UTStarcom Holdings Corp. (UTSI)

NASDAQ: UTSI · IEX Real-Time Price · USD
3.57
-0.05 (-1.38%)
Jun 5, 2023, 11:01 AM EDT - Market open
-1.38%
Market Cap 33.29M
Revenue (ttm) 14.05M
Net Income (ttm) -5.00M
Shares Out 9.33M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 557
Open 3.56
Previous Close 3.62
Day's Range 3.56 - 3.59
52-Week Range 2.60 - 5.03
Beta 0.74
Analysts n/a
Price Target n/a
Earnings Date Mar 24, 2023

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. It serves telecommunications and cable service providers. The company was founded in 1991 and is based in Hangzhou... [Read more]

Sector Technology
IPO Date Mar 3, 2000
Employees 241
Stock Exchange NASDAQ
Ticker Symbol UTSI
Full Company Profile

Financial Performance

In 2022, UTSI's revenue was $14.05 million, a decrease of -11.74% compared to the previous year's $15.92 million. Losses were -$5.00 million, -14.17% less than in 2021.

Financial Statements

News

UTStarcom Files 2022 Form 20-F

HANGZHOU, China, April 27, 2023 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today filed its Annual Report on Form 20-F fo...

1 month ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2022

HANGZHOU, China, March 24, 2023 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited fin...

2 months ago - GlobeNewsWire

UTStarcom Announces New SyncRing PTP Grandmaster

HANGZHOU, China, Jan. 04, 2023 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today introduced the SyncRing XGM30E PTP...

5 months ago - GlobeNewsWire
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UTStarcom Reports Unaudited Financial Results for First Half of 2022

HANGZHOU, China, Sept. 02, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited fin...

9 months ago - GlobeNewsWire

UTStarcom Announces Management Changes

HANGZHOU, China, Sept. 02, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the appointments...

9 months ago - GlobeNewsWire

UTStarcom Launches the SkyFlux UAR Disaggregated Router Platform

HANGZHOU, China, July 29, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced its newest platform, the...

11 months ago - GlobeNewsWire

UTStarcom Regains NASDAQ Listing Compliance

HANGZHOU, China, July 15, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the Company received a formal ...

11 months ago - GlobeNewsWire

UTStarcom Wins Disaggregated Platform Design Services RFP from China Telecom Research Institute

HANGZHOU, China, June 30, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced that it was selected as ...

1 year ago - GlobeNewsWire
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UTStarcom Announces Results of Extraordinary Meeting of Shareholders and Effectiveness of One-for-Four Reverse Share Split

HANGZHOU, China, June 28, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the official results of its ex...

1 year ago - GlobeNewsWire

UTStarcom Reschedules Extraordinary General Meeting of Shareholders to June 28 and Releases Proxy Statement

HANGZHOU, China, May 27, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that the extraordinary general ...

1 year ago - GlobeNewsWire

UTStarcom Announces Date for Extraordinary General Meeting to Approve Reverse Share Split

HANGZHOU, China, May 18, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that it will hold an extraordin...

1 year ago - GlobeNewsWire

UTStarcom Files 2021 Form 20-F

HANGZHOU, China, April 26, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today filed its Annual Report on Form 20-F fo...

1 year ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2021

HANGZHOU, China, March 24, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial result...

1 year ago - GlobeNewsWire
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UTStarcom Receives Nasdaq Notice Regarding Minimum Bid Price Requirements

HANGZHOU, China, Jan. 28, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced that it received a delin...

1 year ago - GlobeNewsWire

UTStarcom Announces Progress in Cooperation with China Unicom Research Institute on Development of 5G Transport Network Solution

HANGZHOU, China, Jan. 04, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced progress with China Unic...

1 year ago - GlobeNewsWire

UTStarcom Announces Change to its Board of Directors

HANGZHOU, China, Nov. 19, 2021 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that Ms. Wendong Zhang resigne...

1 year ago - GlobeNewsWire

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 Communic...

1 year 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...

1 year ago - GlobeNewsWire

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.

2 years 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 Chi...

2 years 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 ...

2 years 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 result...

2 years ago - GlobeNewsWire

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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 reass...

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2 years 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, th...

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2 years 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...

2 years ago - GlobeNewsWire