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迅雷 XUNLEI Exhibit 99.1 XUNLEI ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31 , 2021 Shenzhen , China , May 20 , 2021 ( GLOBE NEWSWIRE ) - Xunlei Limited ( “ Xunlei ” or the “ Company ” ) ( Nasdaq : XNET ) , a leading innovator in shared cloud computing and blockchain technology in China , today announced its unaudited financial results for the first quarter ended March 31 , 2021 . First Quarter 2021 Financial Highlights : • Total revenues were US $ 53.3 million , representing an increase of 5.9 % from the previous quarter . • Cloud computing and other internet value - added services ( " Cloud computing and other IVAS ” ) revenues were US $ 27.3 million , representing an increase of 5.7 % from the previous quarter . • Subscription revenues were US $ 22.1 million , representing an increase of 6.9 % from the previous quarter . • • • • Online advertising revenues ( consisting primarily of revenues from mobile advertising ) were US $ 3.9 million , representing an increase of 2.4 % from the previous quarter . Gross profit was US $ 28.6 million , representing an increase of 6.7 % from the previous quarter , and gross margin was 53.7 % in the first quarter , compared with 53.3 % in the previous quarter . Net income was US $ 6.8 million in the first quarter , compared with a net income of US $ 4.6 million in the previous quarter , representing an increase of 45.4 % from the previous quarter . Non - GAAP net income was US $ 7.4 million in the first quarter of 2021 , compared with US $ 4.8 million in the previous quarter , representing an increase of 52.4 % from the previous quarter . Diluted earnings per ADS was approximately US $ 0.10 as compared with US $ 0.07 in the previous quarter . Mr. Jinbo Li , Chairman and Chief Executive Officer of Xunlei , stated that " We are delighted with our solid financial and operating results for the first quarter of 2021 , following a turnaround performance for the fourth quarter of 2020. We are especially encouraged that all the major performance measures showed sequential improvement . Revenue growth for all our major product lines combined with controlled expenses led to a 45.4 % increase in net income in the first quarter of 2021 as compared with the previous quarter . " " Going forward , we intend to focus on two main areas for sustainable corporate development . First , we'll remain focused on enhancing our core product offerings to provide our customers with top - notch digital experience while tapping into strategic areas with significant growth potential . And second , relying on our years of experience and in - depth expertise in decentralized computing and P2SP ( Peer to Server and Peer ) network technologies , we will continue to explore potential high - impact products and services in the sector and endeavor to become part of the innovative forces to influence the future trend of the internet industry . We are committed to creating value for our shareholders . " First Quarter 2021 Financial Results Total Revenues Total revenues were US $ 53.3 million , representing an increase of 5.9 % from the previous quarter . The increase in total revenues was mainly attributable to increased revenues from cloud computing and subscription services . Revenues from cloud computing and other IVAS were US $ 27.3 million , representing an increase of 5.7 % from the previous quarter . The cloud computing revenue was US $ 21.0 million , representing a 10.9 % sequential increase . The increased cloud computing revenues were mainly driven by increased demand for our shared cloud computing services .