How have UTSI shares performed in 2024?

UTStarcom's stock was trading at $3.44 at the start of the year. Since then, UTSI shares have decreased by 24.7% and is now trading at $2.59. View the best growth stocks for 2024 here .

Are investors shorting UTStarcom?

UTStarcom saw a decrease in short interest in March. As of March 31st, there was short interest totaling 13,600 shares, a decrease of 17.6% from the March 15th total of 16,500 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 4.1 days. Currently, 0.5% of the shares of the stock are short sold. View UTStarcom's Short Interest .

When is UTStarcom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 28th 2024. View our UTSI earnings forecast .

How were UTStarcom's earnings last quarter?

UTStarcom Holdings Corp. (NASDAQ:UTSI) announced its earnings results on Friday, March, 27th. The Wireless communications provider reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $0.28. The Wireless communications provider earned $14.18 million during the quarter, compared to the consensus estimate of $13.50 million.

When did UTStarcom's stock split?

Shares of UTStarcom reverse split on the morning of Wednesday, June 29th 2022. The 1-4 reverse split was announced on Wednesday, June 29th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 29th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

What is William Wong's approval rating as UTStarcom's CEO?

6 employees have rated UTStarcom Chief Executive Officer William Wong on Glassdoor.com . William Wong has an approval rating of 89% among the company's employees.

What other stocks do shareholders of UTStarcom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP) , Visa (V) , Fortive (FTV) , Lowe's Companies (LOW) , Advanced Micro Devices (AMD) , HP (HPQ) , Inovio Pharmaceuticals (INO) , Sierra Oncology (SRRA) , Viveve Medical (VIVE) and

How do I buy shares of UTStarcom?

Shares of UTSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:UTSI

UTStarcom (UTSI) Stock Price, News & Analysis

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Free UTSI Stock Alerts

$2.59

-0.04 (-1.52%)

(As of 04:22 PM ET)

Compare

Today's Range: $2.59
▼
$2.62
50-Day Range: $2.58
▼
$3.08
52-Week Range: $2.40
▼
$4.15

Volume: 426 shs
Average Volume: 3,354 shs
Market Capitalization: $24.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Competitors Financials Headlines Ownership SEC Filings Short Interest Social Media

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About UTStarcom Stock (NASDAQ: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 products. It serves telecommunications operators and equipment distributors. The company was founded in 1991 and is based in Hangzhou, the People's Republic of China.

UTSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UTSI Stock News Headlines

April 17, 2024 | americanbankingnews.com

UTStarcom (NASDAQ:UTSI) Now Covered by Analysts at StockNews.com

April 15, 2024 | americanbankingnews.com

UTStarcom Holdings Corp. (NASDAQ:UTSI) Short Interest Update

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.

March 27, 2024 | finance.yahoo.com

UTStarcom Holdings Full Year 2023 Earnings: US$0.44 loss per share (vs US$0.55 loss in FY 2022)

March 26, 2024 | globenewswire.com

UTStarcom Announces Changes to Its Board of Directors

March 22, 2024 | finanznachrichten.de

UTStarcom Holdings Corp.: UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2023

March 22, 2024 | seekingalpha.com

UTStarcom GAAP EPS of -$0.44, revenue of $15.8M

March 22, 2024 | globenewswire.com

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

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

February 8, 2024 | finance.yahoo.com

UTStarcom Holdings (NASDAQ:UTSI) Is In A Strong Position To Grow Its Business

November 14, 2023 | morningstar.com

UTStarcom Holdings Corp UTSI

November 1, 2023 | thestreet.com

U.S. Wireless Companies Champing at the China Bit

September 1, 2023 | finance.yahoo.com

Here's Why We're Not At All Concerned With UTStarcom Holdings' (NASDAQ:UTSI) Cash Burn Situation

August 30, 2023 | msn.com

UTStarcom GAAP EPS of -$0.22, revenue of $6.5M

August 30, 2023 | finanznachrichten.de

UTStarcom Holdings Corp.: UTStarcom Reports Unaudited Financial Results for First Half of 2023

August 30, 2023 | finance.yahoo.com

UTStarcom Reports Unaudited Financial Results for First Half of 2023

June 21, 2023 | fool.com

UTStarcom (NASDAQ: UTSI)

June 2, 2023 | uk.finance.yahoo.com

UTSI - UTStarcom Holdings Corp.

May 14, 2023 | investing.com

UTStarcom (UTSI) Earnings Dates & Reports

April 27, 2023 | finance.yahoo.com

UTStarcom Files 2022 Form 20-F

March 27, 2023 | finance.yahoo.com

UTStarcom Holdings Full Year 2022 Earnings: US$0.56 loss per share (vs US$0.65 loss in FY 2021)

March 24, 2023 | finanznachrichten.de

UTStarcom Holdings Corp.: UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2022

March 24, 2023 | finance.yahoo.com

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2022

January 4, 2023 | finance.yahoo.com

UTStarcom Announces New SyncRing PTP Grandmaster

December 17, 2022 | seekingalpha.com

UTSI UTStarcom Holdings Corp.

September 2, 2022 | nasdaq.com

UTStarcom Names New CFO, CTO, Effective Sept. 1

September 2, 2022 | finance.yahoo.com

UTStarcom Reports Unaudited Financial Results for First Half of 2022

See More Headlines

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Company Calendar

Last Earnings: 3/27/2020
Today: 4/19/2024
Next Earnings (Estimated): 6/28/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:UTSI
CUSIP: N/A
CIK: 1030471
Web: www.utstar.com
Phone: 8657181928888
Fax: 86-571-8192-0123
Employees: 241
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.97
Quick Ratio: 2.93

Sales & Book Value

Annual Sales: $15.75 million
Price / Sales: 1.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.49 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 9,330,000
Free Float: 9,074,000
Market Cap: $24.35 million
Optionable: Not Optionable
Beta: 0.43

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Key Executives

Mr. Hua Li (Age 40)
CEO & Director
Mr. Danjun Xie (Age 53)
Chief Financial Officer
Dr. Lingrong Lu (Age 52)
Chief Technology Officer
Ms. Yinghua Chen (Age 54)
Chief Human Resource Officer
Ms. Fei Wang (Age 43)
Director of Investor Relations

Key Competitors

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UTSI Stock Analysis - Frequently Asked Questions

How have UTSI shares performed in 2024?: UTStarcom's stock was trading at $3.44 at the start of the year. Since then, UTSI shares have decreased by 24.7% and is now trading at $2.59.
View the best growth stocks for 2024 here.
Are investors shorting UTStarcom?: UTStarcom saw a decrease in short interest in March. As of March 31st, there was short interest totaling 13,600 shares, a decrease of 17.6% from the March 15th total of 16,500 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 4.1 days. Currently, 0.5% of the shares of the stock are short sold.
View UTStarcom's Short Interest.
When is UTStarcom's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, June 28th 2024.
View our UTSI earnings forecast.
How were UTStarcom's earnings last quarter?: UTStarcom Holdings Corp. (NASDAQ:UTSI) announced its earnings results on Friday, March, 27th. The Wireless communications provider reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $0.28. The Wireless communications provider earned $14.18 million during the quarter, compared to the consensus estimate of $13.50 million.

When did UTStarcom's stock split?: Shares of UTStarcom reverse split on the morning of Wednesday, June 29th 2022. The 1-4 reverse split was announced on Wednesday, June 29th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 29th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.
What is William Wong's approval rating as UTStarcom's CEO?: 6 employees have rated UTStarcom Chief Executive Officer William Wong on Glassdoor.com. William Wong has an approval rating of 89% among the company's employees.
What other stocks do shareholders of UTStarcom own?: Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), Fortive (FTV), Lowe's Companies (LOW), Advanced Micro Devices (AMD), HP (HPQ), Inovio Pharmaceuticals (INO), Sierra Oncology (SRRA), Viveve Medical (VIVE) and
How do I buy shares of UTStarcom?: Shares of UTSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UTSI) was last updated on 4/19/2024 by MarketBeat.com Staff

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