Xunlei (XNET) Set to Announce Earnings on Thursday

Xunlei (NASDAQ:XNET) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 14th. Individual that wish to register for the company’s earnings conference call can do so using this link.

Xunlei (NASDAQ:XNET) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $47.65 million during the quarter. Xunlei had a negative net margin of 33.31% and a negative return on equity of 16.81%.

XNET opened at $5.74 on Wednesday. The business has a fifty day simple moving average of $3.55 and a 200 day simple moving average of $2.86. Xunlei has a 1 year low of $1.87 and a 1 year high of $7.20. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.28 and a current ratio of 3.37.

Several analysts recently issued reports on the company. BidaskClub upgraded Xunlei from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 29th. ValuEngine downgraded Xunlei from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Xunlei Company Profile

Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud computing that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel and Offline Accelerator.

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Earnings History for Xunlei (NASDAQ:XNET)

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