UTStarcom Holdings Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $23.5M
- Price
- $2.40
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.42%
- Volume
- 5.1K
About
UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, Taiwan, and internationally. The company's products include packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products. It serves telecommunications and cable service providers. The company was founded in 1991 and is based in Hangzhou, the People's Republic of China.
Quick stats
Shares outstanding9.5M
Computed float1.5M
Float / shares15.4%
Key info
SectorTechnology
IndustryCommunication Equipment
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001030471
Websitehttps://www.utstar.com
AI Summary
AI-generated1/3
standardbearishearnings
UTStarcom Reports Unaudited Financial Results for First Half of 2026
UTStarcom reported first-half 2026 revenue of $3.4 million, down 26.1% year-over-year, with a net loss widening to $5.1 million from $3.7 million in the prior year period.
Gross profit turned negative to a loss of $0.5 million, driven by a 291% negative gross margin on equipment sales due to inventory reserves, while service revenue also declined 23.6%.
Cash and equivalents decreased 27.2% to $35.8 million, reflecting operating cash burn of $4.9 million as the company continues investing in AI-related Optical Circuit Switching development.
Red flags
- Equipment gross margin negative 291.0%
- Revenue declined 26.1% year-over-year
- Cash balance decreased 27.2% to $35.8 million