Edition:
United Kingdom

UTStarcom Holdings Corp (UTSI.OQ)

UTSI.OQ on NASDAQ Stock Exchange Global Select Market

6.42USD
6:43pm GMT
Change (% chg)

$0.27 (+4.39%)
Prev Close
$6.15
Open
$6.16
Day's High
$6.42
Day's Low
$6.16
Volume
34,683
Avg. Vol
43,965
52-wk High
$6.51
52-wk Low
$1.67

Latest Key Developments (Source: Significant Developments)

Qiao Zhongxing Reports 9.9 Percent Stake In UTStarcom
Friday, 8 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

UTStarcom Q2 gaap earnings per share $0.13
Friday, 12 Aug 2016 

Utstarcom Holdings Corp : Q2 non-gaap earnings per share $0.15 . Q2 revenue fell 35 percent to $20 million . UTStarcom reports unaudited financial results for the second quarter of 2016 . Q2 gaap earnings per share $0.13 . Sees Q3 2016 revenue $15 million to $20 million .For Q3 of 2016, company expects to generate non-gaap revenue in range of $15 million to $20 million.  Full Article

UtStarcom Q1 non-gaap earnings per share $0.01
Friday, 13 May 2016 

Utstarcom Holdings Corp : UtStarcom reports unaudited financial results for the first quarter of 2016 . Q1 non-gaap earnings per share $0.01 . Q1 GAAP loss per share $0.03 . Q1 revenue fell 31.6 percent to $22.6 million .Sees Q2 2016 revenue $15 million to $20 million.  Full Article

BRIEF-UTStarcom Announces Business Development In India

* UTSTARCOM HOLDINGS - ANNOUNCES SEVERAL PROJECTS WITH BHARAT SANCHAR NIGAM LIMITED IN INDIA