reports
Xunlei Announces Unaudited Financial Results for the Second Quarter En...
Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2025 SHENZHEN, China, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights: Total revenues were US$104.0 million, representing an increase of 30.6% year-over-year. Subscription revenues were US$36.4 million, representing an increase of 10.5% year-over-year. Liv...
Xunlei Limited Schedules 2025 Unaudited Second Quarter Earnings Releas...
Xunlei Limited Schedules 2025 Unaudited Second Quarter Earnings Release on August 14, 2025 SHENZHEN, China, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2025 on August 14, 2025 before market open. The earnings press release will be available on the Company's investor relations page at . Conference Call Xunlei's management will host a con...
Xunlei Announces Investee Company Completes IPO on Shanghai Stock Exch...
Xunlei Announces Investee Company Completes IPO on Shanghai Stock Exchange STAR Market SHENZHEN, China, June 11, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that its investee company, Arashi Vision Inc. (“Arashi Vision”, also known as Insta360), has completed its initial public offering on the Shanghai Stock Exchange STAR Market under the stock ticker 688775 on June 11, 2025. As of the date of this press release, Xunlei holds approximately 7.8% the equity int...
Xunlei Closes Acquisition of Hupu
Xunlei Closes Acquisition of Hupu SHENZHEN, China, June 02, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has closed the acquisition of Shanghai Kuanghui Network Technology Co., Ltd. ("Kuanghui", also known as Shanghai Kuanghui Internet Technology Co., Ltd.), which operates Hupu, a leading sports media and data platform in China. Pursuant to the terms of the definitive agreement between Xunlei and Kuanghui, Xunlei has paid a cash consideration of RMB...
Xunlei Announces Unaudited Financial Results for the First Quarter End...
Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2025 SHENZHEN, China, May 15, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights: Total revenues were US$88.8 million, representing an increase of 10.5% year-over-year.Subscription revenues were US$35.7 million, representing an increase of 7.7% year-over-year. Live-s...
Xunlei Limited Schedules 2025 Unaudited First Quarter Earnings Release...
Xunlei Limited Schedules 2025 Unaudited First Quarter Earnings Release on May 15, 2025 SHENZHEN, China, May 08, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2025 on May 15, 2025 before market open. The earnings press release will be available on the Company's investor relations page at Conference Call Xunlei's management will host a conference call at 8:00 ...
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2024
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2024 SHENZHEN, China, April 25, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 24, 2025. The annual report can be accessed on the Company’s investor relations website at or the SEC’s website at . About Xunlei Founded in 2003, Xunlei Limited (NA...
Xunlei Announces Unaudited Fourth Quarter and Full Year 2024 Financial...
Xunlei Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results SHENZHEN, China, March 13, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights: Total revenues were US$84.3 million, representing an increase of 9.3% year-over-year. Subscription rev...
Xunlei Limited Schedules 2024 Unaudited Fourth Quarter and Fiscal Year...
Xunlei Limited Schedules 2024 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 13, 2025 SHENZHEN, China, March 06, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024 on March 13, 2025 before market open. The earnings press release will be available on the Company's investor relations page at . Conference Call Xunlei's managemen...
Xunlei to Acquire Hupu
Xunlei to Acquire Hupu SHENZHEN, China, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has entered into a definitive agreement to acquire Shanghai Kuanghui Internet Technology Co., Ltd., which operates Hupu, for a total cash consideration of RMB500 million, subject to certain adjustments. Hupu is China’s leading sports media and data platform. The closing of the transaction is subject to certain conditions and is currently expected to occur in t...
Xunlei Announces Change of Depositary
Xunlei Announces Change of Depositary SHENZHEN, China, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has appointed JPMorgan Chase Bank, N.A. (“J.P. Morgan”) as the successor depositary for the Company’s American Depositary Receipt (the “ADR”) program, effective from December 31, 2024. The Company has also entered into an amended and restated deposit agreement with J.P. Morgan to replace the previous deposit agreement. A registration statement ...
Xunlei Announces Unaudited Financial Results for the Third Quarter End...
Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2024 SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third quarter 2024 Financial Highlights: Total revenues were US$80.1 million, representing a decrease of 4.9% year-over-year. Cloud computing revenues were US$25.3 million,...
Xunlei Announces Changes of Board of Directors
Xunlei Announces Changes of Board of Directors SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that Mr. Ya Li has resigned from his role as the Company’s independent director for personal reasons, effective as of November 14, 2024. Followed by his resignation, the Board has appointed Mr. He Huang as an independent director of the Company effective as of November 14, 2024. Mr. Huang will also serve as a member of the compensation committe...
Xunlei Limited Schedules 2024 Unaudited Third Quarter Earnings Release...
Xunlei Limited Schedules 2024 Unaudited Third Quarter Earnings Release on Nov 14, 2024 SHENZHEN, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2024 before market opens on Thursday, Nov 14, 2024. The earnings press release will be available on the Company's investor relations page at . Conference Call Xunlei's management will host a conference ca...
Xunlei Announces Appointment of Two New Directors
Xunlei Announces Appointment of Two New Directors SHENZHEN, China, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that the board of directors of the Company has appointed Mr. Hui Duan and Mr. Xiaosong Li as members of the board of directors of the Company, effective today. Mr. Hui Duan had served as a director of Xunlei from April 2020 to September 2023. He currently serves as the Chief Technology Officer of Beijing Itui Technology Co., Ltd. Prior to ...
Xunlei Announces Unaudited Financial Results for the Second Quarter En...
Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2024 SHENZHEN, China, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second quarter 2024 Financial Highlights: Total revenues were US$79.6 million, representing a decrease of 23.7% year-over-year. Cloud computing revenues were US$26.4 million, representing a decrease of 13.8% year-over-year. Sub...
Xunlei Limited Schedules 2024 Unaudited Second Quarter Earnings Releas...
Xunlei Limited Schedules 2024 Unaudited Second Quarter Earnings Release on August 13, 2024 SHENZHEN, China, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2024 before market opens on Tuesday, August 13, 2024. The earnings press release will be available on the Company's investor relations page at . Conference Call Xunlei's management will ...
Xunlei Announces US$20 Million Share Repurchase Program
Xunlei Announces US$20 Million Share Repurchase Program SHENZHEN, China, June 04, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that the board of directors of the Company (the “Board”) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its ADSs or common shares over the next 12 months (the “2024 Share Repurchase Program”). The Board will review the 2024 Share Repurchase Program periodically and, if necessar...
Xunlei Announces Unaudited Financial Results for the First Quarter End...
Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2024 SHENZHEN, China, May 16, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues were US$80.4 million, representing a decrease of 19.0% year-over-year. Cloud computing revenues were US$30.2 million, representing a decrease of 7.8% year-over-year. Subs...
Xunlei Limited Schedules 2024 Unaudited First Quarter Earnings Release...
Xunlei Limited Schedules 2024 Unaudited First Quarter Earnings Release on May 16, 2024 SHENZHEN, China, May 09, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2024 before market opens on Thursday, May 16, 2024 . The earnings press release will be available on the Company's investor relations page at Conference Call Xunlei's management will host a conference call at...
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