Brief: Xunlei Reports Unaudited Q1 Financial Results

Xunlei

13/05/2019 11:19

May 13 (Reuters) - Xunlei Ltd  XNET.O :
    * XUNLEI ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST
QUARTER ENDED MARCH 31, 2019
    * Q1 REVENUE $41.3 MILLION
    * SEES Q2 2019 REVENUE $42 MILLION TO $46 MILLION
    * QTRLY SUBSCRIPTION REVENUES WERE $21.2 MILLION,
REPRESENTING AN
INCREASE OF 16.1% FROM PREVIOUS QUARTER
    * QTRLY GAAP LOSS PER SHARE FOR COMMON SHARES ATTRIBUTABLE
TO
CONTINUING OPERATIONS $0.0254
    * QTRLY NON-GAAP LOSS PER SHARE FOR COMMON SHARES
ATTRIBUTABLE TO
CONTINUING OPERATIONS $0.0212
    * AS OF MARCH 31, 2019, COMPANY HAD CASH, CASH EQUIVALENTS
AND
SHORT-TERM INVESTMENTS OF US$298.7 MILLION

Source text for Eikon:  ID:nGNX8WnzK8 
Further company coverage:  XNET.O 

 (Reuters.Briefs@thomsonreuters.com)