Xunlei (XNET) Q2 FY26 earnings call

Xunlei reported strong top-line growth in Q2 FY26, driven by its consumer-centric strategy, with subscription and overseas live streaming businesses showing significant year-over-year revenue increases. Despite a shift in revenue mix impacting gross margin and leading to an operating loss, the company initiated a $20 million share repurchase program to reinforce market confidence. Management remains focused on balancing growth with profitability, emphasizing core product innovation and international market expansion.