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.

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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.

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The DZS Velocity V6 fiber access system of DZSI will enable Vianet to offer multi-gigabit broadband services via XGS-PON technology.

DZSI Partners Vianet to Boost Ontario Fiber Connectivity

High capacity, high density DZS fiber access system provides Vianet subscribers some of the fastest bandwidth speeds available in northern Ontario High capacity, high density DZS fiber access system provides Vianet subscribers some of the fastest bandwidth speeds available in northern Ontario

UPDATE - Vianet Deploys DZS Award-Winning Velocity V6 Fiber Access System to Deliver its Customers Multi-Gigabit Bandwidth Capabilities

Vianet Deploys DZS Award-Winning Velocity V6 Fiber Access System to Deliver its Customers Multi-Gigabit Bandwith Capabilities

DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Todd Jackson and Paul Choi have been appointed to the company's Board of Directors. Jackson and Choi join the DZS Board following three strategic transactions: securing $25 million of working capital through two transactions, a private placement of DZS common stock and a term loan; the planned divestiture of the company's lower margin Asia business, which, upon closing, will eliminate $43 million of debt; and an additional $5 million of working capital. The sale of the Asia business is expected to close in the first quarter of 2024.

DZS Announces Two New Board of Director Members

DALLAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, announced today that on February 6, 2024, DZS Inc. (the “Company”) received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that Nasdaq has initiated a process that could result in the delisting of the Company's securities from Nasdaq as a result of the Company not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company's shares of common stock on Nasdaq.

DZS Inc. Receives Expected Nasdaq Delisting Determination, Plans to Request Hearing by February 13

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DALLAS, Jan. 16, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that it is working with longtime partner Andorix, a neutral host network provider and smart building systems integrator for commercial, retail and residential real estate properties, to transform landmark locations into fiber-based smart buildings designed for today's digital workforce. DZS FiberLAN technology provides the passive optical network (PON) infrastructure that when complemented by Andorix's transformational Managed PON service offering revitalizes the legacy, copper-based communications infrastructure of historical buildings into some of the most intelligent, hyper-connected buildings in the world.

DZS Extends Partnership with Andorix to Transform the Infrastructure and Commercial Management Economics of Historical Landmarks

Divestiture to Korea-based DASAN Networks Inc., will allow DZS to focus on high growth, higher margin geographic regions while receiving an additional $5 million in cash and eliminating $43 million of debt Divestiture to Korea-based DASAN Networks Inc., will allow DZS to focus on high growth, higher margin geographic regions while receiving an additional $5 million in cash and eliminating $43 million of debt

DZS Secures $25 Million in Funding and Signs Definitive Agreement to Divest Asia Business

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

3 Communication Stocks Likely to Gain Despite Industry Gloom

DALLAS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, announced today that it will not file its Quarterly Report on Form 10-Q for the three months ended September 30, 2023 (the “Third Quarter 10-Q”) within the filing deadline established by the Securities and Exchange Commission (the “SEC”) and will be a late filer with respect to such report.

DZS Inc. Announces Delayed 10-Q Filing and Restatement of Previously Issued 2022 Financial Statements

Successful pilot program at Orange Polska paves way for widescale deployment of DZS offerings in Orange's networks as Europe's largest FTTH service provider embraces next-generation fiber-enabled services Successful pilot program at Orange Polska paves way for widescale deployment of DZS offerings in Orange's networks as Europe's largest FTTH service provider embraces next-generation fiber-enabled services

DZS and Orange Partner to Bring Advanced New Fiber Technologies and Services to Homes and Businesses

DZS Cloud software platform recognized for enabling one of the U.K.'s largest providers to leverage AI and machine learning to optimize broadband customer experience DZS Cloud software platform recognized for enabling one of the U.K.'s largest providers to leverage AI and machine learning to optimize broadband customer experience

DZS and TalkTalk Win 2023 Light Reading Leading Lights Award for Outstanding Home Network Intelligence Use Case

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

3 Communication Stocks Likely to Tide Over Market Volatility

DALLAS, Aug. 18, 2023 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software defined solutions, announced today that on August 15, 2023, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2023 (the “Form 10-Q”). The notification letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

DZS Inc. Receives Nasdaq Notice Regarding Late Form 10-Q Filing

As event Platinum Sponsor, DZS experts will share deep insights and experience across last-mile and middle-mile best practices, AI-driven efficiencies and regulatory strategies As event Platinum Sponsor, DZS experts will share deep insights and experience across last-mile and middle-mile best practices, AI-driven efficiencies and regulatory strategies

DZS to Debut Multiple BABA-Ready Network Edge Innovations at Fiber Connect 2023 to Accelerate Bridging the Digital Divide

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DZS Inc. (NASDAQ: DZSI) between March 10, 2023 and May 31, 2023, both dates inclusive (the “Class Period”), of the important August 14, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased DZS securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs throu.

DZSI DEADLINE TODAY: ROSEN, THE FIRST FILING FIRM, Encourages DZS Inc. Investors with Losses to Secure Counsel Before Important August 14 Deadline in Securities Class Action Filed by the Firm – DZSI

NEW YORK , Aug. 14, 2023 /PRNewswire/ --- Attention DZS Inc. ("DZS") (NASDAQ: DZSI) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between August 2, 2022 and June 1, 2023. If you suffered a loss on your investment in DZS, contact us about potential recovery by using the link below.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind DZS Investors of a Lead Plaintiff Deadline of August 14, 2023

LOS ANGELES, CA / ACCESSWIRE / August 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DZS Inc. ("DZS" or "the Company") (NASDAQ:DZSI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 2, 2022 and June 1, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 14, 2023.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in DZS Inc. with Losses of $500,000 to Contact the Firm

NEW YORK , Aug. 11, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DZS Inc. (NASDAQ: DZSI) between March 10, 2023 and May 31, 2023, both dates inclusive (the "Class Period"), of the important August 14, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased DZS securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING AND LONGSTANDING FIRM, Encourages DZS Inc. Investors with Losses to Secure Counsel Before Important August 14 Deadline in Securities Class Action Filed by the Firm - DZSI

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming August 14, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired DZS Inc. (“DZS” or the “Company”) (NASDAQ: DZSI) securities between August 2, 2022 and June 1, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On June 1, 2023, before the market opened, DZS disclosed that it needs to res.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DZS Inc. (DZSI)

NEW YORK , Aug. 11, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of DZS Inc. (NASDAQ: DZSI). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/dzs-class-action-loss-submission-form/?id=43304&from=4 The lawsuit seeks to recover losses for shareholders who purchased DZS between March 10, 2023 and May 31, 2023.

DZSI SHAREHOLDER ALERT: Jakubowitz Law Reminds DZS Shareholders of a Lead Plaintiff Deadline of August 14, 2023

LOS ANGELES , Aug. 10, 2023 /PRNewswire/ --  The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI).

DZSI Investors Have Opportunity to Lead DZS Inc. Securities Fraud Lawsuit

NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI), and certain officers.   The class action, filed in the United States District Court for the Eastern District of Texas, Sherman Division, and docketed under 23-cv-00603, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired publicly traded DZS securities between March 10, 2023 and May 31, 2023, inclusive (the "Class Period").

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in DZS Inc. of Class Action Lawsuit and Upcoming Deadline - DZSI

NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DZS investors who were adversely affected by alleged securities fraud between March 10, 2023 and May 31, 2023.

DZSI LAWSUIT ALERT: Levi & Korsinsky Notifies DZS Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

DALLAS, Aug. 09, 2023 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software defined solutions, announced today that it will not file its Quarterly Report for the three months ended June 30, 2023 (the “Second Quarter 10-Q”) within the filing deadline established by the Securities and Exchange Commission (the “SEC”) and will be a late filer with respect to such report.

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