Xunlei (NASDAQ:XNET) Releases Quarterly Earnings Results

Xunlei (NASDAQ:XNET) released its earnings results on Thursday. The software maker reported ($0.01) earnings per share for the quarter, Zacks reports. Xunlei had a return on equity of 4.47% and a net margin of 4.65%. Xunlei updated its Q2 2025 guidance to EPS.

Xunlei Trading Up 4.1%

Shares of NASDAQ:XNET opened at $4.79 on Friday. The company has a 50 day moving average of $4.21 and a 200-day moving average of $3.05. The firm has a market cap of $298.76 million, a P/E ratio of 20.83 and a beta of 0.83. Xunlei has a twelve month low of $1.46 and a twelve month high of $5.52. The company has a current ratio of 2.92, a quick ratio of 2.91 and a debt-to-equity ratio of 0.04.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Xunlei from a “buy” rating to a “hold” rating in a research report on Wednesday, May 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.