Xunlei (XNET) Reports Q4 Loss of $0.06

Go back to Xunlei (XNET) Reports Q4 Loss of $0.06

Xunlei Announces Unaudited Financial Results for the Fourth Quarter and the Fiscal Year Ended December 31, 2015

March 10, 2016 5:00 PM EST

Cloud computing revenues from Project Crystal increased 33.9% in the fourth quarter 2015Mobile internet revenues increased significantly (Xunlei recorded mobile advertising revenue for the first time)

SHENZHEN, China, March 10, 2016 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (Nasdaq: XNET), Chinas leading provider of acceleration products and services, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2015.

Mr. Sean Zou, Chairman and Chief Executive Officer of Xunlei, commented on the financial results: we are pleased to report significant progress on two important... More