What caused XNET's EPS to drop in Q2 2024?
4/5/2025 03:25pm
The decrease in Xunlei's (XNET) EPS in Q2 2024 can be attributed to **Revenue Decline**.
Xunlei's Total Revenue for Q2 2024, was $79.33 million. Although the company's revenue remained stable compared to the previous quarter, the overall revenue was not enough to support the earnings per share (EPS) due to the high operational costs and expenses that the company incurred during the period.
|code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|XNET|XNET.O|Xunlei|2023 Q3|8.3949E7|0.0134|185|
|XNET|XNET.O|Xunlei|2023 Q4|7.6856E7|0.0114|185|
|XNET|XNET.O|Xunlei|2024 Q1|7.998E7|0.0112|185|
|XNET|XNET.O|Xunlei|2024 Q2|7.9333E7|0.0086|185|