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Xunlei Ltd - XNET STOCK NEWS

Welcome to our dedicated news page for Xunlei (Ticker: XNET), a resource for investors and traders seeking the latest updates and insights on Xunlei.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Xunlei's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Xunlei's position in the market.

Rhea-AI Summary
Xunlei , a technology company offering distributed cloud services in China, filed its annual report on Form 20-F for the fiscal year 2023 with the SEC. The report is accessible on the company's investor relations website and the SEC's website.
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Xunlei Limited (XNET) reported its unaudited financial results for Q4 and full year 2023. Despite a 20.4% decrease in total revenues for Q4, subscription revenues saw a 26.8% increase. The company closed 2023 with a solid performance, achieving profitability for the third consecutive year. However, net income declined from the previous year. Xunlei aims for business development breakthroughs in 2024.
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Xunlei Limited (XNET) plans to release unaudited financial results for Q4 and fiscal year 2023 on March 14, 2024. A conference call will be held to discuss results and recent business developments.
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Xunlei Limited (XNET) Announces Third Quarter 2023 Financial Results: Total revenues were US$84.2 million, a decrease of 4.6% year-over-year. Cloud computing revenues were US$29.5 million, an increase of 1.4% year-over-year. Subscription revenues were US$28.7 million, an increase of 15.2% year-over-year. Live streaming and other IVAS revenues were US$26.0 million, a decrease of 24.1% year-over-year. Gross profit was US$37.5 million, an increase of 6.6% year-over-year. Net income was US$4.4 million in the third quarter of 2023, compared with US$8.3 million in the same period of 2022.
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Xunlei Limited (NASDAQ: XNET) will release its unaudited financial results for Q3 2023 on November 14, 2023, before market open. The management will host a conference call to discuss the results and recent business developments at 8:00 a.m. U.S. Eastern Time on the same day.
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Xunlei announces resignation of directors for personal reasons
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24.44%
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Xunlei Ltd

Nasdaq:XNET

XNET Rankings

XNET Stock Data

97.19M
164.00M
17.79%
5.15%
0.03%
Software Publishers
Information
Link
China (Mainland)
Shenzhen

About XNET

xunlei limited (“xunlei”) is the no. 1 acceleration product provider in china as measured by market share in december 2014, according to iresearch. xunlei operates a powerful internet platform in china based on cloud computing to provide users with quick and easy access to digital media content through its core products and services, xunlei accelerator and the cloud acceleration subscription services. xunlei is increasingly extending into mobile devices in part through potentially pre-installed acceleration products in mobile phones and to living rooms through tv coverage. benefitting from the large user base accumulated by xunlei accelerator, xunlei has further developed various value-added services, including xunlei kankan, online game and pay per view, to meet a fuller spectrum of its users' digital media content access and consumption needs. 深圳市迅雷网络技术有限公司,“全球互联网数据传输第一大港”、“拥有法拉利引擎的云下载服务”——尽管迅雷已经成为了“下载”的代名词,但是今天,作为中国最大的数字内容发行网络,迅雷正在加速丰富着中国网民的互联网应用。 成立于2003年的迅雷,在创立之初就致力于为全球互联网提供最好的