SHENZHEN, China, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has appointed JPMorgan Chase Bank, N.A. (“J.P. Morgan”) as the successor depositary for the Company’s American Depositary Receipt (the “ADR”) program, effective from December 31, 2024. The Company has also entered into an amended and restated deposit agreement with J.P. Morgan to replace the previous ...

Xunlei Limited (NASDAQ: XNET ) is likely to end 2024 on a positive note with gains for the year, building on the turnaround in the stock following the bottom in late 2022, but there is no getting around the fact thatWelcome to my author's site. As an avid follower of SeekingAlpha, I take great interest in articles posted as the subject matter is often something that appeals to me. However, I will sometimes encounter an article that I might not agree with. My purpose is to present an alternative view to read ...

Xunlei Limited (NASDAQ:XNET) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Luhan Tang – Manager-Investor Relations Jinbo Li – Chairman and Chief Executive Officer Eric Zhou – Chief Financial Officer Conference Call Participants Operator Welcome ladies and gentlemen, and thank you for your patience. You’ve joined Xunlei’s Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. Please be advised that today’s conference has been ...

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-year. Subscrip ...

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 also serve as a ...

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 will host a ...

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 Beijing Itu ...

Xunlei Limited (NASDAQ:XNET) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Luhan Tang - IR Manager Jinbo Li - Chairman and CEO Naijiang Zhou - CFO Conference Call Participants Unidentified Analyst - Operator Welcome, ladies and gentlemen and thank you for your patience. You joined Xunlei Second Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. Please be advised that today's conference is being recorded. I would now like to tur ...

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. Subscripti ...

Call End: Xunlei Limited (NASDAQ:XNET) Q1 2024 Earnings Call Transcript May 16, 2024 08:00 AM ET Company Participants Luhan Tang - Investor Relations Manager Jinbo Li - Chairman and Chief Executive Officer Eric Zhou - Chief Financial Officer Conference Call Participants Operator Welcome, ladies and gentlemen, and thank you for your patience. You've joined Xunlei's First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today's conference ...