Xunlei (NASDAQ:XNET) Issues Earnings Results

Xunlei (NASDAQ:XNET) released its earnings results on Thursday. The software maker reported $0.17 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 Q1 2025 guidance to EPS.

Xunlei Price Performance

Shares of NASDAQ:XNET opened at $4.59 on Friday. The company’s fifty day moving average is $3.03 and its two-hundred day moving average is $2.30. The company has a quick ratio of 2.91, a current ratio of 2.92 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 company has a market cap of $290.97 million, a P/E ratio of 19.96 and a beta of 1.04.

Analyst Ratings Changes

Separately, StockNews.com cut Xunlei from a “strong-buy” rating to a “buy” rating in a report on Friday, March 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.