Xunlei

Xunlei declined sharply in regular trading on Tuesday, driven by its Q1 2026 net loss of $174.6 million, a net profit margin of -178%, and EPS plummeting 18,391% YoY, far exceeding market expectations. As of ET 09:41, the stock traded at $5.31, down from the open of $5.58, hitting an intraday low of $5.31 within 11 minutes after reaching a high of $5.595, a 5.1% range. Despite revenue growth of 54% YoY to $98.1 million and positive operating income of $4.3 million, the massive loss triggered selling. The stock is now 51.7% below its 52-week high of $11.03 and trading below both the 20-day MA of $5.68 and 60-day MA of $5.57, indicating technical weakness. However, a previously announced $20 million buyback program may provide some support.

Xunlei (XNET.US) rose about 5% intraday to a high of $5.5, driven by its recent $20M buyback plan and AI-related sentiment, despite Q1 revenue surging 54% YoY to $98.1M but net loss widening to $174.6M (EPS -$2.77). The stock remains 50% below its 52-week high of $11.03 and trades below both the 20-day ($5.688) and 60-day ($5.584) moving averages, suggesting a rebound within a downtrend. After dipping to $5.20 in pre-market, it opened higher and climbed steadily, though volume was thin at 31,760 shares.

XNET.US plunged sharply at the open, weighed down by deteriorating earnings. The latest regular session price of $5.620 marked a ~7.6% drop from the prior close of $6.080, hitting the intraday low immediately upon the opening bell. The stock's price now sits below its 60-day moving average of $5.69 and is nearly halved from its 52-week high of $11.03, with its YTD decline deepening to -22.59%. The massive loss expansion was the primary drag: Q1 2026 net loss widened to $174.6 million, a staggering 217-fold YoY surge, with an EPS of -$2.77. While revenue grew 54% YoY to $98.1 million, operating income of just $4.3 million offered little relief, leaving a net profit margin of -178%. However, post-market trading saw the stock recover to $6.071 on 5,696 shares, suggesting some speculative buying at the bottom.

XNET.US saw a single-session rally in regular trading on July 6, 2026, driven by the $20 million share buyback program announced after the previous close. The stock opened at $5.640 and surged to an intraday high of $5.941, gaining about 5.3%. The buyback plan announced on July 2 directly fueled buying sentiment. Financially, Q1 2026 revenue grew 53.95% YoY to $98.1 million, and operating income turned positive to $4.3 million, yet net loss widened to $174.6 million (YoY -21,729.75%), with EPS of -$2.77. At $5.941, the stock is 46.14% below its 52-week high of $11.03 but has recovered above its 20-day MA ($5.207) and is near the 60-day MA ($5.763). However, trading volume remained thin at only 4,432 shares.