Simply Wall Street Earnings
Xunlei (XNET) Stock Faces Profit Shock From Investment Loss
Xunlei (XNET) experienced a significant profit shock in Q2 2026, primarily due to a large mark-to-market loss on an investment, despite revenue momentum from subscriptions and overseas audio live streaming. The company reported a net loss of US$218.4 million, a sharp decline from a profit in the prior year, leading to a substantial loss per share. While core …