total were our decrease Luhan, a Thank in results third for financial year-over-year. revenues The XXXX. million, $XX.X to discuss third [Interpreted] in decrease attributable revenues revenues of of you, conference and result call all in the streaming our from our was computing evolving live of you decrease mainly to in In the again competition representing regulatory thank were and hardware participating XX.X% Xunlei's a to sales quarter reduced decrease revenues computing The total a X.X% quarter, the of cloud mainly computing of million, Revenues and the decline business. a and sales year-over-year. cloud as decrease cloud environment. due heightened in of computing of was from $XX.X cloud computing devices cloud representing services
from were RMB of subscribers. September representing The representing same were live Revenues $XX.X XX.X% mainly X.XX average subscriber of services. in The for million revenue X.XX XXXX. average The XXXX, was compared the third year-over-year. decrease XX, other year-over-year. of revenues subscription million, million, quarter of up mainly increase Revenues compared proportion signed was driven our from with premium users an subscription and a XX.X of number to as number per as streaming increase the of attributable IVAS XX.X% XX, increase was RMB per with The in XX.X revenue XXXX. higher by subscriber period the of the subscribers for who increase an membership September million was the of in in $XX.X
audio XX.X% from our The decrease live business. our million, was since of by incurred in bandwidth compared operations XXXX. sharing revenues streaming of was revenues revenues as revenues quarter. well of the period our of mainly decrease to of in decrease period in with Bandwidth XXXX, costs $XX.X due revenues revenues streaming revenues revenues $XX.X this of million year. partially the the revenue our were Cost of revenues mainly streaming representing million, the The overseas of domestic total and same of the or total the XX.X% increase downsizing same streaming which our cost to our offset were $XX.X $XX.X other June million audio representing was as live IVAS in live of cost XX.X% included business costs total in as last in attributable total for live costs or our XX% compared with
million, the mix, due third with payment in subscription revenue gross in by of in from in gross revenues of increase gross The streaming decrease during XXXX. total of decrease profit XX.X% an The profit services our the remaining to our for Gross to of and primarily the due same margin computing increase quarter period the revenue cost to higher was of profit X.X% inventory was The from business, sold. cloud quarter which increase live was the profit Gross The XX.X% $XX.X mainly subscription cost handling representing of gross revenues the charges third compared sharing quarter. revenues profit from in in margin XXXX year-over-year. costs consisted business. a driven high was the of increased was the our profit margin. weighting related has primarily mainly
due The same for third total of the live total revenues businesses. and increase primarily in our million, labor expenses third period our the costs. decrease for administrative million, with XX.X% revenues our million of quarter year. and million for the in with our representing $X.X of total of revenues compared $XX.X with $XX.X total total for in XX.X% XX.X% to decrease or XXXX. quarter Sales of XX.X% $XX.X period our of primarily million, $XX.X of XX.X% to revenues due total marketing were revenues compared same development XXXX. revenues of expenses expenses were streaming $XX.X expenses third the our last incurred and subscription XX.X% of General our was quarter million the or in representing audio the were overseas Research compared more same or marketing was representing The and period the
the offset payables probability of million same the to compared in low attributable was increase same increase in marketing XXXX. servers income with million partially quarter. during reversal The increase the loss primarily last and compared partially subscription in of net period operating The business, impairment expenses loss $X.X the year. was income $X.X in of the with was same The profit was decrease was labor due other the the Other in of an as in net $X.X of with primarily million $X.X XXXX. equipment. Operating network to primarily operating period less in to by loss offset of million of the one-off by compared payment increase with decrease costs, decrease period due gross
of $X.X $X.X the $X.XX, the Non-GAAP in net was third of last ADS in same third in was $X.X million, same compared third as XXXX year. with the of same per in quarter third quarter XXXX. million of quarter in the period Diluted as Net the XXXX income quarter was of income million earnings XXXX. approximately
activities, cash As $XXX.X The compared buybacks. of to of had loans of operating investments and bank cash, offset cash of million spending from net share as partially on the XXXX, by was short-term XXXX. million XX, June mainly the due inflows September repayment equivalents and increase XX, company the $XXX with
of Xunlei Now repurchase repurchase authorized new Board Directors up to million next XXXX, its to plan the the over announced for had June X, a XX turning that program. its share of ADS months. $XX our of On
spent XXXX, repurchase buybacks September the new approximately under the share on had of XX, As million share $X.X company program.
of September ongoing. program company of the a During ended a $X about the repurchased total and share XX, for quarter is million repurchase ADS total XXXX, XXX,XXX the has
approximately preliminary which and Finally, and midpoint between $XX could of for management's range to a change of view be and This today, as estimates the to quarter-over-quarter decrease estimate fourth quarter of the represents Xunlei is change $XX material. total XXXX, any of million million, subject revenues represents X.X%. the be
conference for Now we conclude call. prepared ready to take are Operator, the questions. we remarks