Xunlei (NASDAQ: XNET)
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Xunlei Return vs. S&P
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Xunlei Company Info
Xunlei Ltd. is a holding company, which provides shared cloud computing and blockchain technology services. It provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient internet experience. The company was founded by Sheng Long Zou and Hao Cheng in December 2002 and is headquartered in Shenzhen, China.
News & Analysis
The Chinese tech company reported earnings and a writedown of an equity investment.
China's president had some positive things to say about blockchain technology.
Xunlei's cloud business is evaporating, and it's not clear what's next for the company.
Has the cloud and blockchain services company gotten its groove back?
Revenue is falling off a cliff.
With its cryptocurrency ambitions abandoned and its cloud business evaporating, things look bleak for Xunlei.
After climbing nearly 300% in 2017, Xunlei stock is down roughly 70% this year -- and its cloud business appears to be evaporating.
Xunlei closed the door on its cryptocurrency last month, and the stock is now down nearly 60% year to date.
Valuation
Earnings Transcripts
XNET earnings call for the period ending September 30, 2020.
XNET earnings call for the period ending June 30, 2020.
XNET earnings call for the period ending March 31, 2020.
XNET earnings call for the period ending December 31, 2019.
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