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

Ucloudlink

25/08/2021 11:28

* Ucloudlink Group Inc  UCL.OQ  reported a quarterly adjusted
loss of 2 cents​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was for a loss
of 3 cents per share.
* Revenue was $19.24 million​;  analysts expected $18.64
million. 
* Ucloudlink Group Inc's reported EPS for the quarter was a loss
of 3 cents​.
* The mean earnings estimate of analysts had fallen by about 50%
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 fallen by 36.1% this
quarter and lost 39.4% so far this year.
* The company reported a quarterly loss of $8.21 million.
* Wall Street's median 12-month price target for Ucloudlink
Group Inc is $24.80 
This summary was machine generated August 25 at 10:27 a.m.  ​All
figures in US dollars unless otherwise stated