Ucloudlink Sees FY24 Revenues Of $95.0M-$112.0M Vs. Cons. $106.45M
Portfolio Pulse from Benzinga Newsdesk
Ucloudlink projects its FY24 revenues to be in the range of $95.0M-$112.0M, which compares to a consensus estimate of $106.45M.
March 14, 2024 | 9:11 am
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Ucloudlink's FY24 revenue forecast ranges from $95.0M to $112.0M, closely matching the consensus estimate of $106.45M.
Ucloudlink's revenue forecast for FY24 is closely aligned with consensus estimates, indicating that the company's performance is expected to meet market expectations. This alignment suggests a neutral short-term impact on the stock price, as the forecast neither significantly exceeds nor falls short of analyst expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100