Xunlei (XNET) Reports Q3 Loss of $0.05/ADS; New co-CEO Appointed

Go back to Xunlei (XNET) Reports Q3 Loss of $0.05/ADS; New co-CEO Appointed

Xunlei Announces Unaudited Quarterly Results and Appoints Co-Chief Executive Officer

November 18, 2015 5:00 PM EST

- Project Crystal Achieving First Time Revenues From Sales of Crowd-Sourced Bandwidth

- Total Revenues of US$33.5 Million Exceeding High End of Guidance Range

SHENZHEN, China, Nov. 18, 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 third quarter ended September 30, 2015 and the appointment of Mr. Lei Chen, its Chief Technology Officer, as the Co-Chief Executive Officer of the Company.

Third Quarter 2015 Financial Highlights (results presented herein exclude Xunlei Kankan, discontinued... More

Xunlei Announces Unaudited Quarterly Results and Appoints Co-Chief Executive Officer

November 18, 2015 5:00 PM EST

- Project Crystal Achieving First Time Revenues From Sales of Crowd-Sourced Bandwidth

- Total Revenues of US$33.5 Million Exceeding High End of Guidance Range

SHENZHEN, China, Nov. 18, 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 third quarter ended September 30, 2015 and the appointment of Mr. Lei Chen, its Chief Technology Officer, as the Co-Chief Executive Officer of the Company.

Third Quarter 2015 Financial Highlights (results presented herein exclude Xunlei Kankan, discontinued... More