Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]
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Xunlei Limited - American Depositary Shares (XNET)
US:NASDAQ Investor Relations:
ir.xunlei.com
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Source: Yahoo! Finance
distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues were US$80.4 million, representing a decrease of 19.0% year-over-year. Cloud computing revenues were US$30.2 million, representing a decrease of 7.8% year-over-year. Subscription revenues were US$33.1 million, representing an increase of 12.9% year-over-year. Live streaming and other internet value-added services (“Live streaming and other IVAS”) revenues were US$17.1 million, representing a decrease of 54.1% year-over-year. Gross profit was US$42.8 million, representing an increase of 8.2% year-over-year, and gross profit margin was 53.3% in the first quarter, compared with 39.9% in the same period of 2023. Net income was US$3.6 million in the first quarter, compared with US$1.2 million in the same period of 2023. Non-GAAP net income was US$4.5 million in the first quarter, compared wit
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News
- Xunlei (NASDAQ:XNET) Is Looking To Continue Growing Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Xunlei Announces US$20 Million Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Xunlei Announces US$20 Million Share Repurchase ProgramGlobeNewswire
- Xunlei Limited (NASDAQ: XNET) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Xunlei First Quarter 2024 Earnings: EPS: US$0.056 (vs US$0.017 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
XNET
Sec Filings
- 6/4/24 - Form 6-K
- 5/16/24 - Form 6-K
- 4/30/24 - Form 6-K
- XNET's page on the SEC website