Xunlei (NASDAQ:XNET) Announces Earnings Results

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

Xunlei Price Performance

Xunlei stock opened at $4.59 on Friday. Xunlei has a one year low of $1.45 and a one year high of $5.52. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.91 and a current ratio of 2.92. The business has a fifty day moving average of $3.03 and a two-hundred day moving average of $2.30. The company has a market cap of $290.97 million, a P/E ratio of 19.96 and a beta of 1.04.

Analyst Upgrades and Downgrades

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

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.