Xunlei (XNET) to Release Earnings on Thursday

Xunlei (NASDAQ:XNETGet Free Report) is scheduled to release its earnings data before the market opens on Thursday, May 16th. Xunlei has set its Q1 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

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

Xunlei Price Performance

NASDAQ XNET opened at $1.72 on Wednesday. The stock’s 50-day moving average price is $1.54 and its 200-day moving average price is $1.53. The company has a quick ratio of 2.54, a current ratio of 2.56 and a debt-to-equity ratio of 0.05. Xunlei has a 52 week low of $1.28 and a 52 week high of $2.09. The company has a market capitalization of $110.73 million, a P/E ratio of 7.48 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Xunlei in a research note on Friday, May 10th. They issued a “buy” rating on the stock.

Read Our Latest Report on Xunlei

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 various products, such as Green Channel.

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Earnings History for Xunlei (NASDAQ:XNET)

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