Xunlei reports Q3 EPS 9c vs. 8c last year

Reports Q4 revenue $126.4M vs. $104.0M last year. “We are pleased to report that our third-quarter financial results exceeded the upper end of our guidance, with the total revenues reaching US$126.4 million, representing a 57.7% year-over-year increase driven by robust performance across all major business operations. Additionally, consistent with the previous quarter, a significant contributor to our bottom-line performance was the unrealized pre-tax gains from our investment in Arashi Vision Inc., which amounted to approximately US$545.8 million in the third quarter and is expected to drastically enhance our balance sheet and provide strategic leverage as we explore new opportunities for business expansion, research and development, and potential industry collaborations,” commented by Mr. Jinbo Li, Chairman and CEO of Xunlei (XNET). “We will remain committed to maintaining operational discipline while sustaining investments in key strategic areas to drive long-term growth and deliver enduring value to our shareholders.”