Xunlei First Quarter 2023 Earnings: EPS: US$0.017 (vs US$0.081 in 1Q 2022)

Xunlei (NASDAQ:XNET) First Quarter 2023 Results

Key Financial Results

• Revenue: US$98.9m (up 26% from 1Q 2022).

• Net income: US$1.13m (down 79% from 1Q 2022).

• Profit margin: 1.1% (down from 6.9% in 1Q 2022). The decrease in margin was driven by higher expenses.

• EPS: US$0.017 (down from US$0.081 in 1Q 2022).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Xunlei shares are up 2.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Xunlei's balance sheet and an in-depth analysis of the company's financial position.

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