uCloudlink Group Inc.

Equities

UCL

US90354D1046

Wireless Telecommunications Services

Market Closed - Nasdaq Other stock markets 04:30:00 2024-06-10 pm EDT			5-day change	1st Jan Change
1.595 ^USD	-0.75%		-17.77%	-8.85%

May. 23	UCloudlink Introduces New GlocalMe Life Series at VivaTech 2024 with Three New One-For-All Mobile Devices	CI
May. 15	Transcript : UCloudlink Group Inc., Q1 2024 Earnings Call, May 15, 2024

UCloudlink Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 15, 2024 at 06:05 am EDT

uCloudlink Group Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 18.13 million compared to USD 18.01 million a year ago. Net income was USD 0.43 million compared to USD 2.07 million a year ago.

Latest news about uCloudlink Group Inc.

UCloudlink Introduces New GlocalMe Life Series at VivaTech 2024 with Three New One-For-All Mobile Devices	May. 23	CI
Transcript : UCloudlink Group Inc., Q1 2024 Earnings Call, May 15, 2024	May. 15
UCloudlink Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 15	CI
Earnings Flash (UCL) UCLOUDLINK GROUP Reports Q1 Revenue $18.1M, vs. Street Est of $17.9M	May. 15	MT
UCloudlink Group Inc. Provides Earnings Guidance for the Year 2024	May. 15	CI
Vision In Talks With Nasdaq-based uCloudlink to Establish JV	Mar. 25	MT
Vision Inc. Announces Consideration of Establishing A Joint Venture with uCloudlink Group Inc	Mar. 22	CI
Transcript : UCloudlink Group Inc., Q4 2023 Earnings Call, Mar 14, 2024	Mar. 14
UCloudlink Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 14	CI
UCloudlink Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Earnings Flash (UCL) UCLOUDLINK GROUP Posts Q4 Revenue $21.7M	Mar. 14	MT
UCloudlink Group Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024	Mar. 14	CI
ADRs End Flat; Alarum Technologies Climbs 20%	Feb. 26	DJ
ADRs Close Higher; Gracell Biotechnologies Inc. Climbs 60.3%	Dec. 26	DJ
Transcript : UCloudlink Group Inc., Q3 2023 Earnings Call, Nov 15, 2023	Nov. 15
UCloudlink Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 15	CI
Earnings Flash (UCL) UCLOUDLINK GROUP Reports Q3 Revenue $23.9M	Nov. 15	MT
Ucloudlink Group Inc. Provides Earnings Guidance for the Fourth Quarter 2023	Nov. 15	CI
ADRs Hold Steady, Ucloudlink Group Inc. Climbs 16.2%	Nov. 13	DJ
ADRs End Higher, Yoshitsu Co. Ltd. Climbs 19.2%	Nov. 10	DJ
ADRs Hold Steady; Fresh2 Group Climbs 23%	23-10-31	DJ
ADRs End Flat, Leju Holdings Ltd. Climbs 27.9%	23-10-23	DJ
ADRs End Higher; Orchard Therapeutics PLC Climbs 96%	23-10-05	DJ
ADRs End Higher; Dunxin Financial Holdings Ltd. Climbs 11.7%	23-10-04	DJ
ADRs Hold Steady; Mobilicom Ltd. Climbs 15%	23-09-08	DJ

Chart uCloudlink Group Inc.

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Company Profile

Ucloudlink Group Inc provides mobile data traffic sharing marketplace. The Company operates its business under uCloudlink 1.0 and uCloudlink 2.0 models. The uCloudlink 1.0 model focuses on cross-border travelers that need mobile data connectivity services across different countries. The uCloudlink 2.0 model focuses to provide mobile data connectivity services to local users across different mobile network operators (MNO). It operates portable wireless fidelity (Wi-Fi) services under its Roamingman brand in China, Malaysia and Singapore to provide global mobile data connectivity services. It offers GlocalMe portable Wi-Fi terminals and provide its cloud subscriber identification module (SIM) architecture to business partners such as mobile virtual network operators (MVNO), MNOs and portable Wi-Fi terminal rental companies. The Company have developed algorithms to analyze historical data usage patterns and predict future data traffic demand.

Sector

Wireless Telecommunications Services

Calendar

2024-08-20 - Q2 2024 Earnings Release (Projected)

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.607 USD

Average target price

9.5 USD

Spread / Average Target

+491.05%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Other Wireless Telecommunications Services

	1st Jan change	Capi.
UCLOUDLINK GROUP INC.	-8.85%	60.26M
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Other Wireless Telecommunications Services