Xunlei Limited - American Depositary Receipts (XNET) News
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Latest XNET News From Around the Web
Below are the latest news stories about XUNLEI LTD that investors may wish to consider to help them evaluate XNET as an investment opportunity.
Xunlei Announces Change of DepositarySHENZHEN, China, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has appointed JPMorgan Chase Bank, N.A. (“J.P. Morgan”) as the successor depositary for the Company’s American Depositary Receipt (the “ADR”) program, effective from December 31, 2024. The Company has also entered into an amended and restated deposit agreement with J.P. Morgan to replace t |
3 US Penny Stocks With Market Caps Under $400M To ConsiderAs the United States market experiences a late-year slump, with major indices like the Dow Jones and S&P 500 turning lower, investors are increasingly looking for opportunities outside of large-cap stocks. Penny stocks, despite their somewhat outdated name, remain an area of interest for those seeking smaller or newer companies that may offer unique value propositions. This article will explore three penny stocks that stand out due to their financial strength and potential for long-term... |
With EPS Growth And More, Xunlei (NASDAQ:XNET) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks... |
November 2024's Top Picks: Penny Stocks On US ExchangesAs November 2024 comes to a close, the U.S. stock market has been making headlines with the S&P 500 and Dow Jones Industrial Average reaching record highs and posting their largest monthly gains of the year. Amidst this robust market performance, investors are increasingly exploring diverse opportunities, including those offered by penny stocks. While often considered a throwback to earlier trading days, penny stocks represent smaller or newer companies that can offer significant potential... |
Xunlei Third Quarter 2024 Earnings: EPS: US$0.072 (vs US$0.067 in 3Q 2023)Xunlei ( NASDAQ:XNET ) Third Quarter 2024 Results Key Financial Results Revenue: US$79.8m (down 4.9% from 3Q 2023). Net... |
Xunlei Ltd (XNET) Q3 2024 Earnings Call Highlights: Navigating Revenue Challenges with ...Xunlei Ltd (XNET) reports a 15.6% increase in subscription revenue amidst overall revenue decline, maintaining profitability and strong cash reserves. |
Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2024SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third quarter 2024 Financial Highlights: Total revenues were US$80.1 million, representing a decrease of 4.9% year-over-year. Cloud computing revenues were US$25.3 million, representing a decrease of 14.4% year-over-ye |
Xunlei Announces Changes of Board of DirectorsSHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that Mr. Ya Li has resigned from his role as the Company’s independent director for personal reasons, effective as of November 14, 2024. Followed by his resignation, the Board has appointed Mr. He Huang as an independent director of the Company effective as of November 14, 2024. Mr. Huang will als |
Xunlei Limited Schedules 2024 Unaudited Third Quarter Earnings Release on Nov 14, 2024SHENZHEN, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2024 before market opens on Thursday, Nov 14, 2024. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management |
Allied Gaming & Entertainment And 2 Other US Penny Stocks To WatchAs the U.S. markets face a downturn with major indexes like the Dow Jones and Nasdaq experiencing significant losses, investors are reevaluating their strategies amid rising Treasury yields and fluctuating earnings reports. In such volatile times, identifying stocks with solid financial foundations becomes crucial for those looking to navigate uncertain waters. Penny stocks, though an older term, continue to represent smaller or emerging companies that can offer unique opportunities when... |