Xunlei Limited (NASDAQ:XNET) is set to announce second quarter earning results on Tuesday 25th August 2020, before market open.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 42.00 million ~ $ 47.00 million
Click Here For More Historical Outlooks Of Xunlei Limited
Previous Quarter Performance
Xunlei Limited reported loss for the first quarter of $ 0.08 per share, from the revenue of $ 48.22 million.
Stock Performance
Shares of Xunlei Limited traded high $ 0.11 or 2.84 percent on Monday, reaching $ 3.99 with volume of 328.20 thousand shares. Xunlei Limited has traded high as $ 3.99 and has cracked $ 3.81 on the downward trend
According to the previous trading day, closing price of $ 3.99, representing a 80.47 % increase from the 52 week low of $ 2.15 and a 46.11 % decrease over the 52 week high of $ 7.20.
The company has a market capital of $ 271.17 million and is part of the Technology sector and Software – Application industry.
Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the Peoples Republic of China. The companys platform is based on cloud computing that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel.
