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

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

uCloudlink Group Trading Down 4.7 %

Shares of NASDAQ UCL opened at $1.23 on Friday. uCloudlink Group has a 12-month low of $0.97 and a 12-month high of $3.30. The stock has a market cap of $46.06 million, a PE ratio of 11.18 and a beta of 4.13. The company has a 50-day moving average of $1.35 and a 200 day moving average of $1.36.

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.