Overview

* Xunlei ( XNET ) Q2 revenue rises 30.6% yr/yr to $104 mln

* Net income surges to $727.4 mln, driven by investment gains

* Subscription, live-streaming, and cloud computing businesses show robust growth

Outlook

* China's peer-to-peer file sharing software maker estimates Q3 2025 revenue between $116 mln and $124 mln

Result Drivers

* LIVE-STREAMING GROWTH - Revenues from live-streaming and other services surged 85.5% yr/yr, driven by overseas audio live-streaming and advertising business growth post-Hupu acquisition

* SUBSCRIPTION REVENUE - Subscription revenue rose 10.5% yr/yr, attributed to increased subscribers and higher average revenue per subscriber due to more premium subscribers

* CLOUD COMPUTING DEMAND - Cloud computing revenues increased 13.6% yr/yr, driven by heightened demand from major customers

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $104 mln

Revenue

Q2 $8.30

Adjusted mln

Net

Income

Q2 Net $727.40

Income mln

Q2 Gross $51.20

Profit mln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)