Newsletter: Internet in the first quarter of the century was less than analysts expected

Beijing time May 23 early morning news, Century Interconnection (Nasdaq:vnet) released today as of March 31, the first quarter of fiscal year 2014, unaudited earnings. The report showed that the net revenue for the first quarter of the century interconnection was 586 million yuan (about 94.3 million U.S. dollars), which grew 34.5% from the 435.7 million yuan in the same period last year, with a net loss of 151.4 million yuan (about 24.4 million US dollars) and a net profit of 12 million yuan for the same period last year.

According to Yahoo's financial data, 4 of Wall Street analysts on average expect to have a net income of $0.10 trillion per share of U.S. depository Receipts (ADS) in the first quarter of the century NON-GAAP, according to the US General accounting standards. Financial results showed that the first quarter of the Internet, non-US general accounting standards per share net income of 0.08 U.S. dollars, less than analysts expected.

In addition, 4 Wall Street analysts on average expect the first quarter of the Internet to reach a total revenue of $93.53 million trillion. Financial results showed that the first quarter of the Internet total revenue of 94.3 million U.S. dollars, more than analysts expected.