UTStarcom Holdings Corp. (UTSI)

NASDAQ: UTSI · IEX Real-Time Price · USD
2.290
-0.170 (-6.91%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-6.91%
Market Cap 21.61M
Revenue (ttm) 15.75M
Net Income (ttm) -3.85M
Shares Out 9.44M
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 222
Open 2.280
Previous Close 2.460
Day's Range 2.280 - 2.290
52-Week Range 2.200 - 4.150
Beta 0.42
Analysts n/a
Price Target n/a
Earnings Date Mar 22, 2024

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, and internationally. The company operates through Equipment and Services segments. Its products include converged packet transport, disaggregated router platform, packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products. The company... [Read more]

Sector Technology
IPO Date Mar 3, 2000
Employees 234
Stock Exchange NASDAQ
Ticker Symbol UTSI
Full Company Profile

Financial Performance

In 2023, UTSI's revenue was $15.75 million, an increase of 12.11% compared to the previous year's $14.05 million. Losses were -$3.85 million, -23.01% less than in 2022.

Financial Statements

News

UTStarcom Files 2023 Form 20-F

HANGZHOU, China, April 29, 2024 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today filed its Annual Report on Form 20-F fo...

6 weeks ago - GlobeNewsWire

UTStarcom Announces Changes to Its Board of Directors

HANGZHOU, China, March 26, 2024 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced changes to the Board of Direc...

2 months ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2023

HANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- UTStarcom (the Company) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the ...

3 months ago - GlobeNewsWire

UTStarcom Reports Unaudited Financial Results for First Half of 2023

HANGZHOU, China, Aug. 30, 2023 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited fina...

10 months ago - GlobeNewsWire

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 year 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...

1 year 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...

1 year ago - GlobeNewsWire

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...

1 year 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...

1 year 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...

2 years 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 ...

2 years 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 ...

2 years ago - GlobeNewsWire

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...

2 years 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 ...

2 years 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...

2 years 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...

2 years 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...

2 years ago - GlobeNewsWire

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...

2 years 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...

2 years 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...

2 years 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...

2 years 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...

3 years 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.

3 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...

3 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 ...

3 years ago - GlobeNewsWire