UTStarcom Holdings Corp (UTSI)

NASDAQ: UTSI · IEX Real-Time Price · USD
3.74
+0.16 (4.56%)
Aug 16, 2022 11:07 AM EDT - Market open
4.56%
Market Cap 34.06M
Revenue (ttm) 15.92M
Net Income (ttm) -5.83M
Shares Out 9.11M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 563
Open 3.76
Previous Close 3.58
Day's Range 3.74 - 3.76
52-Week Range 2.44 - 5.40
Beta 0.93
Analysts Buy
Price Target n/a
Earnings Date Jun 30, 2022

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...]

Industry Communications Equipment
IPO Date Mar 3, 2000
CEO Zhaochen Huang
Employees 238
Stock Exchange NASDAQ
Ticker Symbol UTSI
Full Company Profile

Financial Performance

In 2021, UTSI's revenue was $15.92 million, a decrease of -34.51% compared to the previous year's $24.31 million. Losses were -$5.83 million, -75.38% less than in 2020.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
n/a
Analyst Consensus: Buy
Stock Forecasts

News

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 S...

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 no...

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 th...

UTStarcom Announces Results of Extraordinary Meeting of Shareholders and Effectiveness of One-for-Four Reverse Share ...

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 extr...

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 me...

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 extraordinar...

BEST Inc. Announces Changes to its Board of Directors

HANGZHOU, China , May 11, 2022 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announc...

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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 for ...

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 results ...

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 delinqu...

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

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

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 resigned ...

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...

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...

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

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.

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...

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...

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 ...

3 Net Current Asset Value Stocks

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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 ...

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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...

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...

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...

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...