UTStarcom Holdings Reports 19.3% Drop in 1H 2025 Revenue, Net Loss Widens to $3.7M, EPS Falls to $0.41

Reuters
Aug 29
UTStarcom Holdings Reports 19.3% Drop in 1H 2025 Revenue, Net Loss Widens to $3.7M, EPS Falls to $0.41

UTStarcom Holdings Corp., a global telecommunications infrastructure provider, reported its unaudited financial results for the first half of 2025. The company experienced a decline in total revenues, reporting $4.6 million compared to $5.7 million in the same period in 2024, marking a decrease of 19.3%. Net equipment sales fell by 31.6% to $0.5 million, driven by reduced sales to major customers in India. Net services sales also decreased by 16.9% to $4.1 million, primarily due to the completion of current projects and the absence of new major projects in India. The gross profit for the period was $0.8 million, representing 16.2% of net sales, down from $1.7 million or 30.0% in the corresponding period in 2024. UTStarcom reported a net loss of $3.7 million, compared to a net loss of $2.0 million in the first half of 2024. The company's cash balance stood at $49.2 million as of June 30, 2025. In terms of business developments, UTStarcom secured a significant contract with the China Telecom Research Institute for the manufacturing of disaggregated router hardware platforms to be used on China Telecom's STN network. This multi-million dollar win highlights the company's ongoing efforts to expand its market presence and support existing customers.

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: 0001193125-25-191701), on August 29, 2025, and is solely responsible for the information contained therein.

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