Ucloudlink Group Inc expected to post earnings of 2  cents a share - Earnings Preview

Ucloudlink

14/08/2023 13:56

* Ucloudlink Group Inc  UCL.OQ   UCL.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 16. 
    * The  Hong Kong-based   company is expected to report  a
20.1% increase in revenue to $21.65 million from $18.02 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on May 18 2023,
for the period ended June 30, was for revenue between $21.50
million and $22.50 million.
    * ​Refinitiv's mean analyst estimate for Ucloudlink Group
Inc is
for earnings of 2 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 $9​, above​ its last closing price of $2.96. ​​​

This summary was machine generated August 14 at 12:56 GMT.  All
figures in US dollars  unless otherwise stated