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 Limited (NASDAQ:XNET) Q3 2023 Earnings Call TranscriptXunlei 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 […] |
Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2023SHENZHEN, 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 |
Xunlei Limited Schedules 2023 Unaudited Third Quarter Earnings Release on November 14, 2023SHENZHEN, 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 |
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... |
Xunlei Announces Changes of Board of DirectorsSHENZHEN, 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 |
While private equity firms own 39% of Xunlei Limited (NASDAQ:XNET), individual investors are its largest shareholders with 45% ownershipKey Insights Significant control over Xunlei by individual investors implies that the general public has more power to... |
Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2023SHENZHEN, 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 |
Xunlei Limited Schedules 2023 Unaudited Second Quarter Earnings Release on August 15, 2023SHENZHEN, 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 |
Xunlei Updates Second Quarter Revenue GuidanceSHENZHEN, 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 |
Xunlei Announces $20 million Share Repurchase ProgramSHENZHEN, 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 |