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, May  14, 2020  (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, 2020.

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2020

SHENZHEN, China, April  29, 2020  (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 has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission, or the SEC. 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 the Fiscal Year 2019

SHENZHEN, China, April  02, 2020  (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 had appointed Mr. Jinbo Li, Mr. Hui Duan, Mr. Peng Shi and Mr. Weimin Luo as members of the board of directors of the Company, and Mr. Chuan Wang, Mr. Feng Hong, Mr. Tao Zou and Mr. Qin Liu had resigned from the board, effective today. The Company’s board of directors also elected Mr. Jinbo Li as the chairman of the board and appointed Mr. Jinbo Li as the chief executive officer of the Company, replacing Mr. Lei Chen who remains a member of the board.

Xunlei Announces Changes in Board of Directors and Management

Xunlei Limited (XNET) CEO Lei Chen on Q4 2019 Results - Earnings Call Transcript

Xunlei Limited (XNET) CEO Lei Chen on Q3 2019 Results - Earnings Call Transcript

The Chinese tech company reported earnings and a writedown of an equity investment.

Why Xunlei Stock Got Crushed Today

China's president had some positive things to say about blockchain technology.

Why Shares of Xunlei Are Soaring Today

Xunlei had a great quarter, with revenue increasing 15.7% sequentially.

Xunlei: Too Cheap To Ignore

Xunlei Limited (XNET) CEO Lei Chen on Q2 2019 Results - Earnings Call Transcript

Xunlei Limited (NASDAQ: XNET) reported second-quarter diluted loss per ADS was 3 cents compared with a diluted loss of 13 cents in the previous quarter.

Xunlei Shares Higher On Q2 Earnings

Xunlei Limited (XNET) CEO Lei Chen on Q1 2019 Results - Earnings Call Transcript

Xunlei's cloud business is evaporating, and it's not clear what's next for the company.

News for Xunlei Stock (XNET)