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Stock Market & Financial Investment News

News Breaks
October 1, 2012
07:05 EDTUTSIUTStarcom provides update on share repurchase program
UTStarcom provided an update on its third quarter share repurchase activity under its ongoing $20M share repurchase program that was launched in August 2011. During the third quarter of 2012, the company repurchased $3.48M of its ordinary shares, bringing the cumulative total under the current program to approximately $13M, which represents 65% of the amount authorized by the Board. There is approximately $7M remaining under the current share repurchase program, which the board extended through February 15, 2013.
News For UTSI From The Last 14 Days
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August 15, 2014
07:20 EDTUTSIUTStarcom reports Q2 EPS (12c), one estimate (7c)
Reports Q2 revenue $31.9M, one estimate $31.41M.
August 12, 2014
08:56 EDTUTSIUTStarcom appoints Min Xu as CFO
UTStarcom announced the appointment of Min Xu as CFO of the company, effective August 21. Xu will replace Robert Pu who has resigned for personal reasons but will remain with the company for six months as a consultant to help ensure a smooth transition.

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