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UTStarcom Holdings Corp (UTSI)

NASDAQ: UTSI · IEX Real-Time Price · USD
1.10
-0.06 (-5.17%)
After-hours:Oct 22, 2021 5:02 PM EDT
1.16
0.03 (2.65%)
At close: Oct 22, 4:00 PM
Market Cap41.25M
Revenue (ttm)19.29M
Net Income (ttm)-11.38M
Shares Out36.18M
EPS (ttm)-0.32
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume45,460
Open1.13
Previous Close1.13
Day's Range1.12 - 1.18
52-Week Range0.82 - 2.54
Beta1.43
AnalystsStrong Buy
Price Target2.50 (+115.5%)
Est. Earnings Daten/a

About UTSI

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, Taiwan, and internationally. The company's products include packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products, as well as smart retail products. It serves telecommunications and cable service providers. The company was founde...

IndustryCommunications Equipment
IPO DateMar 3, 2000
Employees299
Stock ExchangeNASDAQ
Ticker SymbolUTSI
Full Company Profile

Financial Performance

In 2020, UTSI's revenue was $24.31 million, a decrease of -62.96% compared to the previous year's $65.62 million. Losses were -$23.68 million, 505.1% more than in 2019.

Financial Statements

Analyst Forecast

According to one analyst, the rating for UTSI stock is "Strong Buy" and the 12-month stock price forecast is 2.50.

Price Target
$2.50
(115.52% upside)
Analyst Consensus: Strong Buy

News

UTStarcom signed a strategic cooperation agreement with Zhongrui Technology

HANGZHOU, China, Sept. 16, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced that UTStarcom Communicat...

1 month ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for First Half of 2021

HANGZHOU, China, Aug. 13, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results f...

2 months ago - GlobeNewsWire

UTStarcom Announces Change to its Board of Directors

HUANGZHOU, China, Aug. 13, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that Dr. Zhaochen Huang has ren...

2 months ago - GlobeNewsWire

3 (Almost) Penny Stocks Poised to Benefit From the Infrastructure Bill

These three infrastructure companies with penny stocks (or similarly low-price shares) stand to benefit from the upcoming bipartisan bill. The post 3 (Almost) Penny Stocks Poised to Benefit From the Inf...

Other symbols:AMPGTGB
4 months ago - InvestorPlace

UTStarcom Names Hua Li As CEO, Ning Shan As Chairman

UTStarcom Holdings Corp (NASDAQ: UTSI) has named Hua Li as the CEO effective June 16. Li succeeds Dr. Zhaochen Huang, who will depart as the CEO on June 15.

4 months ago - Benzinga

UTStarcom Names Hua Li as New Chief Executive Officer and Announces Changes to Its Board of Directors

HANGZHOU, China, May 24, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today named Mr. Hua Li as the Company's new Chief...

4 months ago - GlobeNewsWire

UTStarcom Files 2020 Form 20-F

TOKYO, April 21, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today filed its Annual Report on Form 20-F for the year en...

6 months ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2020

HANGZHOU, China, March 25, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results ...

6 months ago - GlobeNewsWire

3 Net Current Asset Value Stocks

There are some investors who buy U.S.-listed equities that are trading below their liquidation value because they are convinced they can gain from these kinds of investments after the market has reasses...

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7 months ago - GuruFocus

The 4 Best 5G Penny Stocks Right Now

List of 4 Top 5G Penny Stocks for Your Watch List Despite the pandemic, civil unrest, and an assortment of issues and hurdles that have plagued us throughout the past year one thing is for certain, the ...

Other symbols:BRQSGSATVEON
9 months ago - Benzinga

UTStarcom Expands Cooperation with a Mobile Operator in Europe and Releases a New High-Performance Access Platform

HANGZHOU, China, Jan. 11, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today that it is expanding its c...

9 months ago - GlobeNewsWire

UTStarcom Announces Executive Management and Board Changes

HANGZHOU, China, Dec. 31, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced changes to the Board of Di...

9 months ago - GlobeNewsWire

UTStarcom Announces a Milestone in the Network Operating System (NOS) Cooperation Agreement

HANGZHOU, China, Dec. 28, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today that it achieved an import...

9 months ago - GlobeNewsWire

UTSI Stock: 10 Things for Investors to Know About UTStarcom Holdings

UTStarcom Holdings (UTSI) stock is on the rise Thursday with heavy trading despite a lack of news concerning the company. The post UTSI Stock: 10 Things for Investors to Know About UTStarcom Holdings ap...

10 months ago - InvestorPlace

UTStarcom Announces Progress in the Development of a Disaggregated Solution for 5G Transport Networks

HANGZHOU, China, Nov. 06, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today the Company's progress in ...

11 months ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for First Half of 2020

HANGZHOU, China, Oct. 30, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results f...

11 months ago - GlobeNewsWire

3 Net Net Working Capital Stocks to Have a Look At

There are some investors who buy stocks that are trading below their liquidation value because they believe they can achieve impressive gains from their investments after the market has reassessed the s...

Other symbols:CGA
1 year ago - GuruFocus

UTStarcom Announces New Product in its SkyFlux Converged Packet Transport Platform

HANGZHOU, China, Sept. 29, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today a new product in the Sk...

1 year ago - GlobeNewsWire

UTStarcom (UTSI) Surges: Stock Moves 8.7% Higher

UTStarcom (UTSI) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

1 year ago - Zacks Investment Research

UTStarcom Launches SkyFlux Converged Packet Transport Platform and Postpones the Release of First Half 2020 Financial...

HANGZHOU, China, Aug. 31, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today introduced a Converged Packet Tran...

1 year ago - GlobeNewsWire

UTStarcom Updates Financial Release Schedule

HANGZHOU, China, May 20, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced the intention to report i...

1 year ago - GlobeNewsWire

UTStarcom Files 2019 Form 20

HANGZHOU, China, April 29, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today filed its Annual Report on Form 20-F for...

1 year ago - GlobeNewsWire

UTStarcom Announces Resignation of Vice President of Finance

HANGZHOU, China, April 28, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced that Mr. Eric Lam, is r...

1 year ago - GlobeNewsWire

UTStarcom Announces CEO to Take Medical Leave of Absence

HONG KONG, March 16, 2020 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today that Mr. Tim Ti, UTStarcom's ...

1 year ago - GlobeNewsWire

UTStarcom Holdings Corp. (UTSI) CEO Tim Ti on Q3 2019 Results - Earnings Call Transcript

UTStarcom Holdings Corp. (UTSI) CEO Tim Ti on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha