|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||3.9200 - 4.0700|
|52 Week Range||2.5900 - 5.9400|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||60.00|
|Earnings Date||Mar 8, 2018 - Mar 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.50|
UTStarcom (“UT” or “the Company”) (UTSI), a global telecommunications infrastructure provider, today announced that its strategic partner Tongding Interconnection Information Co., Ltd. (“TDI”) intends to further increase its ownership stake in UT to approximately 36% through the purchase (by related entities) of 9.2 million shares from certain current shareholders of the Company. The sale is subject to approval by relevant US and Chinese authorities. TDI will pay about $5.35 per share, for a total investment of approximately $49.2 million at the closing of the transaction. The selling shareholders are entities related to Shah Capital Opportunity Fund LP and Mr. Hong Liang Lu.
Feb 10 (Reuters) - Tongding Interconnection Information : * SAYS UNIT TONGHAO (CAYMAN) LTD SIGNS AGREEMENT TO BUY 26.05 PERCENT STAKE IN UTSTARCOM HOLDINGS FOR $49.22 MILLION Source text in Chinese: https://bit.ly/2UQw36d ...
HONG KONG, Jan. 21, 2019 -- UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced that its strategic partner.
--Projects to Provide Data Services to Remote Rural Areas----UT Products are Key Component of Massive Service Provisioning----Showcase Example Projects for Digital India.
On a per-share basis, the Hong Kong-based company said it had net income of 6 cents. The telecom infrastructure provider posted revenue of $52.1 million in the period. For the current quarter ending in ...
Sept 11 (Reuters) - Tongding Interconnection Information : * SAYS IT WINS CHINA MOBILE'S BID FOR ABOUT 1.15 BILLION YUAN ($167.49 million) * SAYS IT SIGNS STRATEGIC COOPERATION FRAMEWORK AGREEMENT WITH ...
The Hong Kong-based company said it had a loss of less than 1 cent on a per-share basis. The telecom infrastructure provider posted revenue of $28.5 million in the period. The company's shares closed at ...
NEW YORK, NY / ACCESSWIRE / August 3, 2018 / UTStarcom Holdings Corp. (NASDAQ: UTSI ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 3, 2018 at 8:00 AM Eastern ...
Examining how UTStarcom Holdings Corp (NASDAQ:UTSI) is performing as a company requires looking at more than just a years’ earnings. Below, I will run you through a simple sense checkRead More...