first you, with our everyone, conference revenue for Thank earnings and financial fiscal through you, Luhan. fourth report and the quarter our XXXX year of I Xunlei's guidance thank joining for details results call. go now will Hello, and quarter million total from revenues streaming in $XX the of the live cloud was XX% businesses. increase to or XXXX. from previous Total our X.X% computing mainly increase increased and revenues revenues quarter. attributable were The of
previous our Revenues demand cloud Revenues from increased the The mainly increase computing plus due X.X% from major of dollar. of R&D mainly from average the lower due representing computing revenues $XX.X and to against of subscriptions customers were revenues $XX.X million of was an from increase was services. in revenue million, quarter subscription depreciation the U.S. X.X% quarter. were previous to the subscriber a for quarter. of fourth decrease cloud from decrease The previous per computing
of quarter as compared in number RMBXX.X XXXX, September business as $X.XX activities the quarter. due was quarter. subscribers XX, out revenue December subscription more our with The XX, was for was of carried of XXXX. million The to the average RMBXX.X for million average subscriber X.X fourth compared fourth with lower subscriber The revenue during million promotional previous per per the
increase the monetization IVAS products IVAS XX.X% streaming Revenues the live were from live revenues live The enhanced streaming increased our and from of quarter. and driven was previous other $XX.X of by million, and by representing mainly for streaming capability. increase demand other our an
The of total revenues were with was compared of cost revenues streaming XX.X% of of revenues previous our the mainly quarter. the Cost our $XX.X million, the million of to cloud computing increased attributable in $XX total services. representing increased or revenues live sales XX.X% and
quarter. compared million, revenues XX.X% $XX.X with due increased costs as XX.X% were of increase The or costs our revenues to total total the $XX.X our bandwidth Bandwidth cloud services. previous included was representing demand of of for in the in computing in cost million mainly revenues
XXXX revenue costs and consisted for its and of our quarter. an to increase of related profit of $XX.X representing X.X% was the for million, the other the cost equipment’s. of sharing depreciation business live The costs quarter from remaining fourth Gross previous servers revenues mainly streaming of
which decrease gross Gross to margin driven the margin in compared quarter profit The mainly the margin. streaming quarter. in portion fourth in due XX.X% businesses. of gross gross our live The previous revenues, gross profit decrease profit was increased a was lower in of computing profit cloud total was XX.X% with increase mainly has profit by the in and live revenues to streaming the rapidly
million, of our XX.X% development the quarter. quarter of and for expenses or with previous revenues the fourth $XX.X XX.X% our representing in total were Research total million revenues $XX.X compared
total and quarter. business revenues activities our with Sales in due marketing revenues fourth as user our live previous represented were or to $X.X subscription and million expenses continued quarter for of marketing total X.X% the the was during a acquisition of for $X.X more quarter held X.X% our streaming efforts. primarily this increase The million result our of compared
million, primarily $X.X to total of were previous revenues X.X% our with in revenues million $X.X for G&A expenses total due fourth increase quarter expenses compensation the or The quarter. XX.X% our quarter. the was during shared-based the increase in representing of the compared
was income $X.X previous to the expenses primarily compensation decrease the in in expenses operating $X.X decrease and The quarter. bonuses, compared incurred million employee attributable million Operating quarter. share-based the with income was in during marketing
The Other income primarily the quarter. the $X.X income was the $X.X previous previous quarter. compared as compared due decrease of with decrease foreign Net income to million was $X.X million million million in with $X.X was gains compared in previous exchange the with quarter. other in
previous of quarter. XXXX the compared the Non-GAAP decrease of The and net net net income the with was $X $X.XX non-GAAP primarily in income $X.X other of above. in Diluted quarter income fourth quarter million attributable to XXXX. million approximately was ADS was operating $X.XX third in as as of the decrease quarter income and in XXXX compared to in the discussed per income earnings fourth
the streaming, XX% the year-over-year $XXX.X computing I'd million, total a through were to decrease like a financial Total you live cloud representing and in to subscription The decrease revenues walk year was fiscal attributable mainly businesses. of revenues increased from of our XXXX. revenues basis. results on Now
demand increase customers. and cloud cloud $XXX.X million, basis. capabilities our in were computing expanded XX.X% from resenting year-over-year computing a on an mainly from service of major our increase to attributable increased was The Revenues
on representing representing XX, increase XXX.X% was mainly subscribers live a XX, of year-over-year of number of other due The Revenues subscriptions December a growing XXXX. million, of to $XXX.X December X.XX to were streaming IVAS from from increase million, basis. million Revenues increased XX.X% as on $XXX.X an from basis. which of and an increase were a million X.XX year-over-year as XXXX,
of due total live lines. in increase capability. significant results enhanced major compared The to the million the from Cost primarily XX.X% were primarily revenues revenues our or in our increase XXXX of increase business representing This XXXX. XX.X% with revenues streaming in $XXX.X increase in revenues of demand million launched the products, we was was total and $XXX.X our monetization for of
cost XX.X% of computing our live or of consistent cost of remaining included our were total The depreciation services, mainly increased the total of as The and streaming in which compared costs were revenues to $XX.X for related for to cost cloud in revenues servers the of cost the quarter. equipment. costs Bandwidth increase demand was revenue-sharing computing XX.X% bandwidth our representing of and mainly revenues million previous due the million, in increased with costs business revenues revenues. other consisted with $XXX.X
Gross increase profit profit Gross business, basis. subscription increase XX.X% in million, business was driven our an computing cloud XX.X% profit mainly year-over-year with XX.X% streaming year representing live $XXX.X was gross business. of by the of The profit the the increase and compared margin previous for in year. was gross in on a
of total profit portion lower has relatively decrease profit and total in increased gross of to to margin margin. relatively a which mainly revenues a in streaming gross The attributed a higher profit increase revenues subscription gross live the revenues margin which percentage was has revenues, to
million, previous of XX.X% a Research of and with increased to increased for representing revenues, $XX.X headcount compared in or million XX.X% year. costs compared The was our total as revenues primarily as with year. development labor expenses the the year previous increase of $XX.X were the due result total
of the our Sales year. and in $XX.X previous of representing marketing total $XX.X total our or were expenses year revenues, the million million, XX.X% for revenues with X.X% compared
of offset with $XX.X G&A primarily of partly the expenses share-based compared The or representing XX.X% total consulting $XX.X compensation from our expenses previous the increase were increased decreased the million shares, during year. year total year. our the to revenues in expenses XX.X% million, professional by for due incurred awarded revenues, was restricted
of in loss million in with primarily $XX.X live attributable an The was in profit to of in during compared year, the and income increase businesses the was the cloud $X.X computing the year. Operating operating subscription previous operating operating income increase partly by expenses offset above. streaming, discussed gross increase million,
with increase The of of exchange payables of long income year. certain previous income during other with low the increase million year. probability Other $XX.X in payment foreign and the primarily due outstanding compared in was was the $X.X a million, gains reversal to
$XX.X $XX.X previous of increase with as Net income net XXXX, net income million in income million Non-GAAP million other net income primarily in above. with million the was the year. year. in compared previous XXXX, in the was $X.X discussed in compared operating $X.X and The in income was income driven by increase
in was per with XXXX $X.XX ADS in previous earnings the $X.XX compared Diluted as approximately year.
the partly of a attributed construction activities Xunlei mainly operating net to spending share Company December of R&D As and and buybacks. cash cash had in of million, and increase of activities, compared short-term XXXX, equivalents by bank XX, loan, and $XXX.X building was The on December million cash inflow headquarters from $XXX.X cash the cash, with offset expenditure on investments equivalents XX, XXXX. as
of In outstanding over March common to months. million of of repurchase authorized XX up that Directors Board the XXXX, stocks the its its Xunlei $XX next announced
we spent As of $X.X million share December XX, XXXX, have repurchases. on
our to Turning guidance. revenue
quarter-over-quarter first as of of change Xunlei million, estimate management's the midpoint represents the and any XXXX, date For of material. the and view a which approximately release, range increase of change subject be to this estimates This the million of is X.X%. between to and be preliminary could $XXX $XX represents press quarter revenues total
for the call. questions. are remarks prepared ready conclude to we Operator, Now we conference take
