Ucloudlink Group Inc expected to post a loss of 4 cents a share - Earnings Preview

Ucloudlink

16/05/2023 16:59

* Ucloudlink Group Inc  UCL.OQ   UCL.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 18. 
    * The  Hong Kong-based   company is expected to report  a
15.0% increase in revenue to $17.95 million from $15.61 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on March 15
2023, for the period ended March 31, was for revenue between
$17.50 million and $18.50 million.
    * ​Refinitiv's mean analyst estimate for Ucloudlink Group
Inc is
for a loss of 4 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ucloudlink
Group
Inc is $6​, above​ its last closing price of $3.85. ​​​

This summary was machine generated May 16 at 15:59 GMT.  All
figures in US dollars  unless otherwise stated