UTStarcom (UTSI) Reports Q1 EPS of $0.01
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UTStarcom Reports Unaudited Financial Results for First Quarter 2019
May 10, 2019 6:30 AM EDTHONG KONG, May 10, 2019 (GLOBE NEWSWIRE) -- Hong Kong UTStarcom (UT or the Company) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the first quarter ended March 31, 2019.
UTStarcoms Chief Executive Officer Mr. Tim Ti commented, We are off to a solid start to 2019. Revenue was at the higher end of expectations and we returned to profitability. We have made significant operating progress in the last few months. Our latest 5G optical backhaul solution performed very well in the laboratory evaluation by a major telecom carrier in China. ... More
