UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2023
Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.
- Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.
- Service gross profit for the second half of 2023 was $1.8 million, compared to $1.6 million in the corresponding period in 2022.
- Operating loss for the second half of 2023 was $2.8 million, compared to $1.6 million in the corresponding period in 2022.
- Net interest income for the second half of 2023 was $1.3 million, compared to $1.3 million in the corresponding period in 2022.