-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GpAS0XxyJYHFBPw/Uui+DVz0aWP5RPDomnkz/Wtiqq4Vm1lIBezd0EVSE3lkq09f iKNrxVwGGGlAfCALv6KqZw== 0001104659-07-057996.txt : 20070802 0001104659-07-057996.hdr.sgml : 20070802 20070801184607 ACCESSION NUMBER: 0001104659-07-057996 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070801 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070802 DATE AS OF CHANGE: 20070801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UTSTARCOM INC CENTRAL INDEX KEY: 0001030471 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 521782500 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29661 FILM NUMBER: 071017462 BUSINESS ADDRESS: STREET 1: 1275 HARBOR BAY PARKWAY STREET 2: STE 100 CITY: ALAMEDA STATE: CA ZIP: 94502 BUSINESS PHONE: 5108648800 MAIL ADDRESS: STREET 1: 1275 HARBOR BAY PARKWAY STREET 2: STE 100 CITY: ALAMEDA STATE: CA ZIP: 94502 8-K 1 a07-20896_18k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 1, 2007

UTSTARCOM, INC.
(Exact name of registrant as specified in its charter)

Delaware

 

000-29661

 

52-1782500

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

1275 Harbor Bay Parkway
Alameda, California 94502
(Address of principal executive offices)    (Zip code)

(510) 864-8800
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o               Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o               Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o               Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o               Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




Item 2.02  Results of Operations and Financial Condition.

UTStarcom, Inc., a Delaware corporation (“UTStarcom” or the “Company”), announced on July 30, 2007 its intention to hold a conference call on August 1, 2007 at 4 p.m. Pacific time.  During the conference call, the Company expects to discuss certain historical financial information, as set forth in Exhibit 99.1 attached hereto.

The information in this report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section.  In addition, the information in this report shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporating language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.  Financial Statements and Exhibits.

(d)            Exhibits
The following exhibit is filed pursuant to Item 2.02:

Exhibit No.

 

Description

99.1

 

UTStarcom Inc. Selected Financial Metrics dated August 1, 2007

 

2




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UTSTARCOM, INC.

 

 

 

Date: August 1, 2007

By:

/s/ Francis P. Barton

 

Name:

Francis P. Barton

 

Title:

Executive Vice President and Chief Financial Officer

 

3




EXHIBIT LIST

Exhibit No.

 

Description

99.1

 

UTStarcom Inc. Selected Financial Metrics dated August 1, 2007

 

 

4



EX-99.1 2 a07-20896_1ex99d1.htm EX-99.1

Exhibit 99.1

UTSTARCOM INC. SELECTED FINANCIAL METRICS

($ in millions)  Preliminary Unaudited Financial Information

 

Cash

 

 

Q2 06

 

Q3 06

 

Q4 06

 

Q1 07

 

Q2 07

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash, cash equivalents and ST Investments

 

658

 

617

 

671

 

573

 

528

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes Payable and Current Maturities

 

123

 

105

 

103

 

378

 

380

 

Debt (Long Term)

 

275

 

275

 

275

 

1

 

0

 

 

OPEX Quarterly Information- R&D, SG&A-Estimated Q2, 2007

Approximately

 

$130-$135M per quarter

 

Q2 2005 OPEX was approximately $180M

 

The preliminary financial metrics presented above do not reflect possible accounting entries and adjustments that may be made to the Company's financial statements as part of the close of the books for the quarter ended June 30, 2007 and any adjustments that may be needed as a result of any ongoing independent reviews.



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