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