STOCK TITAN

DZS INC - DZSI STOCK NEWS

Welcome to our dedicated page for DZS news (Ticker: DZSI), a resource for investors and traders seeking the latest updates and insights on DZS stock.

DZS Inc. (NASDAQ: DZSI) is a global leader in providing cutting-edge network access solutions and communications platforms. Serving a diverse range of markets spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea, and other Asia-Pacific countries, DZS offers a comprehensive suite of products tailored for service providers and enterprise networks.

DZS Inc. specializes in broadband access products, including customer premise equipment such as digital subscriber line (DSL) modems, Ethernet access demarcation devices, and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals. They also supply central office products, including broadband loop carriers for DSL and voice-grade telephone service, DSL access multiplexers (DSLAMs), and optical line terminals for passive optical distribution networks like GPONs and 10G passive optical networks.

In addition to these offerings, DZS provides Ethernet switching products, mobile backhaul products with standard Ethernet/IP or multiprotocol label switching interfaces, and software-defined networks and network assurance solutions. The company’s extensive portfolio addresses the growing demand for high-speed, reliable, and secure network services worldwide.

Recent achievements for DZS include strategic growth initiatives and partnerships across the Americas and EMEA regions. The company is currently focused on several high-impact projects, such as closing the divestiture of its Asia business unit, optimizing its cost structure, and completing financial restatements for various reporting periods in 2022 and 2023.

DZS’s latest innovations are designed to capture market share in an increasingly competitive environment. Their Velocity portfolio of optical line terminals, including the award-winning DZS Velocity V6, are leading environmentally hardened, multi-gigabit, fiber access platforms with market-leading capacity and performance capabilities.

The Saber platform offers groundbreaking, cost-effective deployment of coherent optics in remote and rural locations, enabling long reach, low latency services for residential and enterprise networks. Their Cloud Edge portfolio, driven by AI and machine learning, powers over 50 million subscribers globally with real-time network optimization capabilities.

The Subscriber Edge solutions include the DZS Helix portfolio of residential and business Optical Networking Terminals (ONTs), access points, and WiFi-enabled gateways, enhancing end-user experience significantly. Major service providers like Orange and Vianet have chosen DZS products to deliver superior broadband services.

To learn more about DZS Inc. and their innovative solutions, visit https://www.dzsi.com.

Rhea-AI Summary
DZS appoints Todd Jackson and Paul Choi to its Board of Directors following strategic transactions including securing working capital, planned divestiture of Asia business, and additional investments. The company focuses on growth pillars in various regions and anticipates a pivotal year in 2024 with ongoing trials and innovations in access, optical, and cloud software solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.29%
Tags
none
-
Rhea-AI Summary
DZS Inc. received a Staff Delisting Determination from Nasdaq due to non-compliance with timely filing of financial reports, but no immediate delisting will occur. The Company plans to request a hearing and seek a stay of any suspension or delisting action. The Hearings Panel may grant an extension until August 3, 2024. DZS Inc. aims to prepare and file the Relevant Financial Statements for audit/review to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.54%
Tags
none
-
Rhea-AI Summary
DZS and Andorix are collaborating to modernize legacy buildings with outdated infrastructure, creating fiber-based smart buildings that generate significant CAPEX and OPEX savings for commercial property owners. The partnership aims to transform landmark locations into intelligent, hyper-connected buildings, making them more attractive to existing and new tenants. The Post in Vancouver, Canada, is an example of this transformation, boasting a world-class fiber-optic infrastructure on the cutting-edge of smart building technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.64%
Tags
partnership
Rhea-AI Summary
DZS (Nasdaq: DZSI) announced a $25 million funding and definitive agreement to divest its Asia business to Korea-based DASAN Networks Inc., eliminating $43 million of debt and receiving $5 million in cash. The divestiture will allow DZS to focus on the Americas, Europe, Middle East, and Africa (EMEA), and Australia/New Zealand (ANZ) regions, aligning with the company's strategic vision and growth pillars. The company anticipates valuable growth from multi-year FTTX networking and 5G cloud software contracts secured over the past two years, supported by $30 million of incremental working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
Tags
none
-
Rhea-AI Summary
DZS Inc. (DZSI) Receives Delinquency Notification Letter from Nasdaq for Late Filing of Quarterly Report, Pursuing Compliance Plan. The global leader of access, optical, and AI-driven cloud software solutions, DZS Inc., received a delinquency notification letter from Nasdaq due to the late filing of the Third Quarter 10-Q. The company is diligently pursuing completion of restatements and intends to make filings as soon as reasonably practicable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
none
-
Rhea-AI Summary
DZS (Nasdaq: DZSI) announces delay in filing Quarterly Report due to accounting errors, restating financial statements. Company also reports $30 million cost savings in 2023, expects full realization in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
Rhea-AI Summary
DZS successfully completes pilot program with Orange Polska for deployment of fiber access portfolio in Poland
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
partnership
-
Rhea-AI Summary
DZS Cloud software platform recognized for enabling TalkTalk to optimize broadband customer experience
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.95%
Tags
none
-
News
Rhea-AI Summary
DZS secures $29.7M in loans, including $24.5M from DASAN Networks, Inc. (DNI). DNI expects DZS to convert trials to new customers in 2023-2024. DZS plans to lower operating spend by $10M in Q1 2024. DZS showcased its FiberWay solution at Fiber Connect, with 50% more customer engagement than last year. DZS meets requirements for BEAD program's 'Buy America' waiver. DZS offers compliant products and AI-driven software solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.24%
Tags
none
Rhea-AI Summary
DZS Inc. received a delinquency notification letter from Nasdaq for not timely filing its Quarterly Report on Form 10-Q. The notification has no immediate effect on stock trading. The company must submit a plan of compliance within 60 days to regain compliance with Nasdaq's listing rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
Tags
none

FAQ

What is the current stock price of DZS (DZSI)?

The current stock price of DZS (DZSI) is $0.76 as of December 20, 2024.

What is the market cap of DZS (DZSI)?

The market cap of DZS (DZSI) is approximately 15.1M.

What does DZS Inc. specialize in?

DZS Inc. specializes in providing network access solutions, including broadband access products, central office products, Ethernet switching products, and software-defined networks.

Which markets does DZS Inc. serve?

DZS Inc. serves markets in the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea, and other Asia-Pacific countries.

What are the recent achievements of DZS Inc.?

Recent achievements include strategic growth initiatives in the Americas and EMEA regions, closing the divestiture of its Asia business unit, and optimizing its cost structure.

What innovative products does DZS offer?

DZS offers innovative products like the Velocity portfolio of optical line terminals, the Saber platform for coherent optics, and the AI-driven Cloud Edge portfolio.

Who are some of DZS Inc.'s major customers?

Major customers include Orange and Vianet, which leverage DZS products to deliver superior broadband services.

What is included in DZS’s Subscriber Edge solutions?

The Subscriber Edge solutions include the DZS Helix portfolio of ONTs, access points, WiFi-enabled gateways, and other devices for comprehensive WiFi experience management.

How does DZS support rural broadband access?

DZS supports rural broadband access through products like the Saber platform, which offers cost-effective deployment of coherent optics in remote locations.

What software solutions does DZS provide?

DZS provides AI-driven cloud software solutions like DZS CloudCheck and Expresse for network optimization and subscriber management.

Where can I learn more about DZS Inc.?

You can learn more about DZS Inc. by visiting their official website at https://www.dzsi.com.

What is the Velocity portfolio?

The Velocity portfolio includes industry-leading optical line terminals designed for multi-gigabit, fiber access with capabilities that support upgrades to 50G PON and beyond.

DZS INC

Nasdaq:DZSI

DZSI Rankings

DZSI Stock Data

15.12M
22.91M
40.27%
0.52%
2.77%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
PLANO