UCLOUDLINK(UCL) - 2024 Q3 - Quarterly Report

Third Quarter 2024 Operational Highlights Executive Commentary Mr. Chaohui Chen, Director and Chief Executive Officer of UCLOUDLINK, said, "Revenues were in-line with our expectations during the third quarter of 2024, increasing 5.6% year-over-year to US$25.2 million as we drive growth momentum. Our financial position remains solid, with a net income reaching US$3.4 million and a positive net cash inflow from operations of US$2.0 million. Our 1.0 international data connectivity services business continued t ...