Urgent.ly Inc reports results for the quarter ended in December - Earnings Summary

Urgent.ly

14/03/2024 21:01

* Urgent.ly Inc  ULY.OQ  reported quarterly adjusted
earnings of
$6.42​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-1.35.  The lone analyst forecast for the quarter was for a
loss of $1.11 per share. 
    * Revenue rose 2,070.1% to $45.05 million from a year ago;
analysts expected $45.20 million. 
    * Urgent.ly Inc's reported EPS for the quarter was $11.95​.
    * The company reported quarterly net income of $127.75
million.
    * Urgent.ly Inc shares had held steady so far this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Urgent.ly Inc is
$7.00 
This summary was machine generated from LSEG data March 14 at
09:00 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
 Dec. 31 2023      -1.11          6.42           Beat