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XNET News and Press, Xunlei Limited From 08/08/23

Stock Information

Company Name: Xunlei Limited
Stock Symbol: XNET
Market: NASDAQ
Website: xunlei.com

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XNET - Xunlei Limited Schedules 2023 Unaudited Second Quarter Earnings Release on August 15, 2023

SHENZHEN, China, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial re...

XNET - Xunlei Is A Wildly Discounted Compounder For U.S. Investors

2023-06-21 11:18:26 ET Summary Xunlei is a Chinese internet company that presents an opportunity for US investors to capture outsized returns as Chinese equities rebound. It is a durable business with the ability to reinvest capital at high rates of return while providing a wide m...

XNET - Xunlei sees Q2 revenue between $101M-$106M

2023-06-13 08:18:47 ET Xunlei ( NASDAQ: XNET ) has updated its revenue guidance for the second quarter of 2023 after fully assessing the impact of the downsizing of the Co.’s domestic live streaming business, which was previously announced. The Co. estimates th...

XNET - Xunlei Updates Second Quarter Revenue Guidance

SHENZHEN, China, June 13, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced an update to its revenue guidance for the second quarter of 2...

XNET - Xunlei: An Update And A Special Situation

2023-06-12 03:59:55 ET Summary Xunlei, a Chinese digital services company, has reported a 25% YoY increase in revenue and a marginal profit of $1.1m in its latest quarterly earnings. The company has a negative enterprise value of $125m, but its recent $20m share buyback authorizat...

XNET - Healthcare Realty Rolls Out $500M Share Repurchase - Buyback Wednesdays

2023-06-08 09:13:27 ET Summary Healthcare Realty is the largest pure play Medical Office Buildings (MOB) REIT in the United States. The REIT has a forward dividend yield of 6.6% and is well-covered by a 75% payout ratio. With the stock down more than 30% over the last year, we...

XNET - MVIS, NVCR and BIG among mid-day movers

2023-06-06 13:11:07 ET Gainers: Recruiter.com Group ( RCRT ) +135% . Hoth Therapeutics ( HOTH ) +79% . Beamr Imaging ( BMR ) +32% . GitLab ( GTLB ) +31% . D-Wave Quantum ( QBTS ) +27% . MicroVision ( MVIS ) +23% . ...

XNET - Xunlei board approves $20M share repurchase program

2023-06-06 08:25:03 ET Cloud computing and blockchain technology company Xunlei ( NASDAQ: XNET ) said on Tuesday that its board approved an up to $20M share repurchase program. The current share repurchase program is different from the $20M program announced in March 2022, und...

XNET - Xunlei Announces $20 million Share Repurchase Program

SHENZHEN, China, June 06, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the board of directors of the Company (the “Board...

XNET - Xunlei Downsizes its Domestic Live Streaming Business

SHENZHEN, China, May 22, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that it is taking proactive measures to adjust certain busines...

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