Xunlei (XNET) Set to Announce Quarterly Earnings on Thursday

Xunlei (NASDAQ:XNET) will post its quarterly earnings results before the market opens on Thursday, November 14th. Individual that wish to listen to the company’s conference call can do so using this link.

Xunlei (NASDAQ:XNET) last announced its quarterly earnings data on Tuesday, August 13th. The software maker reported $0.04 EPS for the quarter. The business had revenue of $79.33 million during the quarter. Xunlei had a return on equity of 4.47% and a net margin of 4.52%.

Xunlei Stock Performance

Xunlei stock opened at $2.10 on Wednesday. The stock has a fifty day moving average price of $1.88 and a 200 day moving average price of $1.76. The company has a current ratio of 2.70, a quick ratio of 2.68 and a debt-to-equity ratio of 0.04. Xunlei has a 52 week low of $1.42 and a 52 week high of $2.41. The firm has a market capitalization of $133.71 million, a P/E ratio of 9.13 and a beta of 1.07.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Xunlei from a “buy” rating to a “hold” rating in a report on Tuesday.

Xunlei Company Profile

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.