HONG KONG (AP) _ UTStarcom Holdings Corp. (UTSI) on Friday reported a loss of $3.6 million in its fourth quarter.
On a per-share basis, the Hong Kong-based company said it had a loss of 10 cents. Losses, adjusted for non-recurring costs, came to 9 cents per share.
The telecom infrastructure provider posted revenue of $18.2 million in the period.
For the year, the company reported profit of $7 million, or 20 cents per share. Revenue was reported as $98.3 million.
UTStarcom shares have climbed roughly 5 percent since the beginning of the year. The stock has more than tripled in the last 12 months.