UTStarcom Holdings H1 EPS $(0.55) Down From $(0.41) YoY, Sales $3.370M Down From $4.634M YoY
UTStarcom Holdings (NASDAQ:UTSI) reported quarterly losses of $(0.55) per share. This is a 34.15 percent decrease over losses of $(0.41) per share from the same period last year. The company reported $3.370 million in
UTStarcom lost more money per share this quarter than last year, and made less total money too. When a company's losses grow and sales shrink, it means the business is struggling, so watch whether they can turn things around soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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