Lates News

On May 15th, Xunlei announced its unaudited financial report for the first quarter ending on March 31, 2025. The total revenue for the first quarter was $88.8 million, a year-on-year increase of 10.5%; the revenue growth was mainly driven by the growth in revenue from membership services and overseas live broadcast services. The gross profit was $44.1 million, a year-on-year increase of 2.9%; the increase in gross profit was mainly due to the increase in gross profit generated by overseas live broadcast services and membership services. Based on Non-GAAP, the net profit for this quarter was $100,000.