UTStarcom Holdings Corp. (UTSI)

NASDAQ: UTSI · IEX Real-Time Price · USD
2.590
-0.020 (-0.77%)
At close: Apr 19, 2024, 3:49 PM
2.670
+0.080 (3.09%)
After-hours: Apr 19, 2024, 4:00 PM EDT
-0.77%
Market Cap 23.50M
Revenue (ttm) 15.75M
Net Income (ttm) -4.02M
Shares Out 9.07M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 426
Open 2.620
Previous Close 2.610
Day's Range 2.590 - 2.620
52-Week Range 2.400 - 4.150
Beta 0.45
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. 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 also offers packet optical and network synchronization produc... [Read more]

Sector Technology
IPO Date Mar 3, 2000
Employees 241
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 -$4.02 million, -19.73% less than in 2022.

Financial Statements

News

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...

24 days 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 ...

4 weeks 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...

8 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...

1 year 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 ...

1 year 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

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 ...

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...

2 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

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...

3 years ago - GlobeNewsWire