UTStarcom Holdings Corp. H2 Loss Widens

UTStarcom Holdings Corp. (UTSI) announced Loss for its second half of -$2.35 million

The company's bottom line totaled -$2.35 million, or -$0.26 per share. This compares with -$1.84 million, or -$0.20 per share, last year.

The company's revenue for the period fell 44.2% to $5.16 million from $9.24 million last year.

UTStarcom Holdings Corp. earnings at a glance (GAAP) :

-Earnings: -$2.35 Mln. vs. -$1.84 Mln. last year.
-EPS: -$0.26 vs. -$0.20 last year.
-Revenue: $5.16 Mln vs. $9.24 Mln last year.

by RTTNews Staff Writer

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