UTStarcom (UTSI) Earning Positive Media Coverage, Analysis Shows

Headlines about UTStarcom (NASDAQ:UTSI) have been trending positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. UTStarcom earned a news impact score of 0.25 on Accern’s scale. Accern also gave news articles about the Wireless communications provider an impact score of 46.1896073020357 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

NASDAQ:UTSI opened at $5.00 on Wednesday. UTStarcom has a fifty-two week low of $1.92 and a fifty-two week high of $6.51.

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UTStarcom (NASDAQ:UTSI) last posted its quarterly earnings results on Friday, March 9th. The Wireless communications provider reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $18.24 million during the quarter, compared to analysts’ expectations of $28.00 million.

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About UTStarcom

UTStarcom Holdings Corp., together with its subsidiaries, operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The company offers broadband packet optical transport and wireless/fixed-line access products and solutions.

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