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:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.02 | -0.02 | -0.25 |
EPS Actual | -0.15 | -0.21 | -0.21 | -0.21 |
Revenue Estimate | 15.19M | 17.55M | 19.55M | 18.64M |
Revenue Actual | 15.61M | 17.57M | 19.32M | 19.24M |
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.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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