Xunlei Limited - American Depositary Receipts (XNET) News

Xunlei Limited - American Depositary Receipts (XNET): $1.96

0.15 (-7.11%)

POWR Rating

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Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: China

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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 Limited (NASDAQ:XNET) Q3 2023 Earnings Call Transcript

Xunlei Limited (NASDAQ:XNET) Q3 2023 Earnings Call Transcript November 14, 2023 Operator: Welcome, ladies and gentlemen, and thank you for your patience. You joined Xunlei’s 2023 Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today’s conference is being recorded. I would now like to […]

Yahoo | November 15, 2023

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2023

SHENZHEN, China, Nov. 14, 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 third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights: 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 rev

Yahoo | November 14, 2023

Xunlei Limited Schedules 2023 Unaudited Third Quarter Earnings Release on November 14, 2023

SHENZHEN, China, Nov. 07, 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 third quarter ended September 30, 2023 on November 14, 2023 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management

Yahoo | November 7, 2023

Returns Are Gaining Momentum At Xunlei (NASDAQ:XNET)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Yahoo | September 19, 2023

Xunlei Announces Changes of Board of Directors

SHENZHEN, China, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced the resignation of Mr. Sean Shenglong Zou and Mr. Hui Duan as directors of the Company for personal reasons from August 31, 2023. Mr. Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated “On behalf of the board of directors and the management of the Company, I wish to express my appreciation of

Yahoo | September 1, 2023

While private equity firms own 39% of Xunlei Limited (NASDAQ:XNET), individual investors are its largest shareholders with 45% ownership

Key Insights Significant control over Xunlei by individual investors implies that the general public has more power to...

Yahoo | August 23, 2023

Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2023

SHENZHEN, China, Aug. 15, 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 second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights: Total revenues were US$104.3 million, an increase of 33.3% year-over-year. Cloud computing revenues were US$30.7 million, an increase of 8.2% year-over-year. Subscription rev

Yahoo | August 15, 2023

Xunlei Limited Schedules 2023 Unaudited Second Quarter Earnings Release on August 15, 2023

SHENZHEN, China, Aug. 08, 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 second quarter ended June 30, 2023 on August 15, 2023 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management will h

Yahoo | August 8, 2023

Xunlei Updates Second Quarter Revenue Guidance

SHENZHEN, China, June 13, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced an update to its revenue guidance for the second quarter of 2023 after fully assessing the impact of the downsizing of the Company’s domestic live streaming business, which was previously announced by the Company on May 22, 2023. Based on information available as of the date of this press re

Yahoo | June 13, 2023

Xunlei Announces $20 million Share Repurchase Program

SHENZHEN, China, June 06, 2023 (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 (the “Board”) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its shares over the next 12 months (the “2023 Share Repurchase Program”). The Board will review the 2023 Share Repurchase Program

Yahoo | June 6, 2023


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