NasdaqGS - Nasdaq Real Time Price • USD Xunlei Limited (XNET) Follow Compare 1.9900 0.0000 (0.00%) At close: December 20 at 4:00:01 PM EST 1.9501 -0.04 (-2.01%) After hours: December 20 at 7:59:09 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations November 2024's Top Picks: Penny Stocks On US Exchanges As November 2024 comes to a close, the U.S. stock market has been making headlines with the S&P 500 and Dow Jones Industrial Average reaching record highs and posting their largest monthly gains of the year. Amidst this robust market performance, investors are increasingly exploring diverse opportunities, including those offered by penny stocks. While often considered a throwback to earlier trading days, penny stocks represent smaller or newer companies that can offer significant potential... Xunlei Third Quarter 2024 Earnings: EPS: US$0.072 (vs US$0.067 in 3Q 2023) Xunlei ( NASDAQ:XNET ) Third Quarter 2024 Results Key Financial Results Revenue: US$79.8m (down 4.9% from 3Q 2023). Net... Xunlei Ltd (XNET) Q3 2024 Earnings Call Highlights: Navigating Revenue Challenges with ... Xunlei Ltd (XNET) reports a 15.6% increase in subscription revenue amidst overall revenue decline, maintaining profitability and strong cash reserves. Xunlei Announces Changes of Board of Directors SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that Mr. Ya Li has resigned from his role as the Company’s independent director for personal reasons, effective as of November 14, 2024. Followed by his resignation, the Board has appointed Mr. He Huang as an independent director of the Company effective as of November 14, 2024. Mr. Huang will als Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2024 SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third quarter 2024 Financial Highlights: Total revenues were US$80.1 million, representing a decrease of 4.9% year-over-year. Cloud computing revenues were US$25.3 million, representing a decrease of 14.4% year-over-ye Xunlei Limited Schedules 2024 Unaudited Third Quarter Earnings Release on Nov 14, 2024 SHENZHEN, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2024 before market opens on Thursday, Nov 14, 2024. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management Allied Gaming & Entertainment And 2 Other US Penny Stocks To Watch As the U.S. markets face a downturn with major indexes like the Dow Jones and Nasdaq experiencing significant losses, investors are reevaluating their strategies amid rising Treasury yields and fluctuating earnings reports. In such volatile times, identifying stocks with solid financial foundations becomes crucial for those looking to navigate uncertain waters. Penny stocks, though an older term, continue to represent smaller or emerging companies that can offer unique opportunities when... Xunlei Announces Appointment of Two New Directors SHENZHEN, China, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that the board of directors of the Company has appointed Mr. Hui Duan and Mr. Xiaosong Li as members of the board of directors of the Company, effective today. Mr. Hui Duan had served as a director of Xunlei from April 2020 to September 2023. He currently serves as the Chief Technology Officer of JX Luxventure Appoints Mr. Zhang Chun Sheng as Director of Marketing JX Luxventure Limited (Nasdaq: JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on August 29, 2024, the Company has hired Mr. Zhang Chun Sheng as Director of Marketing. Individual investors account for 42% of Xunlei Limited's (NASDAQ:XNET) ownership, while private companies account for 42% Key Insights Significant control over Xunlei by individual investors implies that the general public has more power to... Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2024 SHENZHEN, China, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second quarter 2024 Financial Highlights: Total revenues were US$79.6 million, representing a decrease of 23.7% year-over-year. Cloud computing revenues were US$26.4 million, representing a decrease of 13.8% year-over-year Xunlei Limited Schedules 2024 Unaudited Second Quarter Earnings Release on August 13, 2024 SHENZHEN, China, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2024 before market opens on Tuesday, August 13, 2024. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management wi Xunlei (NASDAQ:XNET) Is Looking To Continue Growing Its Returns On Capital Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things... Xunlei Announces US$20 Million Share Repurchase Program SHENZHEN, China, June 04, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that the board of directors of the Company (the “Board”) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its ADSs or common shares over the next 12 months (the “2024 Share Repurchase Program”). The Board will review the 2024 Share Repurchas Xunlei First Quarter 2024 Earnings: EPS: US$0.056 (vs US$0.017 in 1Q 2023) Xunlei ( NASDAQ:XNET ) First Quarter 2024 Results Key Financial Results Revenue: US$80.0m (down 19% from 1Q 2023). Net... Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2024 SHENZHEN, China, May 16, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues were US$80.4 million, representing a decrease of 19.0% year-over-year. Cloud computing revenues were US$30.2 million, representing a decrease of 7.8% year-over-year. S Xunlei Limited Schedules 2024 Unaudited First Quarter Earnings Release on May 16, 2024 SHENZHEN, China, May 09, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2024 before market opens on Thursday, May 16, 2024 . The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management will Investors in Xunlei (NASDAQ:XNET) have unfortunately lost 70% over the last three years As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an... Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023 SHENZHEN, China, April 24, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 23, 2024. The annual report can be accessed on the Company’s investor relations website at http://ir.xunlei.com or the SEC’s website at www.sec Looking for the Next Google? Buy These 7 Tech Penny Stocks Many investors dream of getting in early on the next big tech startup that will turn into a behemoth like Google (NASDAQ:GOOG, NASDAQ:GOOGL) or Amazon (NASDAQ:AMZN). Finding and investing in the next unicorn company while it is still in its infancy would lead to almost unfathomable returns. However, picking winners is easier said than done. For every Google or Facebook, thousands of failed startups and penny stocks never amount to much. It’s like trying to find the proverbial needle in a haystac Performance Overview Trailing total returns as of 12/22/2024, which may include dividends or other distributions. Benchmark is MSCI WORLD Return XNET MSCI WORLD YTD +22.84% +17.48% 1-Year +17.06% +18.38% 3-Year -5.69% +18.11%