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Stock impact report

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

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, March 22, 2024 (GLOBE NEWSWIRE) -- UTStarcom (the Company) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the six months and full year ended December 31, 2023, and provided a business update. Business Update 5G transport network portfolio progress. In 2023, UTStarcom continued its cooperation with some mobile operators in China on the development of a next generation disaggregated 5G transport network solution. Following the successful lab testing with China Unicom Research Institute that the Company passed earlier in 2023, UTStarcom successfully completed field trials and interoperability tests by the end of 2023. UTStarcom continued development of Hardware platforms to support the vision of China Telecom Research Institute for the next gen 5G transport network. The Company was also actively working in 2H 2023 on the development of new access products in the SkyFlux CPT product line to addre Show less Read more
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