Xunlei

Xunlei Ltd. is a holding company, which provides shared cloud computing and blockchain technology services. It provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient internet experience. The company was founded by Sheng Long Zou and Hao Cheng in December 2002 and is headquartered in Shenzhen, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Xunlei reports Q1 revenue growth driven by subscriptions amid challenges

Xunlei's Q1 2024 performance showed revenue growth in subscriptions but declines in other segments, with a focus on AI technologies for future growth.
While facing challenges in certain revenue streams, the company's strong gross profit margin and operating income reflect operational resilience.
Opportunities lie in leveraging subscription growth, AI technologies, and user base expansion for revenue diversification and market positioning.

Xunlei reports Q2 revenue decline but maintains profitability and cash reserves

Xunlei's Q2 2024 performance reflects mixed results with revenue declines in certain segments but growth in subscriptions.
The company's financial position remains stable with positive net income and significant cash reserves.
Addressing challenges in cloud computing and live streaming businesses while capitalizing on growth opportunities will be key for Xunlei.
Strategic focus on revenue diversification and cost management will be crucial for sustained growth and profitability.

Xunlei reports revenue decline but sees growth in subscription business

Xunlei faced revenue challenges in Q3 2024 but showed strength in subscription and live streaming businesses.
Operational improvements led to increased gross profit, while the company remains focused on innovation and overseas investments.
Despite challenges, Xunlei's strategic initiatives offer opportunities for future growth and market resilience.

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Xunlei Ltd. is a technology company providing distributed cloud services. It provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient internet experience. The company was founded by Sheng Long Zou and Hao Cheng in December 2002 and is headquartered in Shenzhen, China.

SHENZHEN, China, April 26, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the “SEC”) on April 26, 2023. The annual report can be accessed on the Company's investor relations website at http://ir.xunlei.com or the SEC's website at www.sec.gov.

Xunlei Filed Annual Report on Form 20-F for Fiscal Year 2022

Xunlei Limited (NASDAQ:XNET ) Q4 2022 Earnings Conference Call March 16, 2023 8:00 AM ET Company Participants Luhan Tang - IR Manager Jinbo Li - Chairman & CEO Eric Zhou - CFO Conference Call Participants Operator Welcome, ladies and gentlemen, and thank you for your patience. You've joined Xunlei's 2022 Fourth Quarter Earnings Conference Call.

Xunlei Limited (XNET) Q4 2022 Earnings Call Transcript

SHENZHEN, China, March 16, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022.

Xunlei Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2022

SHENZHEN, China, March 10, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022 on March 16, 2023 before market open.

Xunlei Limited Schedules 2022 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 16, 2023

Since my last article, XNET has continued to execute well, increasing both revenues and net income. Moreover, it has enough cash on hand that it currently trades with an appreciable negative enterprise value.

Xunlei Continues To Merit A Strong Buy Rating

SHENZHEN, China, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, announces today that the Company has relocated its office to the new Xunlei plaza at 3709 Baishi Road, Nanshan District, Shenzhen, China. The new headquarters building is located in downtown Nanshan District, home of many well-known technology companies' headquarters.

Xunlei Announces Office Relocation

Xunlei Limited (NASDAQ:XNET ) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET Company Participants Luhan Tang - Investor Relations Manager Jinbo Li - Chairman & Chief Executive Officer Eric Zhou - Chief Financial Officer Conference Call Participants Operator Welcome, ladies and gentlemen, and thank you for your patience. You've joined Xunlei's 2022 Third Quarter Earnings Conference Call.

Xunlei Limited (XNET) Q3 2022 Earnings Call Transcript

SHENZHEN, China, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the third quarter ended September 30, 2022.

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2022

XNET has been growing revenues consistently and recently turned profitable. Despite this, the company trades at a substantial discount to realizable cash.

Xunlei: Recently Profitable And Trading Well Below Cash

Xunlei Limited (NASDAQ:XNET ) Q2 2022 Results Conference Call August 16, 2022 8:00 AM ET Company Participants Luhan Tang - Investor Relations Manager Eric Zhou - Chief Financial Officer Jinbo Li - Chairman & Chief Executive Officer Operator Welcome, ladies and gentlemen, and thank you for your patience. You've joined Xunlei's 2022 Second Quarter Earnings Conference Call.

Xunlei Limited (XNET) CEO Jinbo Li on Q2 2022 Results - Earnings Call Transcript

SHENZHEN, China, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights:

Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2022

SHENZHEN, China, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2022 on August 16, 2022 before market open.

Xunlei Limited Schedules 2022 Unaudited Second Quarter Earnings Release on August 16, 2022

Xunlei Limited (NASDAQ:XNET ) Q1 2022 Earnings Conference Call May 17, 2022 8:00 AM ET Company Participants Jinbo Li - Chairman & Chief Executive Officer Eric Zhou - Chief Financial Officer Conference Call Participants Welcome ladies and gentlemen, and thank you for your patience. You've joined Xunlei's 2022 First Quarter Earnings Conference Call.

Xunlei Limited (XNET) CEO Jinbo Li on Q1 2022 Results - Earnings Call Transcript

SHENZHEN, China, May 17, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2022

SHENZHEN, China, April 29, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the “SEC”) on April 28, 2022. The annual report can be accessed on the Company's investor relations website at  http://ir.xunlei.com  or the SEC's website at  www.sec.gov .

Xunlei Filed Annual Report on Form 20-F for Fiscal Year 2021

SHENZHEN, China, March 31, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the Board of Directors of the Company has approved a plan under which the Company may repurchase up to US$20 million of its shares over the next 12 months. The board will review the share repurchase program periodically and adjust its size and terms as necessary.

Xunlei Announces $20 million Share Buyback Program

Xunlei's (XNET) CEO Jinbo Li on Q4 2021 Results - Earnings Call Transcript

SHENZHEN, China, March 17, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter 2021 Financial Highlights:

Xunlei Announces Unaudited Financial Results For the Fourth Quarter and Fiscal Year Ended December 31, 2021

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SHENZHEN, China, March 08, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021 on March 17, 2022 before market open.

Xunlei Limited Schedules 2021 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 17, 2022

Xunlei Limited (XNET) CEO Jinbo Li on Q3 2021 Results - Earnings Call Transcript

Xunlei Ltd (NASDAQ: XNET) reported third-quarter FY21 revenue growth of 8.8% quarter-on-quarter to $59.8 million. The increase in total revenues was mainly attributable to increased revenues from cloud computing and other IVAS businesses.

Xunlei Shares Gain On Exceeding Q3 Revenue Outlook

SHENZHEN, China, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2021

SHENZHEN, China, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2021 on November 11, 2021 before market open.

News for Xunlei Stock (XNET)