VNET Raises Full Year 2025 Revenue and Adjusted EBITDA Guidance
1. VNET raised 2025 revenue and EBITDA guidance based on strong Q1 performance. 2. Expected total revenues for 2025 are RMB9,150M to RMB9,350M, 11%-13% growth. 3. Adjusted EBITDA guidance increased to RMB2,760M to RMB2,820M, reflecting 14%-16% growth. 4. Robust growth driven by increased wholesale IDC client move-ins and operational efficiency. 5. The company operates extensively across China, serving a diverse client base.