Beijing-based 21Vianet Group Inc., which offers carrier-neutral Internet data center services, said Monday that it posted a third-quarter net income, reversing a loss, as net revenue more than doubled on a surge in demand from businesses.
Net income in the three months to Sept. 30 came to 81.5 million renminbi ($12.8 million), or 22 cents per American Depositary Share. In the same period a year ago, it lost 38.1 million renminbi, or $3.18 per ADS.
Revenue rose 115 percent to 261.6 million renminbi from 121.8 million renminbi.
The company said it expects fourth-quarter net revenue of $45.8 million to $46.7 million and full-year revenue of $155.8 million to $156.8 million.
Shares rose 73 cents, or 7.9 percent, to $10 in after-hours trading, after closing up 67 cents, or 7.8 percent, at $9.27.