MARKET COMPOSITE
DZSI - DZS Inc8:00:00 PM 4/23/2024
Price
$1.20
-0.02 (-1.64%)
DZS, formerly Zhone Technologies and DASAN Zhone Solutions, is a provider of telecommunications networking equipment founded in 1999. It is headquartered in Oakland, California. DZS is ISO 9001:2008 certified in the manufacture and service of telecommunications equipment. Zhone was founded in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl.
Financials
Quarterly financials
(USD)Mar 2023Q/Q
Revenue90.8MM-9%
Gross Profit29.8MM-1%
Cost Of Revenue61MM-13%
Operating Income-15.2MM+4%
Operating Expenses45.1MM+1%
Net Income-17.1MM+18%
R&D14.9MM-10%
Marketing24.8MM+6%
Amortization1.3MM-22%
Stock Chart

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Stock news

    DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that Brian Chesnut has been appointed as the company’s Chief Accounting Officer (CAO), reporting directly to Chief Financial Officer (CFO), Misty Kawecki. Mr. Chesnut will be responsible for working closely with the CFO, senior leadership and the company’s new independent public accounting firm, BDO USA, overseeing all corporate accounting

    DZS emerges as Broadband Networking, AI-Driven Software pure play focused on Americas and EMEA, eliminates approximately $43 million of debtDALLAS, April 05, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has completed the divesture of its Asia business to DASAN Networks, Inc. (DNI), enabling the company to focus its go-to-market strategy, technology and innovation on the Americas, Europe, Middle Eas

    Initiative to enable multi-gigabit broadband connectivity across the state’s first city-owned fiber internet and telephony network; wins “Plan of the Year” from Arkansas Chapter of the American Planning AssociationDALLAS, March 25, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, and its strategic partner Irby Utilities (Irby) today announced that they are working with Connect2First, a subsidiary of First Electric Cooperative

    Integrated solution combines new DZS Saber 2200 with Infinera’s ICE-X 400G Intelligent Coherent Pluggable to deliver high density aggregation, high bandwidth, low latency services while slashing CapEx and OpEx costsDALLAS, March 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, and Infinera, a global supplier of innovative open optical networking solutions, today announced that the two companies are working together to bri

    Compact, hardened Layer 2 mobile xHaul and Ethernet business services switch expands Saber portfolio, supports standard 100G direct detect, coherent OpenZR+ and XR opticsDALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch. This hardened, high capacity, low latency, Layer 2 solution transforms the e

    DZS Access and Subscriber Edge solutions enable leading regional wholesale provider to offer multi-gigabit broadband to service providers and anchor institutions across countryDALLAS, March 11, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Botswana Fibre Networks (BoFiNet), a leading wholesale provider of national and international telecommunications infrastructure in Africa and operator of the largest

    Galveston County community formerly served by fixed wireless access now leveraging DZS FTTH systems and software for gigFAST INTERNET®, voice and video servicesDALLAS, March 04, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Rural Telecommunications America (RTA), a leading provider of next-generation internet services to rural communities across the United States, has deployed key products from the DZS

    DZS Saber 4400 ROADM optical transport module and DZS Xtreme software platform lauded as “excellent products” by luminary panelDALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that its DZS Saber 4400 ROADM optical transport module, RDM-4400, and DZS Xtreme orchestration and automation software platform have been recognized with “Excellent” scores of 4.0 and 4.5 respectively by the 2024 Lightwa

    High capacity, high density DZS fiber access system provides Vianet subscribers some of the fastest bandwidth speeds available in northern OntarioDALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Vianet, an Ontario, Canada-based regional communications service provider, is deploying the award-winning DZS Velocity V6 fiber access system to deliver its residential and business customers some

    High capacity, high density DZS fiber access system provides Vianet subscribers some of the fastest bandwidth speeds available in northern OntarioDALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Vianet, an Ontario, Canada-based regional communications service provider, is deploying the award-winning DZS Velocity V6 fiber access system to deliver its residential and business customers some