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0 0 0.0592105263157895 0.0986842105263157 0.151315789473684 0.203947368421053 0.203947368421053 0.197368421052632
Stock impact report

UCLOUDLINK GROUP INC. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

uCloudlink Group Inc. - American Depositary Shares (UCL) 
Company Research Source: Yahoo! Finance
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. Net loss was US$1.8 million, compared to a net loss of US$1.1 million in the fourth quarter of 2022. Adjusted net income (non-GAAP) was US$1.1 million, compared to an adjusted net income of US$1.3 million in the fourth quarter of 2022. Adjusted EBITDA (non-GAAP) was US$1.5 million, compared to an adjusted EBITDA of US$1.6 million in the fourth quarter of 2022. Full Year 2023 Financial Highlights Total revenues were US$85.6 m Show less Read more
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