UCLOUDLINK will report Q3 2024 financial results on November 26, followed by a conference call for discussion.
Quiver AI Summary
UCLOUDLINK GROUP INC. announced that it will release its unaudited financial results for the third quarter of 2024 on November 26, 2024, before U.S. markets open. A conference call to discuss the results will take place at 8:30 a.m. U.S. Eastern Time on the same day. The call can be accessed by dialing various phone numbers provided for international listeners, and a live and archived webcast will be available on the company's investor relations website. UCLOUDLINK is recognized as the first and leading mobile data traffic sharing marketplace, utilizing innovative cloud SIM technology to enhance mobile data connectivity and services for users and telecommunications partners.
Potential Positives
- The announcement of the third quarter financial results reporting schedule highlights the company's commitment to transparency and regular communication with investors.
- The hosting of a conference call provides an opportunity for stakeholders to directly engage with management, fostering investor relations and trust.
- The mention of UCLOUDLINK as the world’s first and leading mobile data traffic sharing marketplace reinforces its position as an innovator in the telecommunications sector.
- The company's innovative cloud SIM technology and architecture are emphasized, showcasing its competitive edge and commitment to customer value.
Potential Negatives
- The lack of any prior financial results or updates before the upcoming report might suggest instability or lack of transparency regarding the company's financial health.
- The announcement of unaudited financial results could raise concerns about the reliability and governance of the company’s financial reporting.
FAQ
When will UCLOUDLINK report its Q3 2024 financial results?
UCLOUDLINK will report its unaudited financial results on November 26, 2024, before U.S. markets open.
What time is the conference call for UCLOUDLINK's Q3 results?
The conference call will take place at 8:30 a.m. U.S. Eastern Time on November 26, 2024.
How can I access the conference call for UCLOUDLINK?
Listeners can dial +1-412-902-4272 or use the toll-free number +1-888-346-8982 in the U.S.
Where can I find the webcast of the UCLOUDLINK conference call?
A live and archived webcast will be available at https://ir.ucloudlink.com.
What technology does UCLOUDLINK use for mobile data sharing?
UCLOUDLINK utilizes innovative cloud SIM technology for its mobile data traffic sharing marketplace.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UCL Hedge Fund Activity
We have seen 3 institutional investors add shares of $UCL stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NOMURA HOLDINGS INC removed 970,882 shares (-100.0%) from their portfolio in Q2 2024
- MORGAN STANLEY removed 94,516 shares (-95.3%) from their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC added 900 shares (+3.0%) to their portfolio in Q3 2024
- BLACKROCK, INC. added 508 shares (+inf%) to their portfolio in Q3 2024
- TOWER RESEARCH CAPITAL LLC (TRC) added 104 shares (+inf%) to their portfolio in Q3 2024
- UBS GROUP AG removed 94 shares (-100.0%) from their portfolio in Q2 2024
- GEODE CAPITAL MANAGEMENT, LLC added 0 shares (+0.0%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HONG KONG, Nov. 19, 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 that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Tuesday, November 26, 2024.
Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 9:30 p.m. Beijing Time the same day.
Listeners may access the call by dialing:
| International: | +1-412-902-4272 |
| US (Toll Free): | +1-888-346-8982 |
| UK (Toll Free) | 0-800-279-9489 |
| UK (Local Toll) | 0-207-544-1375 |
| Mainland China (Toll Free): | 400-120-1203 |
| Hong Kong (Toll Free): | 800-905-945 |
| Hong Kong (Local Toll): | +852-3018-4992 |
| Singapore (Toll Free): | 800-120-6157 |
| Australia (Toll Free): | 1-800-121301 |
Participants should dial in at least 10 minutes before the scheduled start time and ask to be connected to the call for “UCLOUDLINK GROUP INC.” Additionally, a live and archived webcast of the conference call will be available at https://ir.ucloudlink.com .
A telephone replay will be available one hour after the end of the conference until December 3, 2024, by dialing:
| US (Toll Free): | +1-877-344-7529 |
| International: | +1-412-317-0088 |
| Canada (Toll Free): | 855-669-9658 |
| Replay Passcode: | 4843023 |
About UCLOUDLINK GROUP INC.
UCLOUDLINK is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.
For more information, please contact:
| UCLOUDLINK GROUP INC. | Investor Relations: Christensen Advisory |
| Daniel Gao | Christian Arnell, Managing Director |
| Tel: +852-2180-6111 | Tel: +852-2117-0861 |
| E-mail: ir@ucloudlink.com | E-mail: ucloudlink@christensencomms.com |
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