UTStarcom Q4 2019 Full Year Results Earnings

UTStarcom reported Q4 2019 revenue of $14.2 million, up 11.4% year-over-year, with a net loss of $3.6 million. The company's full year 2019 revenue declined 43.2% to $65.8 million amid significant business transition and operational restructuring. Cash position stood at $48.6 million as of year-end 2019.