China's cloud services firm Xunlei posts higher Q3 revenue, profit on subscription growth

Reuters11-13
China's cloud services firm Xunlei posts higher Q3 revenue, profit on subscription growth

Overview

  • Xunlei Q3 2025 revenue grows 57.7% yr/yr, driven by strong business performance

  • Net income for Q3 2025 significantly increased due to investment gains

  • Company expects Q4 2025 revenue to grow quarter-over-quarter

Outlook

  • Xunlei forecasts Q4 2025 revenue between $131 mln and $139 mln

  • Company expects Q4 revenue to grow approximately 6.8% quarter-over-quarter

Result Drivers

  • SUBSCRIPTION GROWTH - Increase in subscriber numbers and higher average revenue per subscriber drove subscription revenue growth

  • LIVE-STREAMING EXPANSION - Growth in overseas audio live-streaming and advertising boosted live-streaming revenue

  • CLOUD COMPUTING DEMAND - Increased demand from major customers contributed to cloud computing revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$126.40 mln

Q3 Adjusted Net Income

$5.30 mln

Press Release: ID:nGNX4z7Npm

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment