Ucloudlink Group Lowers FY2025 Sales Guidance from $95M-$130M to $85M-$95M vs $96.249M Est; Sees Q3 Sales $22M-$26M vs $26.500M Est
Benzinga Newsdesk 1 year ago
NewsGuidance
Business OutlookFor the third quarter of 2025, UCLOUDLINK expects total revenues to be between US$22.0 million and US$26.0 million, representing a decrease of 12.7% to an increase of 3.2% compared to the same period of
Business Outlook
For the third quarter of 2025, UCLOUDLINK expects total revenues to be between US$22.0 million and US$26.0 million, representing a decrease of 12.7% to an increase of 3.2% compared to the same period of 2024.
The Company currently expects its revenue for the full year of 2025 to be in the range of US$85 million to US$95 million, as compared with a range between US$95 million to US$130 million as previously announced. The Company is revising its guidance in light of the persistent macroeconomic challenges and global trade headwinds, which have had and may continue to have a broader impact across industries.