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:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.02 | -0.25 | -0.28 |
EPS Actual | -0.21 | -0.21 | -0.21 | -0.26 |
Revenue Estimate | 17.55M | 19.55M | 18.64M | 17.25M |
Revenue Actual | 17.57M | 19.32M | 19.24M | 17.69M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.