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.
DZS (Nasdaq: DZSI), a leader in access and optical solutions, announced CEO Charlie Vogt's participation in a panel at the OFC conference on March 8. He will discuss over $130 billion in funding aimed at enhancing high-speed broadband access across the U.S. Vogt emphasized the importance of this opportunity, particularly with the Middle Mile Grant and Broadband Equity programs underway. DZS is set to launch innovative products like the DZS Saber 4400, designed to provide high bandwidth at lower costs, facilitating broadband deployment even in remote areas. The company aims to address digital divide challenges and optimize solutions for service providers.
DZS (Nasdaq: DZSI), a leader in access and optical solutions, has announced that its Saber 4400 optical transport solution, Velocity V6 fiber access system, and sdNOS software platform were recognized as High Score Recipients in the 2023 Lightwave Innovation Review. This recognition highlights the innovative features and market impact of these products. The Saber 4400 offers long-range optical transport with significant cost savings, while the Velocity V6 provides high switching capacity for PON performances. The sdNOS aids in rapid service introduction, enhancing operational efficiency for service providers.
DZS (Nasdaq: DZSI) reported Q4 2022 financial results, revealing a revenue of $100 million, up 2% year-over-year, despite supply chain challenges and a strong dollar. Orders totaled $90 million, down from $134 million in Q4 2021, with a book-to-bill ratio of 0.9. The GAAP net loss reached $15 million, or $(0.50) per share. For the full year, revenue increased by 7% to $376 million, while total orders fell to $441 million. The company anticipates Q1 2023 revenue between $90-100 million and a range of $420-450 million for full-year 2023, with improved adjusted gross margins of 33%-35% and adjusted EBITDA shifting to a positive outlook.
DZS (Nasdaq: DZSI) announced the launch of DZS Xperience Cloud, enhancing their AI-enabled solutions for regional service providers. This cloud-hosted service provides comprehensive WiFi management and service assurance, allowing providers to enhance customer experiences while minimizing costs and risks associated with proprietary systems. The offering includes an in-home cybersecurity suite and features like compliance reporting. DZS aims to deliver superior service without locking providers into expensive vendor contracts. Initial deployments show promising improvements in network quality, customer retention, and revenue per user.
DZS (Nasdaq: DZSI), a leader in access and optical edge infrastructure, will announce its 2022 fourth-quarter financial results after the market closes on February 16, 2023. This release will be accompanied by a conference call scheduled for 5:00 p.m. ET, where management will discuss the financial outcomes. Interested participants can register for the call to obtain the dial-in details. A live webcast of the conference will be accessible on DZS's investor relations website. The company emphasizes the importance of joining the call at least five minutes early to ensure proper admission.
DZS (NASDAQ: DZSI) has partnered with Bonfire Fiber to improve broadband access in underserved communities. Utilizing the Saber-4400 optical transport platform, the partnership aims to provide high-speed internet while minimizing costs. The Saber-4400 can deliver up to 400Gbps per wavelength and reach distances of 120km without amplification, resulting in significant savings of $20,000 to $200,000 per site compared to competitive solutions. This collaboration aligns with government efforts to bridge the digital divide, supported by over $120 billion in funding aimed at broadband expansion.
DZS (Nasdaq: DZSI) has announced a partnership with KT Corporation, South Korea's largest broadband provider, to enhance its network capabilities. KT is upgrading its existing 1Gbps Fiber-to-the-Premises (FTTP) infrastructure to a 10Gbps system using the DZS Velocity Access EDGE platform. This upgrade aims to support high-demand internet, voice, and video services across major southern regions, including Daegu, Busan, and Gwangju. With a projected increase in data rates and subscriber capacity, the DZS platform is recognized for its deployment flexibility, cost-effectiveness, and reliability, solidifying the longstanding partnership between the two companies.
DZS (Nasdaq: DZSI) has unveiled DZS Xtreme Access, a groundbreaking solution for communications service providers (CSPs) that integrates access, optical transport, and AI-driven experience management. This offering enhances service automation and operational efficiency, allowing for rapid service launches and improved service delivery. The technology incorporates advanced orchestration capabilities, enabling extensive automation and streamlined integration with existing network elements. Notably, Telus has reported a three to four times increase in onboarding speed using DZS Xtreme. The solution supports multi-vendor technologies, fostering flexibility and efficiency across networks.
On January 25, 2023, Open XR Forum welcomed Innolight Technology, DZS, and LightRiver as new members, aiming to advance software-configurable coherent optical networks using XR optics transceiver technology. This initiative enhances multi-vendor interoperability and high-bandwidth capabilities essential for modern networks. Innolight plans to broaden its product line, potentially lowering customer CAPEX and increasing deployment flexibility. LightRiver emphasizes the economic benefits of XR technology for network operators. DZS highlights the technology’s potential in meeting rising demand for optical broadband and 5G. This collaboration aims to standardize network interfaces and drive the adoption of innovative optical solutions.
FAQ
What is the current stock price of DZS (DZSI)?
What is the market cap of DZS (DZSI)?
What does DZS Inc. specialize in?
Which markets does DZS Inc. serve?
What are the recent achievements of DZS Inc.?
What innovative products does DZS offer?
Who are some of DZS Inc.'s major customers?
What is included in DZS’s Subscriber Edge solutions?
How does DZS support rural broadband access?
What software solutions does DZS provide?
Where can I learn more about DZS Inc.?
What is the Velocity portfolio?
