Ucloudlink Group Inc expected to post breakeven results a share - Earnings Preview

Reuters

Mar 07, 2025

Ucloudlink Group Inc <ucl.oq> expected to post breakeven results a share - Earnings Preview </ucl.oq>

Ucloudlink Group Inc UCL.OQ UCL.O is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024
The Hong Kong-based company is expected to report a 15.7% increase in revenue to $25.15 million from $21.73 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on November 26 2024, for the period ended December 31, was for revenue between $25.00 million and $30.00 million.
LSEG's mean analyst estimate for Ucloudlink Group Inc is for breakeven results per share.
The one available analyst rating on the shares is "buy".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ucloudlink Group Inc is $9.00, above its last closing price of $1.36.

This summary was machine generated March 7 at 13:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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