UCloudlink Group Inc. Sponsored ADR (UCL) Q2 Earnings and Revenues Surpass Estimates
UCLUCLOUDLINK(UCL) ZACKS·2024-08-14 20:05

UCloudlink Group Inc. Sponsored ADR (UCL) came out with quarterly earnings of 0.06pershare,beatingtheZacksConsensusEstimateofalossof0.06 per share, beating the Zacks Consensus Estimate of a loss of 0.01 per share. This compares to loss of 0.02pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof7000.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 700%. A quarter ago, it was expected that this company would post a loss of 0.01 per share when it actually produced earnings of $0.01, delivering a surprise of 200%.Over the last four qua ...