Xunlei Limited - American Depositary Receipts (XNET) News

Xunlei Limited - American Depositary Receipts (XNET): $1.63

-0.05 (-2.98%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: China

Industry

B

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XNET News Results

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XNET News Highlights

  • XNET's 30 day story count now stands at 7.
  • Over the past 25 days, the trend for XNET's stories per day has been choppy and unclear. It has oscillated between 1 and 2.

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 $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

Xunlei Downsizes its Domestic Live Streaming Business

SHENZHEN, China, May 22, 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 it is taking proactive measures to adjust certain business operations. Particularly, the Company is downsizing its domestic audio live streaming operations due to lower gross margin of such business and the rapidly evolving and challenging industry environment. As a result of this change

Yahoo | May 22, 2023

Xunlei First Quarter 2023 Earnings: EPS: US$0.017 (vs US$0.081 in 1Q 2022)

Xunlei ( NASDAQ:XNET ) First Quarter 2023 Results Key Financial Results Revenue: US$98.9m (up 26% from 1Q 2022). Net...

Yahoo | May 19, 2023

Xunlei Limited (NASDAQ:XNET) Q1 2023 Earnings Call Transcript

Xunlei Limited (NASDAQ:XNET) Q1 2023 Earnings Call Transcript May 16, 2023 Operator: Welcome, ladies and gentlemen, and thank you for your patience. You’ve joined Xunlei’s 2023 First Quarter Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to turn the call over to the host, Investor […]

Yahoo | May 17, 2023

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2023

SHENZHEN, China, May 16, 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 first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: Total revenues were US$99.2 million, an increase of 25.5% year-over-year. Cloud computing revenues were US$32.7 million, an increase of 8.2% year-over-year. Subscription revenu

Yahoo | May 16, 2023

Xunlei (NASDAQ:XNET) investors are sitting on a loss of 86% if they invested five years ago

Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see...

Yahoo | May 12, 2023

Xunlei Limited Schedules 2023 Unaudited First Quarter Earnings Release on May 16, 2023

SHENZHEN, May 12, 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 first quarter ended March 31, 2023 on May 16, 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 host a confe

Yahoo | May 12, 2023

Xunlei Filed Annual Report on Form 20-F for Fiscal Year 2022

SHENZHEN, China, April 26, 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the “SEC”) on April 26, 2023. The annual report can be accessed on the Company’s investor relations website at http://ir.xunlei.com or the SEC’s website at w

Yahoo | April 26, 2023

A Look At The Intrinsic Value Of Xunlei Limited (NASDAQ:XNET)

Key Insights Xunlei's estimated fair value is US$1.46 based on 2 Stage Free Cash Flow to Equity Current share price of...

Yahoo | April 15, 2023

10 Cloud Computing Stocks Under $5

In this piece, we will take a look at the ten cloud computing stocks under $5. For more stocks, head on over to 5 Best Cloud Computing Stocks Under $5. Cloud computing is one of the most transformative technologies of the modern age. The Internet and its widespread use have transformed business operations and our […]

Yahoo | April 11, 2023


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