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Uta Acquisition Corporation  (UTAA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.6700 $0.00 0.000%
Day's High: $10.68 Week Perf: 0.09 %
Day's Low: $ 10.67 30 Day Perf: 0.38 %
Volume (M): 26 52 Wk High: $ 0.00
Volume (M$): $ 274 52 Wk Avg: $0.00
Open: $10.68 52 Wk Low: $0.00



 Market Capitalization (Millions $) 245
 Shares Outstanding (Millions) 23
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Uta Acquisition Corporation
Uta Acquisition Corporation is a company involved in the acquisition and merger of other businesses. They specialize in identifying potential target companies, negotiating deals, and completing transactions that result in the acquisition of those companies. Uta Acquisition Corporation aims to strategically grow and diversify its portfolio by acquiring businesses in various industries. They typically seek out companies with strong growth potential, solid financial performance, and a compatible business model. Through their acquisitions, Uta Acquisition Corporation aims to create synergies, increase market share, and enhance shareholder value.


   Company Address: 135 5th Avenue New York 10010 NY
   Company Phone Number: 781-1679   Stock Exchange / Ticker: NASDAQ UTAA


   

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Uta Acquisition Corporation

UTAA's Second Quarter Performance shows positive growth despite operating shortfall

As the earnings season for the period of April to June 2023 is underway, various companies across industries are disclosing their financial results. One noteworthy participant in this round of earnings reports is Uta Acquisition Corporation (UTAA). The company recently revealed an operating shortfall of $-0.301124 million for the second quarter of 2023, highlighting its financial performance during this period.
Comparing this figure to the operating shortfall of $-0.282455 million recorded in the second quarter of 2022, it is evident that Uta Acquisition Corporation has managed to maintain stability and profitability above the break-even point. Furthermore, the company aims to enhance its bottom-line results from $0.015 million in the second quarter of 2022 to an impressive $2.567 million by the end of June 30, 2023. This indicates a positive growth trajectory for Uta Acquisition Corporation.










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