UCLOUDLINK GROUP INC. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

HONG KONG, March 14, 2024 (GLOBE NEWSWIRE) -- 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 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 ...