uCloudlink Group (NASDAQ:UCL) Posts Earnings Results, Beats Expectations By $0.02 EPS

uCloudlink Group (NASDAQ:UCL) released its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02, Zacks reports. uCloudlink Group had a return on equity of 22.48% and a net margin of 4.84%. The company had revenue of $25.96 million for the quarter, compared to analyst estimates of $25.15 million. uCloudlink Group updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

uCloudlink Group Trading Up 1.6 %

UCL opened at $1.25 on Friday. uCloudlink Group has a 12-month low of $0.97 and a 12-month high of $3.30. The stock has a 50-day moving average price of $1.34 and a 200-day moving average price of $1.36. The stock has a market capitalization of $46.81 million, a P/E ratio of 11.36 and a beta of 4.13.

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.