uCloudlink Group (NASDAQ:UCL) Issues Earnings Results

uCloudlink Group (NASDAQ:UCL) posted its quarterly earnings results on Thursday. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates 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 Stock Performance

Shares of NASDAQ:UCL opened at $1.23 on Thursday. uCloudlink Group has a 52-week low of $0.97 and a 52-week high of $3.30. The business’s 50 day simple moving average is $1.36 and its two-hundred day simple moving average is $1.36. The firm has a market cap of $45.88 million, a P/E ratio of 11.14 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.