News Summary:
UCloud Technology Co. Ltd. reported sales of CNY 438.75 million for the first quarter ended March 31, 2026, an increase from CNY 375.74 million in the prior year period. The company recorded a net income of CNY 2.74 million, turning around from a net loss of CNY 44.73 million a year ago. Earlier, on April 6, 2026, Ucloud secured a "Rising Star of the Year (Europe)" nomination in the international 11:11 Partner Awards 2025 program, recognizing its implementations based on the 11:11 Systems platform, financial performance, and contributions to IT infrastructure resilience, with its technical platform meeting VMware Cloud Foundation 9 requirements. This followed the company's announcement on January 3, 2026, that it completed its equity buyback plan, initially unveiled on October 22, 2025. Between September 29, 2025, and December 31, 2025, UCloud repurchased 150,000 shares, representing 0.03% of its equity, for CNY 3.53 million. Previously, on October 30, 2025, UCloud Technology Co. Ltd. reported sales of CNY 1227.16 million for the nine months ended September 30, 2025, up from CNY 1094.06 million a year prior. Its net loss narrowed to CNY 83.43 million from CNY 165.28 million in the same period, with basic and diluted loss per share from continuing operations improving to CNY 0.18 from CNY 0.36.
Subscribe for full access to UCloud's profile
Subscribe for full access to UCloud's products in full detail 
