24/7 Market News Snapshot 14 August, 2025 – Xunlei Limited (NASDAQ:XNET)

August 14, 2025

DENVER, Colo., 14 August, 2025 (www.247marketnews.com) – (NASDAQ:XNET) are discussed in this article.
Xunlei Limited (NASDAQ:XNET) has demonstrated impressive market activity, marked by a notable bullish surge, with the stock opening at $4.87 and currently trading up approximately 16.81% at $5.233. This upward movement follows a closing price of $4.48 in the previous session, indicating a reinvigorated interest from investors. A significant trading volume of 586.58K highlights heightened market engagement, suggesting strong investor support and possible further price appreciation if momentum continues. Analysts are recommending close monitoring of the stock for potential breakouts, particularly as it now trades above previous resistance levels, with a critical support point identified at $5.

In addition to the positive stock performance, Xunlei has announced impressive financial results for the second quarter of 2025, with total revenues reaching $104 million—a remarkable year-over-year increase of 30.6%. This growth is primarily driven by a surge in revenues from live-streaming and other services, which experienced an 85.5% rise to $37.6 million. Subscription revenues have also expanded by 10.5% to $36.4 million, attributed to an increase in subscriber numbers and higher average revenue per user.

Chairman and CEO Mr. Jinbo Li emphasized the significance of this quarter’s achievements, which include the strategic acquisition of Hupu and the IPO of an investee company. The core businesses’ remarkable growth, supported by innovative product enhancements and targeted marketing efforts, has strengthened connections with a growing user base. Additionally, Xunlei reported a substantial net income of $727.4 million for the quarter, largely fueled by unrealized pre-tax gains from an investment in Arashi Vision Inc. Looking forward, the company anticipates third-quarter revenues between $116 million and $124 million, underscoring its commitment to ongoing innovation and enhancing shareholder value.

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