UCLOUDLINK(UCL) - 2023 Q1 - Quarterly Report

Exhibit 99.1 UCLOUDLINK GROUP INC. Announces Unaudited First Quarter 2023 Financial Results Hong Kong, May 18, 2023 – 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, 2023. First Quarter 2023 Financial Highlights ● Total revenues were US$18.0 million, representing an increase of 15.3% from US$15.6 million in the first quarter of 2022. ...