Ucloudlink Group Inc reports results for the quarter ended March 31 - Earnings Summary

Ucloudlink

21/05/2025 14:31

Ucloudlink Group Inc UCL.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents.  The lone analyst forecast for the quarter was for a loss of 4 cents per share.

Revenue rose 3.4% to $18.75 million from a year ago; analysts expected $18.20 million.

Ucloudlink Group Inc's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $614 thousand.

Ucloudlink Group Inc shares had risen by 5.6% this quarter and lost 37.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 200% 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"

Wall Street's median 12-month price target for Ucloudlink Group Inc is $9.00

This summary was machine generated from LSEG data May 21 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
Mar. 31 2025
-0.04
-0.02
Beat
Dec. 31 2024
0.00
-0.04
Missed
Sep. 30 2024
0.05
0.09
Beat
Jun. 30 2024
0.02
0.06
Beat