Xunlei (NASDAQ:XNET) Issues Earnings Results

Xunlei (NASDAQ:XNET) issued its quarterly earnings data on Thursday. The software maker reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. Xunlei had a return on equity of 4.50% and a net margin of 202.62%.The company had revenue of $125.93 million during the quarter. Xunlei updated its Q4 2025 guidance to EPS.

Xunlei Stock Performance

Shares of XNET traded down $0.18 on Friday, reaching $7.63. 307,072 shares of the company’s stock traded hands, compared to its average volume of 957,336. Xunlei has a 52-week low of $1.82 and a 52-week high of $11.03. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $8.61 and its two-hundred day simple moving average is $6.42. The stock has a market cap of $477.02 million, a PE ratio of 0.67 and a beta of 0.92.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on XNET shares. Wall Street Zen raised shares of Xunlei from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Weiss Ratings upgraded Xunlei from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. UBS Group AG increased its position in shares of Xunlei by 144.4% in the third quarter. UBS Group AG now owns 526,637 shares of the software maker’s stock valued at $5,040,000 after acquiring an additional 311,112 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Xunlei in the third quarter worth about $2,146,000. Jane Street Group LLC raised its position in shares of Xunlei by 827.1% during the 2nd quarter. Jane Street Group LLC now owns 88,917 shares of the software maker’s stock valued at $360,000 after buying an additional 101,146 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Xunlei during the second quarter valued at approximately $219,000. Finally, BNP Paribas Financial Markets bought a new stake in Xunlei during the 3rd quarter valued at $214,000. Institutional investors own 5.07% of the company’s stock.

About Xunlei

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.