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0 0.00389408099688479 0.00623052959501558 0.015576323987539 0.0194704049844237 0.0358255451713396 0.0233644859813085 0.0295950155763241
Stock impact report

Xunlei Q4 Earnings Call Highlights [Yahoo! Finance]

Xunlei Limited - American Depositary Shares (XNET) 
US:NASDAQ Investor Relations: ir.xunlei.com
Company Research Source: Yahoo! Finance
revenue of $143.3 million (+70% YoY) and full-year revenue of $462.4 million (+42.5%), driven primarily by expansion in subscriptions and overseas live streaming (helped by the Hupu acquisition). Cloud computing rebounded sharply—Q4 cloud revenue rose 102.7% to $46.1 million and full-year cloud revenue was $137.4 million (+31.4%)—and Xunlei sold 50% of Onething to Kingsoft Cloud to sharpen strategic focus while retaining a minority stake and redeploying proceeds to core businesses and R&D. Profitability was mixed: the company recorded a GAAP net loss of $228.9 million in Q4 mainly from a $232.6 million fair-value hit on its Arashi Vision investment, although non-GAAP Q4 net income was $4.8 million and FY GAAP net income was about $1.05 billion; gross margin fell to 43% due to a higher mix of lower-margin streaming and cloud revenue. Interested in Xunlei Limited? Here are five stocks we like better. Xunlei (NASDAQ:XNET) executives highlighted what they described as a “transform Show less Read more
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