Xunlei

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

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Tuesday, November 14, 2023
Cloud, Webcast, IVAS, Acquisition, Investment, Share repurchase, PIN, Cloud computing, Depreciation, ADS, Call Me, Research, Marketing, Internet, Total, Operating cost, Cryptocurrency, Video game, Music, Beauty salon, Renewable energy, Xunlei

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.

Key Points: 
  • 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.
  • Net income was US$4.4 million in the third quarter of 2023, compared with US$8.3 million in the same period of 2022.
  • Non-GAAP net income was US$5.5 million in the third quarter of 2023, compared with US$9.0 million in the same period of 2022.
  • Diluted earnings per ADS was approximately US$0.07 in the third quarter of 2023, compared with US$0.12 per ADS in the same period of 2022.

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

Retrieved on: 
Tuesday, August 15, 2023
Cloud, IVAS, Share repurchase, Marketing, ADS, Cloud computing, Research, RMB, PIN, Acquisition, Investment, Call Me, Webcast, Depreciation, Growth, United States dollar, Total, Cryptocurrency, Video game, Music, Xunlei

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.

Key Points: 
  • 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.
  • Net income was US$5.0 million in the second quarter of 2023, compared with US$6.0 million in the same period of 2022.
  • Non-GAAP net income was US$8.4 million in the second quarter of 2023, compared with US$9.8 million in the same period of 2022.

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

Retrieved on: 
Tuesday, May 16, 2023
Cloud, IVAS, Marketing, ADS, Cloud computing, PIN, Acquisition, Investment, Call Me, Webcast, Depreciation, Growth, Research, Total, Cryptocurrency, Music, Video game, Beauty salon, Xunlei

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.

Key Points: 
  • 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.
  • Net income was US$1.2 million in the first quarter of 2023, compared with US$5.4 million in the same period of 2022.
  • Non-GAAP net income was US$5.5 million in the first quarter of 2023, compared with US$7.2 million in the same period of 2022.

Xunlei Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2022

Retrieved on: 
Thursday, March 16, 2023
Cloud, Acquisition, PIN, Webcast, RMB, IVAS, Depreciation, United States dollar, Probability, ADS, Cloud computing, Investment, Research, Marketing, Call Me, Cryptocurrency, Video game, Music, Food delivery, Uranium mining, Tourism, Renting, Xunlei

Fourth Quarter 2022 Financial Highlights:

Key Points: 
  • Fourth Quarter 2022 Financial Highlights:
    Total revenues were US$97.0 million, representing an increase of 9.8% from the previous quarter.
  • Fiscal Year Ended December 31, 2022 Financial Highlights:
    Total revenues were US$342.6 million, representing an increase of 43.0% from 2021.
  • Mr. Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated, "We ended fiscal year 2022 with record-setting revenues of $97.0 million, up 9.8% sequentially in the fourth quarter as compared with the previous quarter.
  • Gross profit for the fourth quarter of 2022 was US$37.6 million, representing an increase of 6.8% from the previous quarter.

Xunlei Announces Office Relocation

Retrieved on: 
Tuesday, December 27, 2022
Research, Cloud computing, Xunlei, Workplace, Cryptocurrency, Management

SHENZHEN, China, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, announces today that the Company has relocated its office to the new Xunlei plaza at 3709 Baishi Road, Nanshan District, Shenzhen, China.

Key Points: 
  • SHENZHEN, China, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, announces today that the Company has relocated its office to the new Xunlei plaza at 3709 Baishi Road, Nanshan District, Shenzhen, China.
  • The new headquarters building is located in downtown Nanshan District, home of many well-known technology companies’ headquarters.
  • “We are extremely happy to relocate to our own brand-new, modern and fully-equipped headquarters building after years of office leasing.
  • We look forward to starting a new and exciting chapter and welcoming everyone to visit us in the near future,” says Mr. Jinbo Li, Chairman and CEO of Xunlei Limited.

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2022

Retrieved on: 
Thursday, November 10, 2022
Cloud, GLOBE, Cloud computing, USD, PIN, Forward-looking statement, Call Me, Marketing, Blockchain, Investment, Exchange, Share repurchase, Acceleration, Webcast, Income, Risk, RMB, Private Securities Litigation Reform Act, Depreciation, Board, COVID-19, IVAS, NASDAQ, Board of directors, Uncertainty, U.S. Securities and Exchange Commission, Company, Research, ADS, Terminology, GAAP, Internet, Growth, Industry, Acquisition, United States dollar, Generally Accepted Accounting Principles (United States), Cryptocurrency, Renewable energy, Video game, Music, Liquor, Risk management, Bank, Xunlei

SHENZHEN, China, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology inChina,today announced its unaudited financial results for the third quarter ended September 30, 2022.

Key Points: 
  • SHENZHEN, China, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology inChina,today announced its unaudited financial results for the third quarter ended September 30, 2022.
  • Third Quarter 2022 Financial Highlights:
    Total revenues were US$88.3 million, representing an increase of 12.8% from the previous quarter.
  • Non-GAAP net income was US$9.0 million in the third quarter of 2022, compared with US$9.8 million in the previous quarter.
  • Diluted earnings per ADS in the third quarter of 2022 was approximately US$0.12 as compared to US$0.09 in the second quarter of 2022.

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2022

Retrieved on: 
Tuesday, May 17, 2022
Cloud, Income, ID, Company, Research, Depreciation, Cloud computing, Amazon Drive, Webcast, Investment, NASDAQ, COVID-19, Total, Marketing, ADS, Conference, Growth, IVAS, GLOBE, Cryptocurrency, Renewable energy, Video game, Music, Health insurance, Xunlei

SHENZHEN, China, May 17, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology inChina,today announced its unaudited financial results for the first quarter ended March 31, 2022.

Key Points: 
  • SHENZHEN, China, May 17, 2022 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology inChina,today announced its unaudited financial results for the first quarter ended March 31, 2022.
  • First Quarter 2022 Financial Highlights:
    Total revenues were US$79.0 million, representing an increase of 11.1% from the previous quarter.
  • Net income was US$5.4 million in the first quarter, compared with a net loss of US$0.5 million in the previous quarter.
  • Non-GAAP net income was US$7.2 million in the first quarter, compared with a non-GAAP net income of US$1.7 million in the previous quarter.

Xunlei Limited Launches Enterprise NFT Service Platform

Retrieved on: 
Wednesday, February 16, 2022
NASDAQ, Blockchain, CEO, Risk, Company, Forward-looking statement, Xunlei, GLOBE, Terminology, Organization, Non-fungible token, U.S. Securities and Exchange Commission, NFT, Acquisition, Acceleration, Private Securities Litigation Reform Act, COVID-19, Cloud computing, Industry, Internet, Cryptocurrency

SHENZHEN, China, Feb. 16, 2022 (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 the Company has launched a blockchain based enterprise digital NFT (Non-Fungible Token) service platform (the platform), aiming to help enterprises and organizations achieve on-chain their digital assets.

Key Points: 
  • SHENZHEN, China, Feb. 16, 2022 (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 the Company has launched a blockchain based enterprise digital NFT (Non-Fungible Token) service platform (the 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.
  • Im 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.
  • Founded in 2003, Xunlei Limited (NASDAQ: XNET) is a leading innovator in shared cloud computing and blockchain technology.

Xunlei Announces Change of Management

Retrieved on: 
Tuesday, June 1, 2021
Adware, Peer-to-peer computing, Xunlei, Articles, Technology, Computing, Blockchain, Luo people, NASDAQ, Shenzhen

SHENZHEN, China, June 01, 2021 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology inChina, announced today that Mr. Weimin Luo has resigned from his role as the Companys Chief Operating Officer for personal reasons.

Key Points: 
  • SHENZHEN, China, June 01, 2021 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology inChina, announced today that Mr. Weimin Luo has resigned from his role as the Companys Chief Operating Officer for personal reasons.
  • The resignation became effective on June 1, 2021.
  • Following his resignation, Mr. Luo will continue to support the Company and serve as its strategy consultant.
  • I would like to thank Mr.Weimin Luofor his contributions to the Company and wish him well and continued success in his future endeavor, said Mr.Jinbo Li, Chief Executive Officer of Xunlei.

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2021

Retrieved on: 
Thursday, May 20, 2021
Adware, Malware, Peer-to-peer computing, Xunlei, Software

Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated that, \xe2\x80\x9cWe are delighted with our solid financial and operating results for the first quarter of 2021, following a turnaround performance for the fourth quarter of 2020.

Key Points: 
  • Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated that, \xe2\x80\x9cWe are delighted with our solid financial and operating results for the first quarter of 2021, following a turnaround performance for the fourth quarter of 2020.
  • We are committed to creating value for our shareholders.\xe2\x80\x9d\nTotal revenues were US$53.3 million, representing an increase of 5.9% from the previous quarter.
  • Gross margin was 53.7% in the first quarter, compared with 53.3% in the previous quarter.
  • Non-GAAP net income was US$7.4 million in the first quarter of 2021, compared with US$4.8 million in the previous quarter.