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Stock impact report

UTStarcom Reports Unaudited Financial Results for First Half of 2024

UTStarcom Holdings Corp - Ordinary Shares (UTSI) 
Last utstarcom holdings corp - ordinary shares earnings: 11/8 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: utstar.com
Company Research Source: GlobeNewswire
HANGZHOU, China, Sept. 05, 2024 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results and a business update for the six months ended June 30, 2024 (“the first half”). Business Highlights: Expansion order for the mobile transport network of a Mobile Operator in Europe. In 1H 2024, UTStarcom received a new order for an updated NetRing PTN product that includes certain new features required by the customer to address its network expansion plans. UT also works with the customer on SDN solution integration and testing to enable the customer’s network evolution.Expansion order for the Broadband Core solution in India. Further expansion order for IMS solution deployed with one of our key Indian customers, including software, spare parts, and services.Maintenance and support services orders. In 1H 2024, UTStarcom received multiple maintenance and support orders Show less Read more
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