Recap: Ucloudlink Group Q1 Earnings

Ucloudlink Group UCL reported its Q1 earnings results on Tuesday, May 31, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ucloudlink Group missed estimated earnings by 650.0%, reporting an EPS of $-0.15 versus an estimate of $-0.02.

Revenue was down $2.08 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 0.51% drop in the share price the next day.

Here's a look at Ucloudlink Group's past performance:

To track all earnings releases for Ucloudlink Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.