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

Ucloudlink

16/11/2022 14:31

* Ucloudlink Group Inc  UCL.OQ  reported a quarterly
adjusted loss
of 15 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 7 cents
per share.
    * Revenue fell 5.7% to $18.21 million from a year ago;
analysts
expected $18.90 million. 
    * Ucloudlink Group Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 54.8%
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 267.0% this
quarter and
lost 68.6% so far this year.
    * The company reported a quarterly loss of $4.6 million.
    * Wall Street's median 12-month price target for Ucloudlink
Group
Inc is $4.00 

This summary was machine generated from Refinitiv data November
16 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.07          -0.15          Missed
 Jun. 30 2022      -0.19          -0.22          Missed
 Mar. 31 2022      -0.02          -0.14          Missed
 Dec. 31 2021      -0.02          -0.20          Missed