uCloudlink Group Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 19.61 million compared to USD 17.57 million a year ago. Net loss was USD 1.05 million compared to USD 15.5 million a year ago.
For the full year, revenue was USD 71.46 million compared to USD 73.82 million a year ago. Net loss was USD 19.85 million compared to USD 46.04 million a year ago. Basic loss per share from continuing operations was USD 0.6 compared to USD 1.6 a year ago. Diluted loss per share from continuing operations was USD 0.6 compared to USD 1.6 a year ago.