UKL.US plunges before trading! Q2 total revenue decreases by 13% Performance outlook falls short of expectations.
According to the Wise Finance APP, before the US stock market on August 13 (Wednesday), UCL.US announced the unaudited financial performance for the three months ending June 30, 2025. The financial report shows that the company's total revenue in the second quarter was approximately $19.4 million, a decrease of about 13.3% from $22.4 million in the second quarter of 2024, which is $3.6 million lower than market expectations. In terms of performance outlook, the company's third quarter and full-year revenue outlook for 2025 are both below market expectations, which is why the company's stock price plummeted by over 20% in pre-market trading after the financial report was released.
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