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

uCloudlink Group (NASDAQ:UCL) released its earnings results on Thursday. The company reported ($0.04) EPS for the quarter, topping the consensus estimate 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 business had revenue of $25.96 million during the quarter, compared to analysts’ expectations of $25.15 million. uCloudlink Group updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

uCloudlink Group Stock Performance

Shares of uCloudlink Group stock opened at $1.25 on Friday. uCloudlink Group has a 52 week low of $0.97 and a 52 week high of $3.30. The stock has a 50 day moving average price of $1.34 and a two-hundred day moving average price of $1.36. The stock has a market capitalization of $46.81 million, a PE 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.