In This Article:
Xunlei (NASDAQ:XNET) First Quarter 2024 Results
Key Financial Results
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Revenue: US$80.0m (down 19% from 1Q 2023).
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Net income: US$3.64m (up 223% from 1Q 2023).
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Profit margin: 4.5% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses.
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EPS: US$0.056 (up from US$0.017 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xunlei shares are up 9.3% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Xunlei's balance sheet health.
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