Xunlei (XNET) to Release Earnings on Thursday

Xunlei (NASDAQ:XNET) is set to release its earnings data before the market opens on Thursday, November 14th. Xunlei has set its Q3 2019 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Xunlei (NASDAQ:XNET) last issued its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter. Xunlei had a negative return on equity of 16.81% and a negative net margin of 33.31%. The firm had revenue of $47.65 million for the quarter.

Shares of XNET stock opened at $6.52 on Thursday. The company has a quick ratio of 3.28, a current ratio of 3.37 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $3.21 and a two-hundred day moving average price of $2.80. Xunlei has a 12-month low of $1.87 and a 12-month high of $7.20.

Several brokerages have issued reports on XNET. BidaskClub raised Xunlei from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 29th. ValuEngine lowered Xunlei from a “buy” rating to a “hold” rating in a research note on Wednesday.

About Xunlei

Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud computing that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel and Offline Accelerator.

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Earnings History for Xunlei (NASDAQ:XNET)

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