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Xunlei Limited, Revenue Growth and Analysts Target Price

NEW YORK, NY / ACCESSWIRE / October 25, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Xunlei Limited (XNET), a leading cloud-based acceleration technology company in China. It operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content through its core products and services, Xunlei Accelerator, and the cloud acceleration subscription services.

Xunlei stock has seen significant volatility and appreciation in the recent past. More importantly, after the company reported second-quarter results in August, shares have increased by more than 25%.

Xunlei is increasingly extending into mobile devices, in part through potentially pre-installed acceleration products in mobile phones. Benefitting from the large user base accumulated by Xunlei Accelerator, Xunlei has further developed various value-added services to meet a fuller spectrum of its users' digital media content access and consumption needs.

Get details about XNET's revenue growth, company guidance, and analysts target price READ MORE

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/xunlei-limited/

The company's total revenue in its most recent quarter was up 8.9%, Xunlei CEO Lei Chen said he was particularly pleased to deliver solid progress in the second quarter, particularly in cloud computing and mobile advertising business. Receipt of a value-added telecommunications services license additionally covering CDN services issued by the Ministry of Industry and Information Technology of the People's Republic of China is a further testimony of the potential viability of its technology and regulatory support.

What is the outlook for XNET, a Q2 financial review, and technical data here READ MORE

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/xunlei-limited/

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