Ucloudlink Group Inc reports results for the quarter ended June 30 - Earnings Summary
Ucloudlink Group Inc reports results for the quarter ended June 30 - Earnings Summary
Ucloudlink Group Inc UCL.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share.
Revenue fell 5.9% to $18.23 million from a year ago; analysts expected $20.00 million.
Ucloudlink Group Inc's reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $2.98 million.
Ucloudlink Group Inc shares had fallen by 27.7% this quarter and lost 58.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 400% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"
This summary was machine generated from LSEG data August 18 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.05 | -0.08 | Missed |
Mar. 31 2026 | -0.07 | -0.06 | Beat |
Dec. 31 2025 | -0.06 | -0.08 | Missed |
Sep. 30 2025 | 0.02 | 0.24 | Beat |
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