uCloudlink Group Inc. (NASDAQ:UCL) Q2 2023 Earnings Conference Call August 16, 2023 8:30 AM ET

Company Participants

Jillian Zeng - Investor Relations

Chaohui Chen - Co-Founder and Director, Chief Executive Officer

Yimeng Shi - Chief Financial Officer

Conference Call Participants

Theodore O'Neill - Litchfield Hills Research

Vivian Zang - Diamond Equity Research

Yanxin Li - Great Wall Securities

Operator

Good day, and welcome to the uCloudlink Group, Inc. Second Quarter 2023 Earnings Conference Call. All participants’ will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

I would now like to turn the conference over to Jillian Zeng, Investor Relations. Please go ahead.

Jillian Zeng

Thanks, everyone, for joining us on our second quarter 2023 earnings call today. The earnings release is now available on our IR website at ir.ucloudlink.com, as well as our newswire services.

I will give a brief introduction to our uCloudlink management team Mr. Zhiping Peng is our Cofounder and Chairman of Board of Directors. Mr. Chaohui Chen is our Cofounder, Director and Chief Executive Officer Mr. Yimeng Shi is our Chief Financial Officer.

Mr. Chaohui Chen, our Co-Founder and CEO, will begin with an overview of the company's recent business highlights, which will cover the earnings presentation posted on our IR website. Mr. Yimeng Shi, our CFO, will then discuss company's operational highlights and the financial results.

Before we proceed, please note that this call may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Security Litigation Reform Act of 1995. These forward-looking statements are based are based on management's current expectations and automations that involve known and unknown risks, uncertainties and other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or expectations implied by these forward-looking statements.

All forward-looking statements are expressly qualified in their entity by the company’s statements, risk factors and details of the company's filings with the SEC. The company does not assume any obligation or revise or update any forward-looking statements as a result of new information, due to event trends in market conditions or otherwise, except as required by law.

Please also note that uCloudlink Earnings Press Release and this conference call include discussions of the unaudited GAAP financial information and an unaudited non-GAAP financial measures, uCloudlink press release contains a reconciliation of the unaudited non-GAAP measures to the unaudited most directly comparable GAAP measures.