q4 Sales RMB1.32B-RMB1.34B, Adj. EBITDA RMB380M-RMB400M21Vianet Sees FY20 Net Sales RMB4.8B-RMB4.82B, Adj. EBITDA RMB1.314B-RMB1.334BHow To Listen To The Conference Call Date: Nov 24, 2020View more earnings on VNETTime: 08:00 PMET Webcast URL: https://edge.media-server.com/mmc/p/2vh878xkRecent Stock Performance Company's 52-week high was at $30.44Company's 52-week low was at $6.31Price action over last quarter: Up 19.15%Company Description 21Vianet Group Inc is a carrier-neutral internet data center services provider in China. It provides managed network services to enable customers to deliver data across the internet in a reliable manner through its data transmission network. It also offers value-added services, such as VPN (virtual private network) services, CDN (content delivery network) services and last-mile wired broadband services to improve the security, speed, and quality of data transmission. The company operates through one segment Hosting and related services. It generates all of its revenue from China.See more from Benzinga * Click here for options trades from Benzinga * 12 Technology Stocks Moving In Tuesday's After-Market Session * Earnings Scheduled For November 24, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.