Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
ChinaIPO:
24 June 2014Website:
http://www.xunlei.comNext earnings report:
15 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:31:26 GMTDividend
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Xunlei Limited, a prominent technology company offering distributed cloud services in China, has released its unaudited financial results for the first quarter ending on March 31, 2024.
Xunlei Limited (NASDAQ:XNET ) Q2 2023 Earnings Conference Call August 15, 2023 8:00 AM ET Company Participants Luhan Tang - IR Manager Jinbo Li - Chairman & CEO Eric Zhou - CFO Conference Call Participants Operator Welcome, ladies and gentlemen, and thank you for your patience. You've joined Xunlei's 2023 Second Quarter Earnings Conference Call.
Xunlei, a Chinese digital services company, has reported a 25% YoY increase in revenue and a marginal profit of $1.1m in its latest quarterly earnings. The company has a negative enterprise value of $125m, but its recent $20m share buyback authorization could lead to a significant re-rating of its share price. Were the stock to simply trade at a price that produced a positive enterprise value that implies a $3.50 price target.
What type of business is Xunlei Limited?
Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. It 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 cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game website and mobile app; live video streaming and online advertising services; and cloud computing and other internet value-added services. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.
What sector is Xunlei Limited in?
Xunlei Limited is in the Technology sector
What industry is Xunlei Limited in?
Xunlei Limited is in the Software Infrastructure industry
What country is Xunlei Limited from?
Xunlei Limited is headquartered in China
When did Xunlei Limited go public?
Xunlei Limited initial public offering (IPO) was on 24 June 2014
What is Xunlei Limited website?
https://www.xunlei.com
Is Xunlei Limited in the S&P 500?
No, Xunlei Limited is not included in the S&P 500 index
Is Xunlei Limited in the NASDAQ 100?
No, Xunlei Limited is not included in the NASDAQ 100 index
Is Xunlei Limited in the Dow Jones?
No, Xunlei Limited is not included in the Dow Jones index
When does Xunlei Limited report earnings?
The next expected earnings date for Xunlei Limited is 15 August 2024