News coverage about UTStarcom (NASDAQ:UTSI) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. UTStarcom earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 46.3570710615645 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of UTSI stock opened at $4.88 on Friday. UTStarcom has a twelve month low of $1.92 and a twelve month high of $6.51.
UTStarcom (NASDAQ:UTSI) last issued its quarterly earnings results on Friday, March 9th. The Wireless communications provider reported ($0.09) earnings per share for the quarter. The company had revenue of $18.24 million during the quarter, compared to the consensus estimate of $28.00 million.
UTStarcom Company Profile
UTStarcom Holdings Corp. provides broadband products, solution and services. The Company delivers broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. Its segments include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment.
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