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Xunlei (XNET) Scheduled to Post Quarterly Earnings on Thursday

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Xunlei (NASDAQ:XNET - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 16th. Xunlei has set its Q1 2024 guidance at EPS.Individual interested in participating in the company's earnings conference call can do so using this link.

Xunlei (NASDAQ:XNET - Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The software maker reported $0.06 earnings per share (EPS) for the quarter. Xunlei had a return on equity of 4.48% and a net margin of 3.90%. The business had revenue of $77.14 million for the quarter.

Xunlei Trading Up 1.9 %

NASDAQ:XNET traded up $0.03 during mid-day trading on Friday, hitting $1.65. The company had a trading volume of 43,655 shares, compared to its average volume of 59,132. The firm has a market cap of $106.22 million, a P/E ratio of 7.17 and a beta of 1.22. Xunlei has a fifty-two week low of $1.28 and a fifty-two week high of $2.09. The business's fifty day moving average is $1.53 and its two-hundred day moving average is $1.53. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.54 and a current ratio of 2.56.


Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Xunlei in a research note on Friday. They set a "buy" rating on the stock.

Read Our Latest Research Report on XNET

Xunlei Company Profile

(Get Free Report)

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 various products, such as Green Channel.

Read More

Earnings History for Xunlei (NASDAQ:XNET)

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