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UTStarcom Holdings Corp. H2 Loss Widens

March 24, 2025 — 06:35 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - UTStarcom Holdings Corp. (UTSI) announced Loss for its second half of -$2.35 million

The company's bottom line totaled -$2.35 million, or -$0.26 per share. This compares with -$1.84 million, or -$0.20 per share, last year.

The company's revenue for the period fell 44.2% to $5.16 million from $9.24 million last year.

UTStarcom Holdings Corp. earnings at a glance (GAAP) :

-Earnings: -$2.35 Mln. vs. -$1.84 Mln. last year. -EPS: -$0.26 vs. -$0.20 last year. -Revenue: $5.16 Mln vs. $9.24 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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