Xunlei (XNET) Misses Q3 EPS by 6c

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Xunlei Announces Unaudited Financial Results for the Third Quarter 2014

November 25, 2014 5:00 PM EST

SHENZHEN, China, Nov. 25, 2014 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), China's leading provider of acceleration products and services, today announced its unaudited financial results for the quarter ended September 30, 2014.

Third Quarter 2014 Financial Summary

Total revenues were US$49.2 million, a 7.6% increase from the previous quarter and a 1.5% increase from the corresponding period in 2013. Subscription revenues were US$24.9 million, a 1.7% decrease from the previous quarter and an 8.4% increase from the corresponding period in... More