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-0.130434782608696 -0.130434782608696 -0.130434782608696 -0.130434782608696 -0.130434782608696 -0.0579710144927535 1.60901887626834E-16 1.60901887626834E-16
Stock impact report

DZS Releases Q3 2024 Financial Results

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: GlobeNewswire
DALLAS, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- DZS (OTC: DZSI), a developer of Networking and Connectivity systems and Cloud Edge software solutions enabling broadband everywhere, today announced its Q3 2024 financial results. “The third quarter of 2024 delivered a fourth sequential quarter of topline growth for DZS,” said Charlie Vogt, President and CEO, DZS. “With our restatement now behind us, our filings current, the sale of our in-home WiFi software and service assurance portfolio closed, and with insights into our sales pipeline and backlog, we believe a global recovery for our DZS business is underway. We also made progress on four key performance initiatives: 1) Strengthening our balance sheet, 2) optimizing our cost structure to align with market dynamics, 3) executing sales and cost synergies resulting from our recent acquisition of NetComm, and 4) monetizing our inventory which is aligned with our backlog and projects in flight. On Wednesday, Nov. 6th at 10:00 a.m. C Show less Read more
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