UTStarcom (UTSI) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS
UTStarcom (NASDAQ:UTSI) announced its earnings data on Friday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.05, AnalystRatingsNetwork.com reports. The company had revenue of $31.90 million for the quarter, compared to the consensus estimate of $31.41 million.
UTStarcom (NASDAQ:UTSI) opened at 2.85 on Friday. UTStarcom has a 52-week low of $2.26 and a 52-week high of $3.10. The stock has a 50-day moving average of $2.89 and a 200-day moving average of $2.7. The company’s market cap is $104.1 million.
UTStarcom, Inc (NASDAQ:UTSI) is a global provider of Internet Protocol (IP)-based network solutions, including the integration and support services sold to telecommunications and cable operators.
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