Xunlei (NASDAQ:XNET) Announces Earnings Results

Xunlei (NASDAQ:XNET) issued its quarterly earnings results on Thursday. The software maker reported $0.17 earnings per share (EPS) for the quarter, Zacks reports. 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

Shares of Xunlei stock opened at $4.81 on Thursday. The firm has a market cap of $304.92 million, a P/E ratio of 20.94 and a beta of 1.04. The company has a current ratio of 2.92, a quick ratio of 2.91 and a debt-to-equity ratio of 0.04. Xunlei has a 12 month low of $1.45 and a 12 month high of $5.52. The stock’s fifty day moving average price is $2.92 and its 200-day moving average price is $2.26.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Xunlei from a “strong-buy” rating to a “buy” rating in a research 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.