Ucloudlink Group Q3 Adj. EPS $0.02, Inline, Sales $21.100M Miss $22.100M Estimate

Ucloudlink Group (NASDAQ:UCL) reported quarterly earnings of $0.02 per share which met the analyst consensus estimate. This is a 81 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $21.100 million which missed the analyst consensus estimate of $22.100 million by 4.52 percent. This is a 16.24 percent decrease over sales of $25.192 million the same period last year.