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HONG KONG, March 13, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months and the full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Total revenues were US$26.0 million, representing an increase of 19.5% from US$21.7 million in the fourth quarter of 2023.Gross profit was US$11.2 million, representing a decrease of 1.0% from US$11.3 million in the fourth quarter of 2023.Loss from operations was US$1.7 million, compared to US$1.9 million in the fourth quarter of 2023.Net loss was US$1.5 m
HONG KONG, March 06, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2024, before U.S. markets open on Thursday, March 13, 2025. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 8:30 p.m. Hong Kong Time the same day. Listeners may access the call by dialing: International:1-412-902-4272US (Toll Free):1-888-346-8982UK (Toll Free)0-800-279-9489UK (Local Toll)0-207-544-1375Mainland China (Toll Free
HONG KONG, Nov. 26, 2024 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months ended September 30, 2024. Third Quarter 2024 Financial Highlights Total revenues were US$25.2 million, representing an increase of 5.6% from US$23.9 million in the third quarter of 2023.Gross profit was US$12.19 million, representing a decrease of 0.1% from US$12.21 million in the third quarter of 2023.Income from operations was US$3.3 million, compared to US$3.3 million in the third quarter of 2023.Net income was US$3.4 million, compared
HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced its participation as a sponsor of the LD Micro Invitational XV taking place April 9-10, 2025, at the Westin Grand Central in New York City. Mr. Chaohui Chen, Director and Chief Executive Officer of UCLOUDLINK, and Mr. Yimeng Shi, Chief Financial Officer, will represent the Company and connect with investors, analysts and industry professionals at the conference. Conference participation is by invitation only and registration is mandatory. UCLOUDLINK invites interested parties to register on
HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2025. The annual report can be accessed on UCLOUDLINK's investor relations website at https://ir.ucloudlink.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request. Request
HONG KONG, March 26, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:UCL), the world's first and leading mobile data traffic sharing marketplace, today announced that its GlocalMe eSIM TRIO received the "MWC Innovation Award" from SlashGear after unveiling the solution at the Mobile World Capital (MWC) 2025 in Barcelona. eSIM TRIO impressed SlashGear's team with its innovative and novel approach to redefining travel connectivity. SlashGear's "MWC Innovation Award" honors the best tech selected by their team of consumer tech exports at the annual MWC showcase. Part of the Company's expanding GlocalMe SIM series of solutions, eSIM TRIO integrates Over-
BARCELONA, Spain, March 3, 2025 /PRNewswire/ -- uCloudlink (NASDAQ:UCL), the world's first and leading mobile data traffic-sharing marketplace, is thrilled to announce its participation in MWC 2025, where it will showcase its latest innovations in connectivity. This year's theme, "Global First Network: The Ideal Sky-to-Ground Connectivity to Unlock New Revenue – Connecting IoT, People, and Pets," highlights uCloudlink's transformative solutions for a more connected world. Revolutionizing Connectivity Across IoT, People, and Pets uCloudlink's groundbreaking "Global First Network" concept introduces a seamless sky-to-ground approach to connectivity aimed at transforming the way IoT devices, in
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