Xunlei Limited (XNET) Getting Somewhat Favorable News Coverage, Report Shows
News articles about Xunlei Limited (NASDAQ:XNET) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xunlei Limited earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 47.2730324398261 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, BidaskClub raised Xunlei Limited from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th.
Xunlei Limited (NASDAQ XNET) opened at 4.40 on Friday. Xunlei Limited has a 1-year low of $3.11 and a 1-year high of $5.66.
Xunlei Limited (NASDAQ:XNET) last released its earnings results on Wednesday, August 16th. The software maker reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of $41.52 million during the quarter. Xunlei Limited had a negative net margin of 19.18% and a negative return on equity of 7.62%. Equities research analysts forecast that Xunlei Limited will post $0.35 earnings per share for the current fiscal year.
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Xunlei Limited Company Profile
Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.
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