Xunlei Limited XNET

Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.

• The Motley Fool 13 ago

  Xunlei (XNET) Q2 2026 Earnings Call Transcript

  Xunlei reported Q2 2026 revenue of $102.7 million, up 38.9% year-over-year, driven by subscription and overseas audio live-streaming growth. However, the company posted an operating loss of $4.8 million and a net loss of $218.5 million, primarily due to fair value volatility in its Arashi Vision investment. Gross margins declined to 55.8% from 63% due to the lower-margin live-streaming business becoming a larger revenue component. The company initiated a $20 million share repurchase program and is working to reduce its 7.8% stake in Arashi Vision to comply with investment regulations.

  

• GlobeNewswire Inc. 26 jun

  Xunlei Announces US$20 Million Share Repurchase Program

  Xunlei Limited announced a new share repurchase program approved by its board of directors to repurchase up to US$20 million in ADSs or common shares over the next 12 months starting July 1st, 2026. The program will be funded from the company's cash balance of approximately US$303.6 million as of March 31, 2026. CEO Jinbo Li stated the initiative reflects confidence in operational performance and commitment to long-term development.