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Xunlei files annual report on Form 20-F » 08:10
04/29/22
04/29
08:10
04/29/22
08:10
XNET

Xunlei

$1.35 /

-0.005 (-0.37%)

Xunlei announced that it…

Xunlei announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on April 28, 2022

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XNET Xunlei
$1.35 /

-0.005 (-0.37%)

XNET Xunlei
$1.35 /

-0.005 (-0.37%)

Hot Stocks
Xunlei announces $20M share buyback program » 08:09
03/31/22
03/31
08:09
03/31/22
08:09
XNET

Xunlei

$1.74 /

+0.06 (+3.57%)

Xunlei announced that the…

Xunlei announced that the Board of Directors of the Company has approved a plan under which the Company may repurchase up to $20 million of its shares over the next 12 months. The board will review the share repurchase program periodically and adjust its size and terms as necessary. Under the proposed plan, repurchases may be made from time to time on the open market at the prevailing market prices and via a trading algorithm, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The shares to be repurchased can be both its ADSs and common shares. The repurchase plan will be funded from the Company's cash balance. As of December 31, 2021, the Company had cash, cash equivalent and short-term investments of approximately $239 million, and the balance of bank borrowings was about $20.2 million which is used to finance the construction of the Company's research and development and headquarters building.

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XNET Xunlei
$1.74 /

+0.06 (+3.57%)

XNET Xunlei
$1.74 /

+0.06 (+3.57%)

Earnings
Xunlei sees Q1 revenue $77M-$80M » 07:11
03/17/22
03/17
07:11
03/17/22
07:11
XNET

Xunlei

$1.59 /

+0.38 (+31.40%)

For the first quarter of…

For the first quarter of 2022, Xunlei estimates total revenues to be between $77M-$80M, and the midpoint of the range represents a quarter-on-quarter increase of approximately 10.4%. This estimate represents management's preliminary view as of the date of this release, which is subject to change and any change could be material.

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XNET Xunlei
$1.59 /

+0.38 (+31.40%)

XNET Xunlei
$1.59 /

+0.38 (+31.40%)

Earnings
Xunlei reports Q4 EPS 2c vs 7c last year » 07:11
03/17/22
03/17
07:11
03/17/22
07:11
XNET

Xunlei

$1.59 /

+0.38 (+31.40%)

Reports Q4 revenue $71.1M…

Reports Q4 revenue $71.1M vs. $50.3M last year. Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated, "We ended 2021 with a strong fourth quarter and are pleased to report a 18.6% sequential growth in our total revenues. With solid execution of our well-crafted strategies focusing on core strengths and a competitive edge, we achieved growth in our major business lines. Particularly, we saw strong growth in shared cloud computing and other IVAS, which realized a year-over-year growth of 52.7%, driven by customer demand and bandwidth capacity expansion. During fiscal year 2021, our total revenues also grew 28.3% to $239.6 million and achieved a net profit of 1.1 million, a significant improvement over a net loss of $14.1 million in 2020."

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XNET Xunlei
$1.59 /

+0.38 (+31.40%)

XNET Xunlei
$1.59 /

+0.38 (+31.40%)

Hot Stocks
Xunlei launches enterprise NFT service platform » 08:04
02/16/22
02/16
08:04
02/16/22
08:04
XNET

Xunlei

$1.83 /

+0.08 (+4.57%)

Xunlei announced that the…

Xunlei announced that the company has launched a blockchain based enterprise digital NFT service platform, aiming to help enterprises and organizations achieve on-chain their digital assets. The platform provides a full service of NFT design, minting, showcasing, management, etc. The NFTs minted on Xunlei's ThunderChain are identified by the ThunderChain technology, and are permanently preserved in the ThunderChain with unique serial numbers on the chain through the deployment of intelligent contract technology. In addition to images, the platform also supports different types of digital content, such as in-game items, audio and video clips, collectibles, and event tickets. "I'm very pleased to announce Xunlei is entering the nascent NFT space to explore its great potential, and we will continue to create value for our partners and customers in this emerging market," says Mr. Jinbo Li, Chairman and CEO of Xunlei Limited.

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XNET Xunlei
$1.83 /

+0.08 (+4.57%)

Earnings
Xunlei sees Q4 revenue $67M-$71M » 07:13
11/11/21
11/11
07:13
11/11/21
07:13
XNET

Xunlei

$2.79 /

-0.015 (-0.53%)

For the fourth quarter of…

For the fourth quarter of 2021, Xunlei estimates total revenues to be between $67M and $71M, and the midpoint of the range represents a quarter-on-quarter increase of approximately 15.0%. This estimate represents management's preliminary view as of the date of this release, which is subject to change and any change could be material.

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XNET Xunlei
$2.79 /

-0.015 (-0.53%)

XNET Xunlei
$2.79 /

-0.015 (-0.53%)

Earnings
Xunlei reports Q3 EPS 8c vs. (2c) last year » 07:12
11/11/21
11/11
07:12
11/11/21
07:12
XNET

Xunlei

$2.79 /

-0.015 (-0.53%)

Reports Q3 revenue $60M…

Reports Q3 revenue $60M vs. $43.7M last year. Jinbo Li, Chairman and CEO of Xunlei, stated that "We significantly exceeded our previously issued revenue guidance and delivered total revenues of $60 million for the third quarter of 2021, with significant growth in our cloud computing and other internet value-added services. I'm especially encouraged that we achieved growth in both cloud computing revenues and the bandwidth capacity under very challenging conditions. While the bottom line in the third quarter was affected by increased operating expenses and reduced advertising revenues, we intend to find ways to mitigate their impact. For example, while maintaining the growth momentum for our cloud-computing business, we will continue to enhance our subscription business by improving user experience and providing more value-added services to expand our customer base. In addition, we will further optimize our advertising products to diverse our customer base and increase customer loyalty. And finally, we will continue to invest in business innovation and seize growth opportunities through product lines expansion."

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XNET Xunlei
$2.79 /

-0.015 (-0.53%)

XNET Xunlei
$2.79 /

-0.015 (-0.53%)

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