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itlē XUNLEI Exhibit 99.1 XUNLEI ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30 , 2021 Shenzhen , China , August 12 , 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 second quarter ended June 30 , 2021 . Second Quarter 2021 Financial Highlights : • Total revenues were US $ 55.2 million , representing an increase of 3.6 % from the previous quarter . • • • • • Cloud computing and other internet value - added services ( “ Cloud computing and other IVAS ” ) revenues were US $ 28.9 million , representing an increase of 5.8 % from the previous quarter . Subscription revenues were US $ 22.7 million , representing an increase of 3.0 % from the previous quarter . Online advertising revenues ( consisting primarily of revenues from mobile advertising ) were US $ 3.5 million , representing a decrease of 8.7 % from the previous quarter . Gross profit was US $ 29.0 million , representing an increase of 1.2 % from the previous quarter , and gross margin was 52.5 % in the second quarter , compared with 53.7 % in the previous quarter . Net income was US $ 5.8 thousand in the second quarter , compared with a net income of US $ 6.8 million in the previous quarter . • Non - GAAP net income was US $ 1.3 million in the second quarter of 2021 , compared with US $ 7.4 million in the previous quarter . • Diluted earnings per ADS was approximately US $ 0.00005 as compared with a diluted earnings per ADS of US $ 0.10 in the previous quarter . Mr. Jinbo Li , Chairman and Chief Executive Officer of Xunlei , stated that " We met our revenue guidance and delivered total revenues of US $ 55.2 million for the second quarter of 2021 , with growth primarily in our live streaming and subscription businesses . I'm especially pleased that our subscription membership has been relatively stable for the last twelve months and more and more members are opting for our premium services . " " Despite the recent high volatility in the capital market , we are maintaining normal operations with a strong balance sheet . We intend to proactively review our businesses and ensure our operations are in compliance with the evolving regulatory requirements that are applicable to us . We have entered the last phase of completing our headquarters and research center under construction . Further , we are forging cooperation with a leading domestic university to develop key technologies for big data asset management based on decentralized networking technology , and will continue to invest in new products and services and explore other strategic growth opportunities . " Second Quarter 2021 Financial Results Total Revenues Total revenues were US $ 55.2 million , representing an increase of 3.6 % from the previous quarter . The increase in total revenues was mainly attributable to increased revenues from live streaming and subscription businesses . Revenues from cloud computing and other IVAS were US $ 28.9 million , representing an increase of 5.8 % from the previous quarter . The increase was mainly driven by increased other IVAS revenue .