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Tue, 09 Apr 2024 12:23:00 +0000	Looking for the Next Google? Buy These 7 Tech Penny Stocks Many investors dream of getting in early on the next big tech startup that will turn into a behemoth like Google (NASDAQ:GOOG, NASDAQ:GOOGL) or Amazon (NASDAQ:AMZN). Finding and investing in the next unicorn company while it is still in its infancy would lead to almost unfathomable returns. However, picking winners is easier said than done. For every Google or Facebook, thousands of failed startups and penny stocks never amount to much. It’s like trying to find the proverbial needle in a haystac
Fri, 15 Mar 2024 19:00:36 +0000	Xunlei Limited (NASDAQ:XNET) Q4 2023 Earnings Call Transcript Xunlei Limited (NASDAQ:XNET) Q4 2023 Earnings Call Transcript March 14, 2024 Xunlei Limited isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome, ladies and gentlemen, and thank you for your patience. You’ve joined Xunlei’s Fourth Quarter and Fiscal Year 2023 […]
Thu, 14 Mar 2024 10:00:00 +0000	Xunlei Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results SHENZHEN, China, March 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 fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights: Total revenues were US$77.1 million, a decrease of 20.4% year-over-year. Cloud computing revenues were US$30.5 million, a decrease of 4.4% year-over-year. Subscr
Tue, 12 Mar 2024 10:13:35 +0000	While private equity firms own 39% of Xunlei Limited (NASDAQ:XNET), retail investors are its largest shareholders with 45% ownership Key Insights The considerable ownership by retail investors in Xunlei indicates that they collectively have a greater...
Thu, 07 Mar 2024 12:00:00 +0000	Xunlei Limited Schedules 2023 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 14, 2024 SHENZHEN, China, March 07, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 on March 14, 2024 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei
Tue, 02 Jan 2024 12:41:00 +0000	H World Group Limited Announces the Change of Officers SHANGHAI, China, Jan. 02, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that Ms. Jihong He will step down as the chief financial officer of the Company and serve as the chief strategy officer of the Company, effective from January 2, 2024. Mr. Jun Zou, the executive vice president of the Company, has been appointed as the chief financial officer of the Company, effective from t
Wed, 15 Nov 2023 14:57:21 +0000	Xunlei Limited (NASDAQ:XNET) Q3 2023 Earnings Call Transcript Xunlei Limited (NASDAQ:XNET) Q3 2023 Earnings Call Transcript November 14, 2023 Operator: Welcome, ladies and gentlemen, and thank you for your patience. You joined Xunlei’s 2023 Third Quarter 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 […]
Tue, 14 Nov 2023 11:00:00 +0000	Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2023 SHENZHEN, China, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights: Total revenues were US$84.2 million, a decrease of 4.6% year-over-year. Cloud computing revenues were US$29.5 million, an increase of 1.4% year-over-year. Subscription rev
Tue, 07 Nov 2023 12:00:00 +0000	Xunlei Limited Schedules 2023 Unaudited Third Quarter Earnings Release on November 14, 2023 SHENZHEN, China, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2023 on November 14, 2023 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management
Tue, 19 Sep 2023 10:47:56 +0000	Returns Are Gaining Momentum At Xunlei (NASDAQ:XNET) If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Fri, 01 Sep 2023 12:00:00 +0000	Xunlei Announces Changes of Board of Directors SHENZHEN, China, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced the resignation of Mr. Sean Shenglong Zou and Mr. Hui Duan as directors of the Company for personal reasons from August 31, 2023. Mr. Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated “On behalf of the board of directors and the management of the Company, I wish to express my appreciation of
Wed, 23 Aug 2023 10:19:59 +0000	While private equity firms own 39% of Xunlei Limited (NASDAQ:XNET), individual investors are its largest shareholders with 45% ownership Key Insights Significant control over Xunlei by individual investors implies that the general public has more power to...
Tue, 15 Aug 2023 10:00:00 +0000	Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2023 SHENZHEN, China, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights: Total revenues were US$104.3 million, an increase of 33.3% year-over-year. Cloud computing revenues were US$30.7 million, an increase of 8.2% year-over-year. Subscription rev
Tue, 08 Aug 2023 12:00:00 +0000	Xunlei Limited Schedules 2023 Unaudited Second Quarter Earnings Release on August 15, 2023 SHENZHEN, China, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2023 on August 15, 2023 before market open. 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 h
Tue, 13 Jun 2023 12:00:00 +0000	Xunlei Updates Second Quarter Revenue Guidance SHENZHEN, China, June 13, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced an update to its revenue guidance for the second quarter of 2023 after fully assessing the impact of the downsizing of the Company’s domestic live streaming business, which was previously announced by the Company on May 22, 2023. Based on information available as of the date of this press re
Tue, 06 Jun 2023 12:00:00 +0000	Xunlei Announces $20 million Share Repurchase Program SHENZHEN, China, June 06, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the board of directors of the Company (the “Board”) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its shares over the next 12 months (the “2023 Share Repurchase Program”). The Board will review the 2023 Share Repurchase Program
Mon, 22 May 2023 12:00:00 +0000	Xunlei Downsizes its Domestic Live Streaming Business SHENZHEN, China, May 22, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that it is taking proactive measures to adjust certain business operations. Particularly, the Company is downsizing its domestic audio live streaming operations due to lower gross margin of such business and the rapidly evolving and challenging industry environment. As a result of this change
Fri, 19 May 2023 10:19:01 +0000	Xunlei First Quarter 2023 Earnings: EPS: US$0.017 (vs US$0.081 in 1Q 2022) Xunlei ( NASDAQ:XNET ) First Quarter 2023 Results Key Financial Results Revenue: US$98.9m (up 26% from 1Q 2022). Net...
Wed, 17 May 2023 17:27:21 +0000	Xunlei Limited (NASDAQ:XNET) Q1 2023 Earnings Call Transcript Xunlei Limited (NASDAQ:XNET) Q1 2023 Earnings Call Transcript May 16, 2023 Operator: Welcome, ladies and gentlemen, and thank you for your patience. You’ve joined Xunlei’s 2023 First Quarter Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to turn the call over to the host, Investor […]
Tue, 16 May 2023 10:00:00 +0000	Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2023 SHENZHEN, China, May 16, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: Total revenues were US$99.2 million, an increase of 25.5% year-over-year. Cloud computing revenues were US$32.7 million, an increase of 8.2% year-over-year. Subscription revenu