Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
uCloudlink Group, Inc. (UCL)
:UCL
Holding UCL?
Track your performance easily
Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.01Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 16, 2020
|% Change Since: 13.14%
|Next Earnings Date:Aug 17, 2020
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments such as revenue growth, market expansion, and new product launches, offset by challenges including decreased gross margins, higher operating expenses, and stagnant net income.Company Guidance
In the third quarter 2024 earnings call for UCLOUDLINK Group Inc. (UCL), the company provided guidance indicating a robust financial outlook for the upcoming quarter. Revenue is projected to be between USD 25 million and USD 30 million, representing a substantial increase of 15.2% to 38.2% from the same period in 2023. The company reported a year-over-year revenue growth of 5.6% in Q3, reaching USD 25.2 million, with net income at USD 3.4 million and a positive net cash inflow from operations of USD 2.0 million. Additional metrics highlighted include a gross margin of 48.4%, with gross margins on services rising to 60%. Furthermore, the company's average daily active terminal (DAT) was 320,452, showcasing significant engagement with its data connectivity services. UCL aims to continue its market expansion and product development, particularly with the anticipated commercial launch of its innovative ALL SIM solution, which is expected to enhance connectivity and user convenience across various devices.Revenue Growth
Revenue increased by 5.6% year-over-year to USD 25.2 million, aligning with company expectations.
Market Expansion
The GlobalMe ecosystem expanded into various sectors beyond travel, strengthening its presence in mainland China and Japan.
Product Launches and Innovations
New products such as next-generation portable WiFi with HyperConn solutions and GlobalMe Life series were introduced, with significant market exposure gained through trade shows.
ALL SIM Solution
Preparation for the commercial launch of the ALL SIM solution, which combines OTA SIM, eSIM, and cloud SIM technologies, aiming to overcome traditional limitations in mobile connectivity.
Financial Position
The company maintained a solid balance sheet with cash and cash equivalents increasing to USD 27.7 million.
---
UCL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
UCL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 26, 2024 | $1.37 | $1.17 | -14.60% |
| Aug 14, 2024 | $1.43 | $1.38 | -3.50% |
| May 15, 2024 | $1.64 | $1.59 | -3.05% |
| Mar 14, 2024 | $1.56 | $1.45 | -7.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does uCloudlink Group, Inc. (UCL) report earnings?
uCloudlink Group, Inc. (UCL) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is uCloudlink Group, Inc. (UCL) earnings time?
uCloudlink Group, Inc. (UCL) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UCL EPS forecast?
UCL EPS forecast for the fiscal quarter 2024 (Q4) is -0.01.
---