UCloudlink Group Inc. Sponsored ADR (UCL) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 350%.Over the last four quarters, the ...

Exhibit 99.1 UCLOUDLINK GROUP INC. Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results Hong Kong, March 13, 2025 – 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 Full Year 2024 Financial Highlights Fourth Quarter and Full Year 2024 Operational Hi ...

Core Viewpoint - UCLOUDLINK GROUP INC. reported solid financial performance for the fourth quarter and full year of 2024, with total revenues increasing and a notable growth in the adoption of its GlocalMe ecosystem, despite some operational challenges [5][7]. Financial Highlights Fourth Quarter 2024 Financial Highlights - Total revenues reached US$26.0 million, a 19.5% increase from US$21.7 million in Q4 2023 [6][8]. - Gross profit was US$11.2 million, slightly down by 1.0% from US$11.3 million in Q4 2023 [6][12]. - Net loss narrowed to US$1.5 million from US$1.8 million in Q4 2023 [6][18]. - Adjusted net loss (non-GAAP) was US$3.1 million, compared to adjusted net income of US$1.1 million in Q4 2023 [6][22]. - Adjusted EBITDA (non-GAAP) was negative US$2.3 million, down from positive US$1.5 million in Q4 2023 [6][16]. Full Year 2024 Financial Highlights - Total revenues for 2024 were US$91.6 million, a 7.1% increase from US$85.6 million in 2023 [26][30]. - Net income was US$4.6 million, up from US$2.8 million in 2023 [35][36]. - Adjusted net income (non-GAAP) was US$4.5 million, down from US$8.5 million in 2023 [36][36]. - Adjusted EBITDA (non-GAAP) was US$7.1 million, compared to US$9.8 million in 2023 [33][33]. Operational Highlights - Total data consumed through the platform in Q4 2024 was 42,577 terabytes, a decrease of 3.3% from 44,011 terabytes in Q4 2023 [6]. - Average daily active terminals were 308,386, down 2.5% from 316,207 in Q4 2023 [6]. - In 2024, total data consumed was 172,912 terabytes, a decrease of 4.1% from 180,259 terabytes in 2023 [6]. - Average daily active terminals for 2024 were 316,688, a slight increase of 0.2% from 316,104 in 2023 [6]. Geographic Distribution - In Q4 2024, Japan contributed 53.6% to total revenues, while Mainland China contributed 20.0% [9]. - For the full year 2024, Japan contributed 47.4%, and Mainland China contributed 24.0% to total revenues [27]. Business Outlook - For Q1 2025, UCLOUDLINK expects total revenues between US$18.2 million and US$19.5 million, representing a 0.6% to 7.7% increase compared to Q1 2024 [41]. - For the full year 2025, total revenues are expected to be between US$95.0 million and US$130.0 million, indicating a growth of 3.7% to 41.9% from 2024 [41].

UCLOUDLINK GROUP INC. (UCL) will report its fourth-quarter 2024 results on March 13, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.The consensus estimate for loss is pegged at 6 cents per share, whereas it incurred a loss of 5 cents in the year-ago quarter. The Zacks Consensus Estimate for revenues for the to-be-reported quarter is $25 million, suggesting 15.1% growth on a year-over-year basis. There has been no change in analyst estimates or revisions lately. Image Sour ...

HONG KONG, March 07, 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 was one of the first batch of 13 foreign-invested companies to receive approval for pilot operations of value-added telecommunications services by China’s Ministry of Industry and Information Technology (the “MIIT”). With the approval, UCLOUDLINK will be permitted to engage in value-added telecommunic ...

Core Viewpoint - UCLOUDLINK GROUP INC. will report its unaudited financial results for Q4 and the full year ended December 31, 2024, on March 13, 2025, before U.S. markets open [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 8:30 a.m. U.S. Eastern Time on the same day [1] - The company is the world's first and leading mobile data traffic sharing marketplace, focusing on the telecommunications industry [3] Group 2: Conference Call Details - Listeners can access the call through various international and local toll-free numbers, including options for the U.S., UK, Mainland China, Hong Kong, Singapore, and Australia [2] - A live and archived webcast of the conference call will be available on the company's investor relations website [2] Group 3: Company Overview - UCLOUDLINK's business model is based on the sharing economy, providing unique value to mobile data users, handset companies, MVNOs, and MNOs [3] - The company utilizes innovative cloud SIM technology to enhance mobile data connectivity, offering reliable service, high speeds, and competitive pricing [3]

Core Insights - uCloudlink introduces the "Global First Network" concept aimed at transforming connectivity for IoT devices, individuals, and pets through innovative technologies [1][3] - The company emphasizes delivering convenient, secure, and premium connectivity across mobile internet, fixed broadband/Wi-Fi, and satellite communications with centralized AI management [2][10] Product Innovations - The PetPhone is the world's first smartphone for pets, enabling two-way interaction and featuring AI-powered live calls, global positioning, and health monitoring [4][10] - The eSIM TRIO combines OTA SIM, eSIM, and CloudSIM technologies, providing seamless global coverage and eliminating costly international roaming [5] - The MeowGo G50 Max is a mobile Wi-Fi hotspot that offers connectivity across multiple networks, powered by HyperConn™ technology [6] - The CloudSIM Kit delivers instant global 4G and 5G connectivity for IoT devices without requiring hardware modifications [7] Strategic Partnerships - uCloudlink aims to build a robust partner network with telecom and technology players to enhance service quality and unlock new revenue streams [8][9] - The company believes partnerships are essential for driving innovation and resolving issues like roaming costs and network congestion [9] Connectivity Solutions - uCloudlink's IoT connectivity solutions enhance network coverage and quality with reliable multi-network support and AI management [10] - The company focuses on people-centric connectivity, ensuring high-speed, reliable internet access globally without traditional roaming limitations [10] - The introduction of the PetPhone represents a significant advancement in pet connectivity, enhancing safety, health tracking, and community engagement for pet owners [10] Event Participation - uCloudlink invites attendees to its product launch at MWC Networking Hub, showcasing innovations that revolutionize connectivity for IoT, people, and pets [11]

Core Insights - UCLOUDLINK GROUP INC. has been awarded the "Best of CES 2025: Breakthrough Award" for its GlocalMe UniCord solution, highlighting its innovative approach in the mobile data sharing marketplace [1][2]. Company Overview - UCLOUDLINK is recognized as the world's first and leading mobile data traffic sharing marketplace, pioneering a sharing economy business model within the telecommunications industry [4]. - The company offers unique value propositions to various stakeholders, including mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs), and mobile network operators (MNOs) [4]. Product Highlights - The GlocalMe UniCord solution is part of UCLOUDLINK's expanding GlocalMe Life series and features built-in cloud-SIM solutions and multiple positioning systems, making it a standout product among numerous competitive entries [2]. - UniCord is marketed as an essential travel accessory, designed to eliminate the need for multiple chargers and SIM cards, thus enhancing convenience for frequent travelers [2]. Leadership Perspective - The CEO of UCLOUDLINK expressed excitement regarding the award, emphasizing the company's commitment to user-centric innovation and the importance of connectivity for both business and leisure travelers [3].

Core Insights - UCLOUDLINK GROUP INC. has been awarded the "Best of CES 2025: Breakthrough Award" for its GlocalMe UniCord solution, highlighting its innovative approach in the mobile data sharing marketplace [1][2]. Company Overview - UCLOUDLINK is recognized as the world's first and leading mobile data traffic sharing marketplace, pioneering a sharing economy business model within the telecommunications industry [4]. - The company offers unique value propositions to various stakeholders, including mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs), and mobile network operators (MNOs) [4]. Product Highlights - The GlocalMe UniCord solution is part of UCLOUDLINK's expanding GlocalMe Life series and features built-in cloud-SIM solutions and multiple positioning systems, making it a standout product for frequent travelers [2]. - UniCord eliminates the need for multiple chargers and SIM cards, enhancing convenience and connectivity for users [2]. Leadership Perspective - The CEO of UCLOUDLINK expressed excitement about the award, emphasizing the company's commitment to user-centric innovation and the importance of connectivity for both business and leisure travelers [3].

Core Viewpoint - The article emphasizes the importance of value investing and highlights uCloudlink Group (UCL) as a strong value stock based on its financial metrics and Zacks Rank [1][2][7] Company Metrics - uCloudlink Group (UCL) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4] - The current P/E ratio of UCL is 14.20, significantly lower than the industry average P/E of 28.75, suggesting that UCL may be undervalued [4] - UCL's P/B ratio stands at 2.37, compared to the industry's average P/B of 6.35, further indicating solid valuation metrics [5] - The P/CF ratio for UCL is 10.01, which is also lower than the industry average P/CF of 33.41, reinforcing the notion of UCL being undervalued [6] Historical Performance - Over the past year, UCL's Forward P/E has fluctuated between a high of 290 and a low of 4.29, with a median of 28.20 [4] - The P/B ratio for UCL has ranged from a high of 4.84 to a low of 1.67, with a median of 3 [5] - UCL's P/CF ratio has varied from a high of 31.78 to a low of 7.05, with a median of 11.38 [6] Investment Outlook - The combination of UCL's strong financial metrics and positive earnings outlook positions it as an attractive value stock in the current market [7]