Xunlei (NASDAQ:XNET) Releases Quarterly Earnings Results

Xunlei (NASDAQ:XNET) posted its quarterly earnings results on Thursday. The software maker reported $0.17 EPS for the quarter, Zacks reports. Xunlei had a net margin of 4.65% and a return on equity of 4.47%. Xunlei updated its Q1 2025 guidance to EPS.

Xunlei Stock Down 5.4 %

XNET stock opened at $4.59 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.92 and a quick ratio of 2.91. Xunlei has a 52-week low of $1.45 and a 52-week high of $5.52. The company has a 50-day moving average of $3.03 and a two-hundred day moving average of $2.30. The stock has a market capitalization of $290.97 million, a price-to-earnings ratio of 19.96 and a beta of 1.04.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Xunlei from a “strong-buy” rating to a “buy” rating in a 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.