Brief: Xunlei Updates The Financial Guidance For The Third Quarter Of 2018

Xunlei

19/10/2018 12:08

Oct 19 (Reuters) - Xunlei Ltd  XNET.O :
    * XUNLEI UPDATES THE FINANCIAL GUIDANCE FOR THE THIRD
QUARTER OF
2018
    * SEES Q3 2018 REVENUE $43 MILLION TO $46 MILLION
    * TOTAL REVENUE FOR Q3 OF 2018 IS ESTIMATED TO BE BETWEEN
US$43
MILLION AND US$46 MILLION
    * Q3 REVENUE GUIDANCE ADJUSTMENT WAS MADE PRIMARILY DUE TO
LOWER
THAN EXPECTED ONETHING CLOUD HARDWARE SALES DURING OFF-PEAK
SEASON
    * AS OF END OF Q3, NEWLY EXPLORED CHANNELS HAD NOT YET
GENERATED
SIGNIFICANT SALES

Source text for Eikon:  ID:nGNX8m6nSM 
Further company coverage:  XNET.O 

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