Xunlei Third Quarter 2024 Earnings: EPS: US$0.072 (vs US$0.067 in 3Q 2023)

In This Article:

Xunlei (NASDAQ:XNET) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$79.8m (down 4.9% from 3Q 2023).

  • Net income: US$4.60m (up 4.6% from 3Q 2023).

  • Profit margin: 5.8% (up from 5.2% in 3Q 2023). The increase in margin was driven by lower expenses.

  • EPS: US$0.072 (up from US$0.067 in 3Q 2023).

earnings-and-revenue-history
NasdaqGS:XNET Earnings and Revenue History November 17th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Xunlei shares are down 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Xunlei's balance sheet health.

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