IVAS

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

Retrieved on: 
Tuesday, November 14, 2023

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.

Leonardo DRS Awarded More than $134 Million Production Order for Family of Weapon Sights

Retrieved on: 
Monday, November 6, 2023

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army.
  • The recently awarded production order for more than $134 million was made under the Family of Weapon Sights – Individual (FWS-I) IDIQ contract.
  • It gives users the ability to acquire targets day or night and in smoke or fog, which provides strategic and tactical advantages to the soldier.
  • “This cutting-edge technology ensures our soldiers will have the most advanced weapon sight systems on the battlefield today.

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

Retrieved on: 
Tuesday, August 15, 2023

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 Downsizes its Domestic Live Streaming Business

Retrieved on: 
Monday, May 22, 2023

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.

Key Points: 
  • 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, the Company expects that revenues from live streaming and other IVAS segment will be significantly reduced going forward.
  • The Company will evaluate the impact of this initiative and provide an update on the second quarter revenue guidance in the near future.

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

Retrieved on: 
Tuesday, May 16, 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.

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

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.

Aeyon Awarded $18.5 Million U.S. Army Contract To Support PM IVAS With Robotic Process Automation

Retrieved on: 
Monday, February 27, 2023

Aeyon , which delivers advanced strategies and digital transformation for critical national security and civilian agency missions, has been awarded a 5-year, $18.5 million contract to provide Robotic Process Automation (RPA) services to United States Army, PEO Soldier, PM Integrated Visual Augmentation System (IVAS).

Key Points: 
  • Aeyon , which delivers advanced strategies and digital transformation for critical national security and civilian agency missions, has been awarded a 5-year, $18.5 million contract to provide Robotic Process Automation (RPA) services to United States Army, PEO Soldier, PM Integrated Visual Augmentation System (IVAS).
  • Aeyon will apply processes developed and tested within its Robotic Operations Center of Excellence (ROCoE), which is dedicated to the ideation, governance, and management of Intelligent Automation solutions for customer deployment.
  • “Our success in intelligent automation and track record supporting PM IVAS with data analytics and business intelligence positions Aeyon to deliver comprehensive and operationally realistic automations,” said Pat Collins, Chief Growth Officer, Aeyon.
  • Use cases within PM IVAS that can benefit from Robotic Process Automation include: gathering critical data from units where PM IVAS products are fielded, supply and demand tracking activities, new equipment training, reporting and analysis notifications, and project management activities.

Global Soldier Modernisation Market Report 2022: Growing Demand for Rugged Computing Systems Fuels Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 27, 2022

Soldier modernisation focuses on providing soldiers with the necessary equipment and technologies that will make them future combat-ready.

Key Points: 
  • Soldier modernisation focuses on providing soldiers with the necessary equipment and technologies that will make them future combat-ready.
  • Overview: Snapshot of the Soldier Modernisation Market during 2022 - 2030, including highlights of the demand drivers, trends, and challenges.
  • Segment Analysis: Insights into the Soldier Modernisation Market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
  • Regional Analysis: Insights into the Soldier Modernisation Market from a regional perspective and a detailed analysis of factors influencing the market for each region.

Global Soldier Modernisation Market Report 2022: Featuring Atos, L3Harris, Elbit Systems, Northrop Grumman & More

Retrieved on: 
Friday, December 30, 2022

DUBLIN, Dec. 30, 2022 /PRNewswire/ -- The "Soldier Modernisation - Market and Technology Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 30, 2022 /PRNewswire/ -- The "Soldier Modernisation - Market and Technology Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Overview: Snapshot of the Soldier Modernisation Market during 2022 - 2030, including highlights of the demand drivers, trends, and challenges.
  • Segment Analysis: Insights into the Soldier Modernisation Market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
  • Regional Analysis: Insights into the Soldier Modernisation Market from a regional perspective and a detailed analysis of factors influencing the market for each region.

EO/IR Systems Market Report 2022: Industry to Swell by 11.6% Yearly Through 2030

Retrieved on: 
Tuesday, November 15, 2022

Not all nations afford to purchase new EO/IR systems and the inclination is toward integrating next-generation sensors and other technologies into the existing EO/IR systems.

Key Points: 
  • Not all nations afford to purchase new EO/IR systems and the inclination is toward integrating next-generation sensors and other technologies into the existing EO/IR systems.
  • The demand for imaging EO/IR systems will always remain high, but there is a growing demand for EO/IR systems paired with countermeasures.
  • The US$ 22 billion order for IVAS over the next decade and continuing is blowing market forecasts for EO/IR systems.
  • The report is segmented the EO/IR systems market in three main groups.