UCloudlink Group Inc. Q1 Earnings Summary

Below are the earnings highlights for uCloudlink Group Inc. (UCL):

Earnings: -$0.614 million in Q1 vs. $0.430 million in the same period last year.
EPS: -$0.00 in Q1 vs. $0.00 in the same period last year.
Revenue: $18.749 million in Q1 vs. $18.128 million in the same period last year.

For the first quarter, net loss per ADS was $0.02, compared with a profit of $0.01 per ADS recorded for the same period last year. Excluding items, earnings were $0.447 million, lesser than $1.277 million a year ago.

by RTTNews Staff Writer

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