Edition:
India

UTStarcom Holdings Corp (UTSI.OQ)

UTSI.OQ on NASDAQ Stock Exchange Global Select Market

3.57USD
12 Nov 2018
Change (% chg)

$0.00 (+0.00%)
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$3.57
Open
$3.55
Day's High
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$3.55
Volume
16
Avg. Vol
4,789
52-wk High
$6.51
52-wk Low
$3.16

Latest Key Developments (Source: Significant Developments)

UTStarcom Q2 Revenue $28.5 Mln Versus $31.5 Mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - UTStarcom Holdings Corp ::UTSTARCOM REPORTS UNAUDITED FINANCIAL RESULTS FOR SECOND QUARTER 2018.Q2 EARNINGS PER SHARE $0.00.Q2 REVENUE $28.5 MILLION VERSUS $31.5 MILLION.SEES Q3 REVENUE $38 MILLION TO $43 MILLION.Q2 2018 NET INTEREST INCOME WAS $0.3 MILLION, COMPARED TO $0.2 MILLION IN CORRESPONDING PERIOD IN 2017.  Full Article

UTStarcom Reports Q4 Non-GAAP Loss Per Share $0.09
Friday, 9 Mar 2018 

March 9 (Reuters) - UTStarcom Holdings Corp ::UTSTARCOM REPORTS UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2017.Q4 NON-GAAP LOSS PER SHARE $0.09.Q4 LOSS PER SHARE $0.10.Q4 REVENUE FELL 33.8 PERCENT TO $18.2 MILLION.SEES Q1 2018 REVENUE $18 MILLION TO $23 MILLION.Q4 REVENUE WAS SIMPLY IMPACTED BY TIMING OF ORDER DELIVERY.  Full Article

Utstarcom To Form JV With Zhejiang-Based Manufacturer Of Refrigerators In China​
Thursday, 8 Mar 2018 

March 8 (Reuters) - Utstarcom Holdings Corp ::UTSTARCOM - ‍SIGNED AGREEMENT TO FORM JV WITH ZHEJIANG-BASED DEVELOPER & MANUFACTURER OF REFRIGERATORS IN CHINA​.  Full Article

UTStarcom Wins Major Project In India
Thursday, 8 Mar 2018 

March 8 (Reuters) - UTStarcom Holdings Corp ::UTSTARCOM WINS MAJOR PROJECT IN INDIA.UTSTARCOM HOLDINGS CORP - ANNOUNCED PROJECT WIN IN INDIA WITH BHARAT SANCHAR NIGAM LIMITED.UTSTARCOM HOLDINGS CORP - WAS CONTRACTED TO HELP BUILD OUT CLASS 5 NEXT GENERATION NETWORK INFRASTRUCTURE WITHIN NEW NETWORK FOR BSNL.  Full Article

Qiao Zhongxing Reports 9.9 Percent Stake In UTStarcom
Saturday, 9 Dec 2017 

Dec 8 (Reuters) - UTStarcom Holdings Corp ::QIAO ZHONGXING REPORTS 9.9 PERCENT STAKE IN UTSTARCOM HOLDINGS CORP AS OF NOVEMBER 28 - SEC FILING.  Full Article

UTStarcom reports Q3 earnings per share of $0.06
Monday, 20 Nov 2017 

Nov 20 (Reuters) - UTStarcom Holdings Corp :UTStarcom reports unaudited financial results for the third quarter of 2017.Q3 non-GAAP earnings per share $0.07.Q3 earnings per share $0.06.Q3 revenue rose 58.9 percent to $26 million.  Full Article

UTStarcom announces withdrawal of preliminary non-binding proposal to acquire the company
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - UTStarcom Holdings Corp :UTStarcom announces withdrawal of preliminary non-binding proposal to acquire the company.UTStarcom Holdings - ‍special committee of board received notice to withdraw preliminary non-binding take-private proposal letter dated March 31.UTStarcom -got notice from Shah Capital Opportunity, Himanshu Shah, Hong Liang Lu, and Tenling Ti to withdraw preliminary take-private proposal letter​.  Full Article

Shah Capital along with consortium withdraws proposal to buyout UTStarcom Holdings
Monday, 23 Oct 2017 

Oct 23 (Reuters) - UTStarcom Holdings Corp :Shah Capital along with consortium withdraws proposal to buyout UTStarcom Holdings Corp - SEC filing.  Full Article

Shanghai Phicomm communication writes to UTStarcom Holdings board
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Shanghai Phicomm Communication: :Shanghai Phicomm Communication writes to UTStarcom Holdings board - sec filing.Shanghai Phicomm Communication expresses concern related to possible action by UTStarcom Holdings to adopt one or more anti-takeover measures.Shanghai Phicomm Communication says UTStarcom Holdings might take steps to discourage shareholders from increasing their shareholding in the company.Shanghai Phicomm Communication says it owns, along with its units and affiliates, about 14.1 percent stake in UTStarcom Holdings as of Oct 6.  Full Article

Shanghai Phicomm intends to oppose Utstarcom Consortium members’ proposal
Saturday, 10 Jun 2017 

June 9 (Reuters) - Utstarcom Holdings Corp ::Shanghai Phicomm-intend to oppose Utstarcom Consortium members’ proposal,any going private deal for utstarcom from Shah Capital proposal - sec filing.  Full Article