Xunlei (NASDAQ:XNET - Get Free Report) posted its quarterly earnings results on Thursday. The software maker reported $0.12 earnings per share for the quarter, Zacks reports. The business had revenue of $103.54 million during the quarter. Xunlei had a return on equity of 7.00% and a net margin of 202.62%. Xunlei updated its Q3 2025 guidance to EPS.
Xunlei Trading Up 24.9%
Shares of NASDAQ:XNET traded up $1.59 during trading on Monday, reaching $7.98. The company's stock had a trading volume of 3,764,428 shares, compared to its average volume of 975,273. The stock has a market capitalization of $499.48 million, a PE ratio of 0.70 and a beta of 0.88. Xunlei has a 12 month low of $1.51 and a 12 month high of $7.98. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.09. The firm's 50 day simple moving average is $4.73 and its two-hundred day simple moving average is $4.40.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Xunlei from a "hold" rating to a "buy" rating in a research note on Saturday.
Check Out Our Latest Stock Report on Xunlei
Institutional Investors Weigh In On Xunlei
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XNET. Jane Street Group LLC boosted its stake in Xunlei by 827.1% during the second quarter. Jane Street Group LLC now owns 88,917 shares of the software maker's stock worth $360,000 after buying an additional 101,146 shares during the period. Marshall Wace LLP bought a new position in Xunlei during the 2nd quarter valued at about $219,000. NewEdge Advisors LLC raised its position in Xunlei by 9,106.5% in the 1st quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker's stock worth $83,000 after purchasing an additional 18,213 shares during the period. Finally, Walleye Capital LLC bought a new stake in Xunlei in the second quarter worth about $51,000. 5.07% of the stock is currently owned by hedge funds and other institutional investors.
About Xunlei
(
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 Green Channel and Fast Bird products.
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