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Xunlei Q2 Adj. EPS $0.03 Down From $0.12 YoY, Sales $102.109M Up From $73.603M YoY

Aug 13, 2026, 10:01 AMBenzinga Newsdesk

Xunlei (NASDAQ:XNET) reported quarterly earnings of $0.03 per share. This is a 75 percent decrease over earnings of $0.12 per share from the same period last year. The company reported $102.109 million in sales this

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XNET
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Aug 13, 2026, 10:01 AM
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  1. Aug 14, 2026, 2:08 AMMotley Fool Transcribing

    Xunlei (XNET) Q2 2026 Earnings Call Transcript

    Xunlei reported Q2 2026 revenue of $102.7 million, up 38.9% year-over-year, driven by subscription and overseas audio live-streaming growth. However, the company posted an operating loss of $4.8 million and a net loss of $218.5 million, primarily due to fair value volatility in its Arashi Vision investment. Gross margins declined to 55.8% from 63% due to the lower-margin live-streaming business becoming a larger revenue component. The company initiated a $20 million share repurchase program and is working to reduce its 7.8% stake in Arashi Vision to comply with investment regulations.

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    XNET