Xunlei Limited provided earnings guidance for the fourth quarter of 2023. For the period, the company expects revenues to be between USD 70 million and USD 75 million, and the midpoint of the range represents a quarter-over-quarter decrease of approximately 8.6%. The decline is due to the impact of the downsizing of domestic live streaming businesses whereas the operations of subscription and cloud computing businesses are not affected.

This estimate represents management's preliminary view as of the date of this press release, which is subject to change and any change could be material.