Xunlei's Q4 Earnings Report and Q1 Guidance Overview

Thursday, 14 March 2024, 10:06

Xunlei has released its latest financial results, reporting a GAAP EPS of $0.06 and revenue of $77.1M for Q4. The company has also provided insights into its Q1 guidance. With revenue declining by 20.5% year-over-year, Xunlei aims to enhance its financial performance in the upcoming quarters.
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Xunlei's Q4 Earnings Report and Q1 Guidance Overview

Xunlei Earnings Report Overview

Xunlei press release (XNET): Q4 GAAP EPS of $0.06. Revenue of $77.1M (-20.5% Y/Y).

Financial Position

  • As of December 31, 2023, the company had cash, cash equivalents, and short-term investments of $271.9 million.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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