Ucloudlink Group Expects Q3 Revenue Of $24M-$28M Vs $27.05M Est
Portfolio Pulse from Benzinga Newsdesk
Ucloudlink Group expects Q3 2024 revenue to be between $24M and $28M, compared to the $27.05M estimate. This represents a year-over-year increase of 0.4% to 17.2%.

August 14, 2024 | 8:36 am
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Ucloudlink Group expects Q3 2024 revenue to be between $24M and $28M, compared to the $27.05M estimate. This represents a year-over-year increase of 0.4% to 17.2%.
The revenue projection is close to the estimate but shows a potential for significant year-over-year growth. This positive outlook is likely to boost investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100