UTStarcom (UTSI) Reports In-Line Q1 EPS

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Go back to UTStarcom (UTSI) Reports In-Line Q1 EPS

UTStarcom Reports Unaudited Financial Results for the First Quarter of 2015

June 5, 2015 6:00 AM EDT

- Further Enhanced Operating Efficiency -

- Provides Update on Strategic Initiatives, Company Direction and Business Outlook -

HONG KONG, June 5, 2015 (GLOBE NEWSWIRE) -- UTStarcom ("UTStarcom" or "the Company") (Nasdaq: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the first quarter ended March 31, 2015.

Mr. William Wong, UTStarcom's Chief Executive Officer, stated, "We again delivered a better than expected top line performance and also began to drive incremental improvements in our gross margin compared to the same period in last... More