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Stock impact report

DZS Inc (DZSI) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic Divestitures [Yahoo! Finance]

DZS INC (DZSI) 
Last dzs inc earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: dasanzhone.com/about/investor-relations
Company Research Source: Yahoo! Finance
Adjusted Operating Expenses: Increased by $1.9 million or 8.9% quarter over quarter; decreased by $12 million or 17.2% year over year. Adjusted EBITDA: Loss of $9.3 million, an improvement of $8.2 million or 46.8% from Q3 2023. Cash and Cash Equivalents: $5.7 million at the end of the quarter. Debt Reduction: $15 million reduction following the divestiture of the in-home WiFi Management Network Assurance portfolio. Days Sales Outstanding (DSO): Improved from 120 days to 83 days. Days Payable Outstanding (DPO): 242 days, with expected improvement in Q4 2024. Inventory: Valued at $79 million. Working Capital: $24 million. Quarterly Interest Expense: $2.2 million. Warning! GuruFocus has detected 8 Warning Signs with DZSI. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript DZS Inc ( DZSI ) reported a 23% increase in revenue quarter over quarter, reaching $38.1 million. The company a Show less Read more
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