Brief: Xunlei Reports Q4 Revenue $48.3 Million

Xunlei

12/03/2020 10:27

March 12 (Reuters) - Xunlei Ltd  XNET.O :
    * XUNLEI ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE
FOURTH
QUARTER AND THE FISCAL YEAR ENDED DECEMBER 31, 2019
    * Q4 REVENUE $48.3 MILLION
    * SEES Q1 2020 REVENUE $47 MILLION TO $51 MILLION
    * QTRLY DILUTED LOSS PER ADS WAS US$0.27
    * IMPAIRMENT OF ASSETS, NET FOR Q4 WAS A CREDIT BALANCE OF
US$0.1
MILLION
    * FOR Q1 OF 2020, XUNLEI ESTIMATES TOTAL REVENUES TO BE
BETWEEN
US$47 MILLION AND US$51 MILLION
    * CORONAVIRUS SITUATION IS EVOLVING, AND BUSINESS VISIBILITY
IS
VERY LIMITED

Source text for Eikon:  ID:nGNX1fNBrf 
Further company coverage:  XNET.O 

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