Xunlei (XNET) Set to Announce Quarterly Earnings on Thursday

Xunlei (NASDAQ:XNET) is set to post its quarterly earnings results before the market opens on Thursday, November 14th. Individual interested in registering for the company’s earnings conference call can do so using this link.

Xunlei (NASDAQ:XNET) last announced its quarterly earnings data on Tuesday, August 13th. The software maker reported $0.04 EPS for the quarter. The firm had revenue of $79.33 million during the quarter. Xunlei had a net margin of 4.52% and a return on equity of 4.47%.

Xunlei Trading Up 6.3 %

Shares of Xunlei stock opened at $2.20 on Tuesday. Xunlei has a 12-month low of $1.42 and a 12-month high of $2.41. The company has a current ratio of 2.70, a quick ratio of 2.68 and a debt-to-equity ratio of 0.04. The stock has a market cap of $140.07 million, a PE ratio of 9.57 and a beta of 1.07. The company has a 50-day moving average of $1.87 and a two-hundred day moving average of $1.76.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Xunlei in a report on Friday, November 1st. They issued a “buy” rating for the company.

Xunlei Company Profile

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.