What caused XNET's EPS to drop in Q2 2024?

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.