uCloudlink Group Inc. Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million

Reuters

05-21

uCloudlink Group Inc. Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million

UCLOUDLINK GROUP INC. has announced its unaudited financial results for the first quarter of 2025. Total revenues reached $18.7 million, marking a 3.4% increase from $18.1 million in the first quarter of 2024. Notably, revenues from services were $14.2 million, up 4.9% from $13.5 million in the same period of the previous year, driven primarily by an increase in international data connectivity services. However, the company reported a net loss of $0.6 million, contrasting with a net income of $0.4 million in the first quarter of 2024. Additionally, UCLOUDLINK experienced a loss from operations of $0.5 million, compared to an income from operations of $0.5 million in the same period last year. The company expects total revenues for the second quarter of 2025 to range between $23.0 million and $25.0 million, representing an increase of 2.7% to 11.6% compared to the same period of 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. uCloudlink Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9455559-en) on May 21, 2025, and is solely responsible for the information contained therein.

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Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      uCloudlink Group Inc. Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        UCLOUDLINK GROUP INC. has announced its unaudited financial results for the first quarter of 2025. Total revenues reached $18.7 million, marking a 3.4% increase from $18.1 million in the first quarter of 2024. Notably, revenues from services were $14.2 million, up 4.9% from $13.5 million in the same period of the previous year, driven primarily by an increase in international data connectivity services. However, the company reported a net loss of $0.6 million, contrasting with a net income of $0.4 million in the first quarter of 2024. Additionally, UCLOUDLINK experienced a loss from operations of $0.5 million, compared to an income from operations of $0.5 million in the same period last year. The company expects total revenues for the second quarter of 2025 to range between $23.0 million and $25.0 million, representing an increase of 2.7% to 11.6% compared to the same period of 2024.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-21 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      uCloudlink Group Inc. Reports 3.4% Increase in Q1 2025 Revenues, Net Loss of $0.6 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        UCLOUDLINK GROUP INC. has announced its unaudited financial results for the first quarter of 2025. Total revenues reached $18.7 million, marking a 3.4% increase from $18.1 million in the first quarter of 2024. Notably, revenues from services were $14.2 million, up 4.9% from $13.5 million in the same period of the previous year, driven primarily by an increase in international data connectivity services. However, the company reported a net loss of $0.6 million, contrasting with a net income of $0.4 million in the first quarter of 2024. Additionally, UCLOUDLINK experienced a loss from operations of $0.5 million, compared to an income from operations of $0.5 million in the same period last year. The company expects total revenues for the second quarter of 2025 to range between $23.0 million and $25.0 million, representing an increase of 2.7% to 11.6% compared to the same period of 2024.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. uCloudlink Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9455559-en) on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"纳斯达克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL9vxqsP:1","article_id":"2537019476","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537019476","pubTimestamp":1747814419,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"UCLOUDLINK GROUP INC. has announced its unaudited financial results for the first quarter of 2025. 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