Xunlei (XNET) Reports Q2 EPS of $0.08, Offers Q3 Rev. Guidance

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Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2015

August 12, 2015 5:00 PM EDT

SHENZHEN, China, Aug. 12, 2015 (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 second quarter ended June 30, 2015.

Second Quarter 2015 Financial Summary (results presented herein exclude Xunlei Kankan, discontinued operations, unless specified otherwise1)

Total revenues were US$31.2 million, a 3.2% increase from the previous quarter, and a 6.3% decrease from the corresponding period of last year. Subscription revenues were US$21.0 million, a 0.8%... More