UTStarcom FY26 1H net loss widens to USD 5.1 million; revenue falls 26.1% to USD 3.4 million
Reuters2026/08/14 10:25- UTStarcom revenue fell 26.1% to USD 3.4 million for the six months ended June 30, 2026.
- Net loss widened to USD 5.1 million; basic loss per share deepened to USD 0.55.
- Gross profit swung to a USD 0.5 million loss; operating loss widened to USD 6 million.
- Cash balance, including restricted cash, declined 27.2% to USD 35.8 million; operating cash outflow totaled USD 4.9 million.
- Continued Optical Circuit Switching development for AI data centers; expects to showcase a concept prototype at CIOE 2026 in September.
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