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UTStarcom Holdings Full Year 2024 Earnings: US$0.48 loss per share (vs US$0.42 loss in FY 2023)
UTStarcom Holdings (NASDAQ:UTSI) Full Year 2024 Results
Key Financial Results
- Revenue: US$10.9m (down 31% from FY 2023).
- Net loss: US$4.37m (loss widened by 13% from FY 2023).
- US$0.48 loss per share (further deteriorated from US$0.42 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
UTStarcom Holdings shares are up 2.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for UTStarcom Holdings that you need to be mindful of.
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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.
About NasdaqGS:UTSI
UTStarcom Holdings
Operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, and internationally.
Flawless balance sheet and overvalued.
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