UTStarcom (UTSI) Approves $40M Buyback Plan

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Go back to UTStarcom (UTSI) Approves $40M Buyback Plan

UTStarcom (UTSI) Adds Independent Director

November 14, 2014 6:10 AM EST

UTStarcom (NASDAQ: UTSI) announced that its Board of Directors has appointed Mr. Tetsuzo Matsumoto as a new independent director of the Company, effective November 12, 2014.

Mr. Matsumoto brings more than 50 years of business and management expertise to the Board of Directors. He is currently a Senior Advisor to Softbank Mobile Corp. and the CEO of Japan Link Corp., a leading consultancy to corporates, carriers and operators worldwide.

Throughout his extensive career, Mr. Matsumoto has served as a board director and Chief Strategy Officer of Softbank Mobile. He also represented the company on the... More

UTStarcom (UTSI) Swings to Q3 Loss

November 14, 2014 5:58 AM EST

UTStarcom (NASDAQ: UTSI) reported Q3 EPS of ($0.10), versus $0.01 reported last year. Revenue for the quarter came in at $32.3 million, versus $31.9 million reported last year.

For earnings history and earnings-related data on UTStarcom (UTSI) click here.

... More