UTStarcom FY26 1H net loss widens to USD 5.1 million; revenue falls 26.1% to USD 3.4 million

Reuters2026/08/14 10:25

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UTStarcom revenue fell 26.1% to USD 3.4 million for the six months ended June 30, 2026.
Net loss widened to USD 5.1 million; basic loss per share deepened to USD 0.55.
Gross profit swung to a USD 0.5 million loss; operating loss widened to USD 6 million.
Cash balance, including restricted cash, declined 27.2% to USD 35.8 million; operating cash outflow totaled USD 4.9 million.
Continued Optical Circuit Switching development for AI data centers; expects to showcase a concept prototype at CIOE 2026 in September.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UTStarcom Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-350246), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UTStarcom FY26 1H net loss widens to USD 5.1 million; revenue falls 26.1% to USD 3.4 million

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