Ucloudlink Group Q2 Adj. EPS $(0.06) Misses $(0.05) Estimate, Sales $18.234M Miss $20.000M Estimate
Ucloudlink Group (NASDAQ:UCL) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.05) by 20 percent. This is a 700 percent decrease over earnings of $0.01 per share from the
Ucloudlink made less money than expected this quarter—both their per-share loss was bigger than predicted, and their total sales fell short of what analysts thought. When a company misses on both numbers, it's a signal to watch whether they can turn things around soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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