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).
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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