Xunlei (NASDAQ:XNET) Announces Earnings Results

Xunlei (NASDAQ:XNET) posted its quarterly earnings results on Thursday. The software maker reported $0.07 EPS for the quarter, Zacks reports. Xunlei had a net margin of 202.62% and a return on equity of 4.50%. Xunlei updated its Q4 2025 guidance to EPS.

Xunlei Trading Down 3.3%

XNET stock traded down $0.27 during midday trading on Thursday, reaching $7.71. 546,813 shares of the company’s stock traded hands, compared to its average volume of 959,121. The business has a 50-day moving average price of $8.60 and a two-hundred day moving average price of $6.41. The company has a market capitalization of $482.59 million, a P/E ratio of 0.68 and a beta of 0.92. Xunlei has a fifty-two week low of $1.82 and a fifty-two week high of $11.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.10 and a quick ratio of 2.10.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on XNET. Wall Street Zen upgraded shares of Xunlei from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Weiss Ratings raised Xunlei from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Institutional Trading of Xunlei

Several large investors have recently added to or reduced their stakes in XNET. Walleye Capital LLC bought a new stake in shares of Xunlei during the second quarter worth approximately $51,000. Russell Investments Group Ltd. bought a new position in shares of Xunlei in the third quarter valued at about $153,000. NewEdge Advisors LLC boosted its holdings in Xunlei by 9,106.5% in the 1st quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker’s stock valued at $83,000 after purchasing an additional 18,213 shares during the period. Marshall Wace LLP bought a new position in Xunlei in the second quarter valued at approximately $219,000. Finally, Jane Street Group LLC lifted its stake in shares of Xunlei by 827.1% in the 2nd quarter. Jane Street Group LLC now owns 88,917 shares of the software maker’s stock valued at $360,000 after acquiring an additional 101,146 shares during the last quarter. 5.07% of the stock is currently owned by institutional investors and hedge funds.

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.