Ucloudlink Group: Q2 Earnings Insights

Ucloudlink Group UCL reported its Q2 earnings results on Wednesday, August 24, 2022 at 05:00 AM.

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

Earnings

Ucloudlink Group beat estimated earnings by 73.68%, reporting an EPS of $-0.05 versus an estimate of $-0.19.

Revenue was down $1.22 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 0.86% 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.