UCLOUDLINK GROUP Expects Q3 Revenue of $23.5M-$24.5M Vs $23.1M Est
Portfolio Pulse from Benzinga Newsdesk
UCLOUDLINK GROUP expects its Q3 revenue to be between $23.5M and $24.5M, which is higher than the estimated $23.1M.
August 16, 2023 | 8:10 am
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POSITIVE IMPACT
UCLOUDLINK GROUP's Q3 revenue forecast is higher than the estimated $23.1M, which could positively impact the company's stock.
UCLOUDLINK GROUP's higher than expected Q3 revenue forecast could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100