UCLOUDLINK GROUP INC. Announces Unaudited First Quarter 2024 Financial Results

HONG KONG, May 15, 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 ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenues were US$18.1 million, representing an increase of 0.7% from US$18.0 million in the first quarter of 2023.Gross profit was US$10.0 million, representing an increase of 16.3% from US$8. ...