uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. It provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators (MVNOs), mobile network operators (MNOs), and portable Wi-Fi terminal rental companies. The company also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solutions for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, it provides uCloudlink 3.0, including B2C retail, B2B2C wholesale, and platform-as-a-service/ software-as-a-service platform-based connectivity ecosystem. Further, the company provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value added services, such as advertisement. Additionally, it's platform-as-a-service/ software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. The company was incorporated in 2014 and is headquartered in Kowloon, Hong Kong.
IPO Year: 2020
Exchange: NASDAQ
Website: ucloudlink.com
HONG KONG, Nov. 19, 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 that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Tuesday, November 26, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 9:30 p.m. Beijing 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):400-120-1203Hong Kong
HONG KONG, Aug. 14, 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 June 30, 2024. Second Quarter 2024 Financial Highlights Total revenues were US$22.4 million, representing an increase of 1.7% from US$22.0 million in the second quarter of 2023.Gross profit was US$11.0 million, representing an increase of 11.4% from US$9.9 million in the second quarter of 2023.Income from operations was US$2.3 million, compared to a loss from operations of US$0.9 million in the second quarter of 2023.Net income was U
HONG KONG, Aug. 07, 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 that it will report its unaudited financial results for the second quarter ended June 30, 2024 before U.S. markets open on Wednesday, August 14, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 8:30 p.m. Beijing 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):400-120-1203Hong Kong
HONG KONG, May 15, 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 March 31, 2024. First Quarter 2024 Financial Highlights Total revenues were US$18.1 million, representing an increase of 0.7% from US$18.0 million in the first quarter of 2023.Gross profit was US$10.0 million, representing an increase of 16.3% from US$8.6 million in the first quarter of 2023.Income from operations was US$0.5 million, compared to US$2.1 million in the first quarter of 2023.Net income was US$0.4 million, compared to US$
HONG KONG, May 08, 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 that it will report its unaudited financial results for the first quarter ended March 31, 2024 before U.S. markets open on Wednesday, May 15, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 8:30 p.m. Beijing 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):400-120-
HONG KONG, March 14, 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 and year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total revenues were US$21.7 million, representing an increase of 10.8% from US$19.6 million in the fourth quarter of 2022.Gross profit was US$11.3 million, representing an increase of 12.2% from US$10.1 million in the fourth quarter of 2022.Loss from operations was US$1.9 million, compared to a loss from operations of US$1.1 million in the fourth quarter of 2022.Ne
HONG KONG, March 07, 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 that it will report its unaudited financial results for the fourth quarter and full year of 2023 before U.S. markets open on Thursday, March 14, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. Eastern Time / 8:30 p.m. Beijing 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):400-120-1203Hong Kong (To
HONG KONG, Nov. 15, 2023 (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, 2023. Third Quarter 2023 Financial Highlights Total revenues were US$23.9 million, representing an increase of 31.0% from US$18.2 million in the third quarter of 2022.Gross profit was US$12.2 million, representing an increase of 40.6% from US$8.7 million in the third quarter of 2022.Income from operations was US$3.3 million, compared to a loss from operations of US$4.8 million
HONG KONG, Nov. 08, 2023 (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 third quarter of 2023 before the market open on Wednesday, November 15, 2023. Management will hold a conference call to discuss these results at 8:30 a.m. Eastern Time / 9:30 p.m. Beijing 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):400-120-1203Hong Kong (Toll Free):800-905-94
HONG KONG, Aug. 16, 2023 (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 June 30, 2023. Second Quarter 2023 Financial Highlights Total revenues were US$22.0 million, representing an increase of 21.9% from US$18.0 million in the second quarter of 2022.Gross profit was US$9.9 million, representing an increase of 24.0% from US$8.0 million in the second quarter of 2022.Loss from operations was US$0.9 million, compared to a loss from operations of US$5.8 million in the second quarter of 2022.Net loss was US$0.
HONG KONG, Nov. 19, 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 that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Tuesday, November 26, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 9:30 p.m. Beijing 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):400-120-1203Hong Kong
HONG KONG, Oct. 09, 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 that it will present at the LD Micro Main Event XVII at the Luxe Sunset Boulevard Hotel in Los Angeles from October 28 to 30, 2024. Mr. Chaohui Chen, Director and Chief Executive Officer of UCLOUDLINK, and Mr. Yimeng Shi, Chief Financial Officer, will represent the Company at the conference. UCLOUDLINK will make a presentation on Tuesday, October 29 at 4:00 PM Pacific Time. UCLOUDLINK invites interested parties to register on the conference website for in-person attendance or watch the prese
MIAMI, Sept. 25, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com, a leading independent small cap media portal, announces the schedule of the 75th Emerging Growth Conference on September 25 & 26, 2024. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Register for the Conference here. Submit Questions for any of the presenting companies to: [email protected] For updates, follow us on Twitter Day 2 - September 26, 2024 8:45Virtual Lobby opens.Register for the Conference. If you already registered, go bac
MIAMI, Sept. 24, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 75th Emerging Growth Conference on September 25 & 26, 2024. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Register for the Conference here. Submit Questions for any of the presenting companies to: [email protected] For updates, follow us on Twitter Sponsors:QuoteMedia - Keep Investors Informed with Dynamic Plug and Play IR Solutions(844) 485-82
HONG KONG, Sept. 19, 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 that it will be presenting at the Emerging Growth Conference on Thursday, September 26, 2024. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with Mr. Chaohui Chen, Director and Chief Executive Officer of UCLOUDLINK, and Mr. Yimeng Shi, Chief Financial Officer, in real time. Mr. Shi will present a corporate overview followed by a question-and-answer session where both will be available to take questions. Please sub
NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies, has released update note on uCloudlink Group Inc. (NASDAQ:UCL). The update note includes information on uCloudlink Group Inc.'s financial results, management commentary, recent developments, outlook, risks, and our revised valuation estimates. The update note is available here. Highlights from the note include: Q2 Earnings and Revenues Exceed Expectations – uCloudlink reported its financial results for Q2 2024, with total revenues of $22.4 million, up 1.7% year over year, exceeding our estimate of $22.2 million.
HONG KONG, Aug. 14, 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 June 30, 2024. Second Quarter 2024 Financial Highlights Total revenues were US$22.4 million, representing an increase of 1.7% from US$22.0 million in the second quarter of 2023.Gross profit was US$11.0 million, representing an increase of 11.4% from US$9.9 million in the second quarter of 2023.Income from operations was US$2.3 million, compared to a loss from operations of US$0.9 million in the second quarter of 2023.Net income was U
HONG KONG, Aug. 07, 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 that it will report its unaudited financial results for the second quarter ended June 30, 2024 before U.S. markets open on Wednesday, August 14, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 8:30 p.m. Beijing 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):400-120-1203Hong Kong
NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released update note on uCloudlink Group Inc. (NASDAQ:UCL). The update note includes information on uCloudlink Group Inc.'s financial results, management commentary, recent developments, outlook, risks, and our revised valuation estimates. The update note is available here. Highlights from the note include: Q1 Earnings and Revenues Surpass Expectations - uCloudlink reported its financial results for Q1 2024, with total revenues of $18.1 million, up 0.7% year over year, exceeding our estimate of $17.8 million. The increase was primari
HONG KONG, May 15, 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 March 31, 2024. First Quarter 2024 Financial Highlights Total revenues were US$18.1 million, representing an increase of 0.7% from US$18.0 million in the first quarter of 2023.Gross profit was US$10.0 million, representing an increase of 16.3% from US$8.6 million in the first quarter of 2023.Income from operations was US$0.5 million, compared to US$2.1 million in the first quarter of 2023.Net income was US$0.4 million, compared to US$
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Business Outlook For the second quarter of 2024, UCLOUDLINK expects total revenues to be between US$22.0 million and US$24.0 million, representing an increase of 0.1% to 9.2% compared to the same period of 2023.
Ucloudlink Group (NASDAQ:UCL) reported quarterly sales of $18.128 million which beat the analyst consensus estimate of $17.900 million by 1.27 percent. This is a 0.68 percent increase over sales of $18.006 million the same period last year.
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Ucloudlink Group (NASDAQ:UCL) reported quarterly sales of $21.73 million which missed the analyst consensus estimate of $23.60 million by 7.92 percent. This is a 10.81 percent increase over sales of $19.61 million the same period last year.
Ucloudlink Group (NASDAQ:UCL) is set to give its latest quarterly earnings report on Thursday, 2024-03-14. Here's what investors need to know before the announcement. Analysts estimate that Ucloudlink Group will report an earnings per share (EPS) of $0.05. Ucloudlink Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.02, which was followed by a 10.16% d