How did UCL's Q4 earnings surprise impact its annual performance?

UCLOUDLINK's (UCL) Q4 earnings surprise had a negative impact on its annual performance, as the company reported a lower-than-expected net income for the quarter. The Q4 net income surprise was -0.13, indicating a significant miss on earnings expectations. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |UCL|UCL.O|UCLOUDLINK|2024 Q1|-79.26711668273867|430000|185| |UCL|UCL.O|UCLOUDLINK|2024 Q2|344.16575790621596|2239000|185| |UCL|UCL.O|UCLOUDLINK|2024 Q3|-2.697274031563845|3391000|185| |UCL|UCL.O|UCLOUDLINK|2024 Q4|17.96832332058984|-1502000|185| However, when looking at the annual performance, the company still managed to report a net income of $4.56 million for the year 2024, which suggests that the impact of the Q4 earnings miss was partially offset by stronger performance in other quarters.