Xunlei (NASDAQ:XNET) Issues Quarterly Earnings Results

Xunlei (NASDAQ:XNET) posted its quarterly earnings data on Thursday. The software maker reported $0.17 earnings per share for the quarter, Zacks reports. The company had revenue of $84.30 million during the quarter. Xunlei had a return on equity of 4.47% and a net margin of 4.65%. Xunlei updated its Q1 2025 guidance to EPS.

Xunlei Stock Performance

NASDAQ:XNET opened at $4.59 on Friday. The firm’s fifty day moving average price is $3.03 and its 200 day moving average price is $2.30. Xunlei has a 1-year low of $1.45 and a 1-year high of $5.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.92 and a quick ratio of 2.91. The firm has a market cap of $290.97 million, a price-to-earnings ratio of 19.96 and a beta of 1.04.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Xunlei from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 7th.

About Xunlei

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.