UTStarcom (UTSI) Posts Narrower-than-Expected Q2 Loss
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UTStarcom Reports Unaudited Financial Results for the Second Quarter of 2015
August 14, 2015 1:19 AM EDTHONG KONG, Aug. 14, 2015 (GLOBE NEWSWIRE) -- UTStarcom (UTStarcom or the Company) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the second quarter ended June 30, 2015.
Mr. William Wong, UTStarcoms Chief Executive Officer, stated, We are pleased that our results for the second quarter were in line with the expectations we laid out when we announced the recalibration of our go forward strategy in June. We believe this is quite a positive start in our stated effort to focus on more quickly making our business more nimble, efficient and... More
