2024-03-28 22:51:35 ET
Summary
- VNET's full-year FY 2023 EBITDA was largely in line with the company's previous financial guidnace.
- Refinancing risk for VNET is limited, but it could be difficult for the company to achieve above-expectations EBITDA this year.
- A Hold rating for VNET Is maintained, after I have evaluated its results, guidance, and debt maturity schedule.
Elevator Pitch
I rate VNET Group, Inc. ( VNET ) shares as a Hold. My prior article written on November 16, 2023 reviewed VNET's results for the third quarter of the previous year....
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VNET: Still A Hold Considering Guidance And Debt Maturity