UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2022
Six months ended December 31, 2022
- Six months ended December 31, 2022
Total revenues for the second half of 2022 were $6.5 million, compared to $7.2 million in the corresponding period in 2021. - Equipment gross loss for the second half of 2022 was $0.3 million, compared to $4.8 million in the corresponding period in 2021.
- Service gross profit for the second half of 2022 was $1.6 million, compared to $1.5 million in the corresponding period in 2021.
- Operating loss for the second half of 2022 was $1.7 million, compared to $6.2 million in the corresponding period in 2021.