uCloudlink Group (UCL) Scheduled to Post Earnings on Wednesday

uCloudlink Group (NASDAQ:UCL) will be posting its quarterly earnings results before the market opens on Wednesday, August 14th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

uCloudlink Group (NASDAQ:UCL) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $18.13 million for the quarter, compared to analyst estimates of $17.90 million. uCloudlink Group had a return on equity of 7.15% and a net margin of 1.36%.

uCloudlink Group Price Performance

UCL stock opened at $1.40 on Tuesday. uCloudlink Group has a 1-year low of $1.17 and a 1-year high of $3.21. The business has a 50-day moving average price of $1.65 and a 200 day moving average price of $1.58. The company has a market capitalization of $52.43 million, a P/E ratio of 46.67 and a beta of 4.41.

About uCloudlink Group

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.