Xunlei Announces Q4 and 2019 Fiscal Year Financial Results
by investingnews 2020-03-13
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source: http://finance.sina.com.cn/

Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2019. 


As quoted in the press release:


Fourth Quarter 2019 Financial Highlights:


Total revenues were US$48.3 million, representing an increase of 10.2% from the previous quarter.


Cloud computing and other internet value-added services (“Cloud computing and IVAS”) revenues were US$24.6 million, representing an increase of 18.0% from the previous quarter.


Subscription revenues were US$19.8 million, representing an increase of 2.9% from the previous quarter.


Online advertising revenues (consisting primarily of revenues from mobile advertising) were US$3.9 million, representing an increase of 3.9% from the previous quarter.