Advertisement
New Zealand markets close in 4 hours 25 minutes
  • NZX 50

    11,664.98
    -63.08 (-0.54%)
     
  • NZD/USD

    0.6123
    +0.0001 (+0.02%)
     
  • NZD/EUR

    0.5635
    +0.0006 (+0.11%)
     
  • ALL ORDS

    8,114.90
    -35.20 (-0.43%)
     
  • ASX 200

    7,846.50
    -34.80 (-0.44%)
     
  • OIL

    79.35
    +0.12 (+0.15%)
     
  • GOLD

    2,382.90
    -2.60 (-0.11%)
     
  • NASDAQ

    18,557.96
    -38.69 (-0.21%)
     
  • FTSE

    8,438.65
    -7.15 (-0.08%)
     
  • Dow Jones

    39,869.38
    -38.62 (-0.10%)
     
  • DAX

    18,738.81
    -130.55 (-0.69%)
     
  • Hang Seng

    19,376.53
    +302.82 (+1.59%)
     
  • NIKKEI 225

    38,601.85
    -318.41 (-0.82%)
     
  • NZD/JPY

    95.1800
    +0.1190 (+0.13%)
     

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

UTStarcom Holdings (NASDAQ:UTSI) Full Year 2023 Results

Key Financial Results

  • Revenue: US$15.8m (up 12% from FY 2022).

  • Net loss: US$4.02m (loss narrowed by 20% from FY 2022).

  • US$0.44 loss per share (improved from US$0.55 loss in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

UTStarcom Holdings shares are up 2.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for UTStarcom Holdings (1 doesn't sit too well with us!) that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.