Xunlei's third-quarter revenue reached $101.3 million, marking a 12.9% year-on-year increase.
智通财经2026/11/12 10:36Show original
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Xunlei (XNET) released its unaudited financial report for the third quarter ended September 30, 2026. Total revenue for this quarter was $101.3 million, an increase of 12.9% year-on-year; gross profit was $56.5 million, an increase of 1.6% year-on-year; and gross margin was 55.7%. Xunlei Chairman and CEO Jinbo Li stated: “In the third quarter of 2026, we remained committed to our core strategy focused on ToC business, and total revenue continued to grow, with a year-on-year increase of 12.9%. Among them, membership revenue grew by 8.5%, and revenue from live streaming and other services grew by 16.6%. Our core business demonstrated strong resilience. As of the end of this quarter, we have spent $13.8 million to repurchase 2.7 million shares. In addition, the board of directors has today approved a new $20 million share repurchase program, further demonstrating management's strong confidence in the company's intrinsic value and long-term development.”
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