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Xunlei Limited (XNET) Q3 2024 Earnings Call Transcript Summary

Xunlei Limited (XNET) Q3 2024 Earnings Call Transcript Summary

迅雷有限公司 (XNET) 2024年第三季度 業績會 會議記錄摘要
富途資訊 ·  11/14 22:56  · 電話會議

The following is a summary of the Xunlei Limited (XNET) Q3 2024 Earnings Call Transcript:

以下是迅雷有限公司(XNET)2024年第三季度業績會會議記錄的摘要:

Financial Performance:

財務表現:

  • Total Q3 2024 revenues were $80.1 million, a decrease of 4.9% year-over-year.

  • Gross profit was $40.5 million with a gross margin of 50.5%, up from 44.6% year-over-year.

  • Subscription revenue grew 15.6% year-over-year to $33.2 million.

  • Cloud computing revenue decreased by 14.4% year-over-year to $25.3 million.

  • Live streaming and IVAS revenue decreased by 16.7% year-over-year to $21.6 million.

  • Net income remained stable at $4.4 million.

  • 2024年第三季度的總營業收入爲8010萬,同比下降4.9%。

  • 毛利潤爲4050萬,毛利率爲50.5%,高於去年同期的44.6%。

  • 訂閱收入同比增長15.6%,達到3320萬。

  • 雲計算服務商收入同比下降14.4%,達到2530萬。

  • 直播概念和IVAS收入同比下降16.7%,達到2160萬。

  • 淨利潤保持穩定,爲440萬。

Business Progress:

業務進展:

  • Expanded overseas operations in response to challenges in domestic markets.

  • Subscription business saw an increase in premium subscribers, which now account for 78% of total paying users.

  • Exploring further collaboration with a leading cell phone maker to pre-install Xunlei products on mobile phone browsers.

  • Evaluating options to stabilize the cloud computing business amid intense competition and regulatory challenges.

  • 針對國內市場的挑戰擴展境外業務。

  • 訂閱業務的優質訂閱用戶數增加,目前佔總付費用戶數的78%。

  • 探索與一家領先的電芯製造商進一步合作,在手機瀏覽器上預裝迅雷產品。

  • 評估期權以穩定雲計算服務商業務,應對激烈競爭和監管挑戰。

Opportunities:

機會:

  • Subscription growth driven by increased user engagement and loyalty.

  • Expansion in overseas markets, particularly in live streaming, to offset domestic downsizing.

  • Potential strategic partnerships with cell phone manufacturers for pre-installed software.

  • 訂閱增長得益於用戶數的增加和忠誠度的提高。

  • 在境外市場擴展,特別是在直播概念領域,以彌補國內業務縮減。

  • 與手機制造商建立潛在戰略合作關係,以預裝軟件。

Risks:

風險:

  • Decline in cloud computing and domestic live streaming revenues due to market competition and regulatory changes.

  • 由於市場競爭和監管變化,雲計算服務商和國內直播概念的營業收入下降。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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