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

uCloudlink Group (NASDAQ:UCL) announced its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share (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 Trading Down 3.9 %

Shares of uCloudlink Group stock traded down $0.05 on Thursday, hitting $1.24. 26,597 shares of the company traded hands, compared to its average volume of 132,156. uCloudlink Group has a 12-month low of $0.97 and a 12-month high of $3.30. The firm’s 50-day simple moving average is $1.36 and its 200 day simple moving average is $1.36. The company has a market cap of $46.44 million, a P/E ratio of 11.27 and a beta of 4.13.

uCloudlink Group Company Profile

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.