Ucloudlink Group Inc reports results for the quarter ended in December - Earnings Summary

Ucloudlink

15/03/2023 13:30

* Ucloudlink Group Inc  UCL.OQ  reported a quarterly
adjusted loss
of 3 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 8 cents
per share.
    * Revenue rose 11.6% to $19.61 million from a year ago;
analysts
expected $20.20 million. 
    * Ucloudlink Group Inc's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ucloudlink Group Inc shares had risen by 21.9% this
quarter.
    * The company reported a quarterly loss of $1.05 million.
    * Wall Street's median 12-month price target for Ucloudlink
Group
Inc is $4.00 

This summary was machine generated from LSEG Refinitiv data
March 15 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.08          -0.03          Beat
 Sep. 30 2022      -0.07          -0.15          Missed
 Jun. 30 2022      -0.19          -0.22          Missed
 Mar. 31 2022      -0.02          -0.14          Missed