DZS Inc.

DZS, Inc. engages in the provision of packet-based mobile transport and broadband access solutions. It includes the research, development, test, sale, manufacture, and support of communications equipment in the following areas: broadband access, Ethernet switching, mobile front haul and back haul, passive optical LAN, and software defined networks (SDN) and network function virtualization (NFV) solutions. The company was founded in June 1999 and is headquartered in Plano, TX.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q2 2023

DZS Inc. reports Q4 earnings, secures major wins, and eyes growth

DZS Inc. navigated revenue challenges in Q4 2022 but secured significant design wins and showcased technological leadership in access edge solutions.
Guidance for 2023 indicates a positive outlook with anticipated revenue growth, improved margins, and a focus on innovation and software sales.
Analyst inquiries highlighted areas for improvement, but successful acquisitions integration and market expansion demonstrate DZS's strategic resilience.
The company's ability to address challenges, capitalize on opportunities, and maintain investor confidence positions DZS for continued growth and success in the market.

DZS Inc. reports Q1 revenue of $91M, eyes improved margins

DZS Inc. aims for improved margins and earnings, focusing on broadband market share and sustainable gross margins.
Challenges with delayed billings and ERP implementation affected Q1 but recovery is expected in the next quarters.
Opportunities lie in revenue growth strategies, new product introductions, and market share capture in broadband markets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LOS ANGELES, CA / ACCESSWIRE / June 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DZS Inc. ("DZS" or "the Company") (NASDAQ:DZSI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DZS Inc. ("DZS" or "the Company") (NASDAQ: DZSI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , June 10, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI). If you suffered losses exceeding $50,000 investing in DZS stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext.

DZS SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In DZS To Contact Him Directly To Discuss Their Options

NEW YORK--(BUSINESS WIRE)---- $DZSI #classaction--The law firm of Kirby McInerney LLP is investigating potential claims against DZS Inc. (“DZS” or the “Company”) (NASDAQ: DZSI). The investigation concerns whether DZS and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. DZS provides access and optical networking infrastructure and cloud software solutions. On June 1, 2023, DZS announced that it would restate its financial results for the Company'.

Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against DZS Inc. (DZSI)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DZS Inc. (NASDAQ: DZSI) resulting from allegations that DZS may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DZS securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm.

INVESTOR NOTICE: ROSEN, A LEADING NATIONAL FIRM, Encourages DZS Inc. Investors to Inquire About Securities Class Action Investigation – DZSI

LOS ANGELES, CA / ACCESSWIRE / June 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DZS Inc. ("DZS" or "the Company") (NASDAQ:DZSI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses In Excess of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DZS Inc. ("DZS" or "the Company") (NASDAQ: DZSI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

IMPORTANT INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , June 3, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI). If you suffered losses exceeding $50,000 investing in DZS stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext.

DZS INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In DZS To Contact Him Directly To Discuss Their Options

BENSALEM, Pa.--(BUSINESS WIRE)---- $DZSI--Law Offices of Howard G. Smith is continuing its investigation on behalf of DZS Inc. (“DZS” or the “Company”) (NASDAQ: DZSI) investors concerning the Company's possible violations of federal securities laws. On June 1, 2023, before the market opened, DZS disclosed that it needs to restate its previously issued financial statements for the first quarter of 2023. The Company further disclosed that the restatement relates to approximately $15 million in revenue reco.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of DZS Inc. (DZSI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $DZSI #DZSI--The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses to Contact the Firm.

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against DZS Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against DZS Inc. (“DZS” or the “Company”) (NASDAQ: DZSI) on behalf of DZS stockholders. Our investigation concerns whether DZS has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On June 1, 2023, DZS announced that it will restate its financial statements for the first.

DZS ALERT: Bragar Eagel & Squire, P.C. is Investigating DZS Inc. on Behalf of DZS Stockholders and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $DZSI--Glancy Prongay & Murray LLP Announces Investigation of DZS Inc. (DZSI) on Behalf of Investors.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of DZS Inc. (DZSI) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)---- $DZSI--Law Offices of Howard G. Smith Announces Investigation of DZS Inc. (DZSI) on Behalf of Investors.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of DZS Inc. (DZSI) on Behalf of Investors

CommScope Hld

Wireless Telecom Group

The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM, DZSI and WTT are well poised to benefit from the continued transition to cloud network.

3 Communication Stocks Likely to Brave the Testing Times

DALLAS, June 01, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI) (the “Company” or “DZS”), a global leader of access, optical and cloud-controlled software defined solutions, today announced that it will restate its previously issued financial statements for the first quarter of 2023, which ended March 31, 2023. The restatement relates to timing of revenue recognition with respect to two customer projects. The value of the revenue to be restated is approximately $15 million, of which the company anticipates the majority will be recognized during the second and third quarters of 2023. The associated customer relationships are in good standing, and the customers have begun paying the amounts due to the Company.

DZS to Restate First Quarter 2023 Financial Statements and Updates Full Year 2023 Guidance

Unique, end-to-end 5G slice management and orchestration network function for Red Hat OpenShift helps operators efficiently monetize services while improving subscriber experience Unique, end-to-end 5G slice management and orchestration network function for Red Hat OpenShift helps operators efficiently monetize services while improving subscriber experience

DZS Xtreme Slice Management Function Now Available as a Vendor-Validated, Containerized Network Service on Red Hat OpenShift

DZS Inc. (NASDAQ:DZSI ) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants Ted Moreau - Head of IR Charles Vogt - President & CEO Misty Kawecki - CFO Miguel Alonso - Chief Product Officer Conference Call Participants Tore Svanberg - Stifel Christian Schwab - Craig-Hallum Capital Group Ryan Koontz - Needham & Co. Operator Hello. My name is Jean-Louis.

DZS Inc. (DZSI) Q1 2023 Earnings Call Transcript

DZS Inc. (DZSI) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.01 per share a year ago.

DZS Inc. (DZSI) Reports Q1 Loss, Lags Revenue Estimates

DALLAS, May 08, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software defined solutions, today announced financial results for its first quarter ended March 31, 2023.

DZS Releases First Quarter 2023 Financial Results

Award-winning fiber access innovator underscores its continuing commitment to help bring fiber broadband service levels to 100% of German homes and businesses by 2030 Award-winning fiber access innovator underscores its continuing commitment to help bring fiber broadband service levels to 100% of German homes and businesses by 2030

DZS and BREKO Announce Strategic Partnership

DZS recognized for enabling Myakka Communications to bridge the digital divide by delivering gigabit speeds to rural homes and businesses in southwest Florida DZS recognized for enabling Myakka Communications to bridge the digital divide by delivering gigabit speeds to rural homes and businesses in southwest Florida

DZS Wins Broadband Communities Magazine Cornerstone Award for Helping Myakka Communications Deliver “Broadband to the Boonies”

Asian Business Review recognizes the ability of Expresse to dramatically improve the performance of the Philippines' largest telco through advanced diagnostics and data-driven optimization Asian Business Review recognizes the ability of Expresse to dramatically improve the performance of the Philippines' largest telco through advanced diagnostics and data-driven optimization

DZS Expresse Wins Asian Telecom Award for Delivering PLDT Customers Superior Quality of Experience

DALLAS, April 25, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader in access and optical edge infrastructure and cloud software solutions, will release financial results for the first quarter of 2023 after the market closes on Monday, May 8, 2023 via an earnings press release.

DZS to Report First Quarter 2023 Results on May 8

DZS partner Lucas Telecom expertise key to enabling transformation from HFC to high performance and reliable fiber infrastructure capable of delivering gigabit speeds DZS partner Lucas Telecom expertise key to enabling transformation from HFC to high performance and reliable fiber infrastructure capable of delivering gigabit speeds

St. Kitts-Nevis Cable Communications Ltd. Leverages DZS Velocity Portfolio to Bring World-Class FTTx Network and Services to Popular Caribbean Island

DZS is a company that offers high-tech solutions through its different service channels. Successful development of new 5G mobile xHaul technologies, further creation of a network of partners, and internationalization could be quite beneficial for DZS.

News for DZS Inc. Stock (DZSI)