UTStarcom Updates Financial Release Schedule
20 May 2020 - 8:00PM
UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global
telecommunications infrastructure provider, today announced the
intention to report its financial results for the first six months
ended June 30, 2020 in August 2020. As such, the Company will
not report its financial results for the first quarter 2020 ended
March 31, 2020.
As highlighted in the March 27, 2020 press release reporting the
unaudited financial results for the fourth quarter and full year
ended December 31, 2019, UTStarcom's Board of Directors is
evaluating all strategic alternatives available to the
Company. With the evaluation underway, the Company is
suspending quarterly financial reporting and earnings conference
calls.
About UTStarcom Holdings Corp.
UTStarcom is committed to helping network operators offer their
customers the most innovative, reliable and cost-effective
communication services. UTStarcom offers high performance advanced
equipment optimized for the most rapidly growing network functions,
such as mobile backhaul, metro aggregation and broadband access.
UTStarcom has operations and customers around the world, with a
special focus on Japan and India. UTStarcom was founded in 1991 and
listed its shares on the Nasdaq Market in 2000 (symbol: UTSI). For
more information about UTStarcom, please visit
http://www.utstar.com.
For investor and media inquiries, please
contact:
In China:
UTStarcom Holdings Corp.Tel: +86 571 8192 8888
Ms. Ning Jiang, Investor RelationsEmail:
njiang@utstar.com/utsi-ir@utstar.com
In the United States:
The Blueshirt Group Mr. Ralph FongTel: +1 (415) 489-2195Email:
ralph@blueshirtgroup.com
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