uCloudlink Group Beat Consensus Estimates

uCloudlink Group (UCL) reported a loss of $0.02 per share on revenue of $18.75 million for the first quarter ended March 2025. The consensus estimate was a loss of $0.04 per share on revenue of $18.20 million. The company beat consensus estimates by 50.00% while revenue grew 3.43% on a year-over-year basis.

The company said it expects second quarter revenue of $23.0 million to $25.0 million. The current consensus revenue estimate is $22.50 million for the quarter ending June 30, 2025.

uCloudlink is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry.