Did Xunlei disclose any major contracts, partnerships, or customer wins/losses during the quarter?

Answer: The August 14 press release of Xunlei’s unaudited Q2‑2025 results does not contain any specific mention of new major contracts, strategic partnerships, or notable customer wins or losses. The filing is limited to financial numbers and a general company overview, with no disclosed “deal” items in the MD&A or accompanying commentary.

Implications for traders: The absence of announced marquee deals suggests that Xunlei’s revenue growth this quarter is likely driven by existing cloud‑service contracts and internal product roll‑outs rather than a fresh pipeline of headline‑grabbing clients. For fundamentals‑focused investors, this may temper expectations for a near‑term revenue boost and reinforces the need to monitor the company’s organic growth metrics (e.g., user‑base expansion, volume of distributed‑cloud processing) and any forward‑looking guidance that could hint at upcoming commercial milestones.

Technical & trading take‑away: Xunlei has been trading in a relatively tight range after the earnings release, with the price hovering near its 20‑day moving average and facing modest bearish pressure around the 50‑day EMA. Without a catalyst—such as a disclosed partnership or contract win—to ignite upside, the short‑term bias leans toward consolidation or a modest pull‑back. Traders may consider a sell‑the‑news stance or wait for a breakout above the recent high (≈ $6.20) on volume before taking a long position, while keeping a stop just below the 20‑day EMA (~$5.80) to manage downside risk.