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) has issued a press release on November 1, 2022, announcing the availability of its third-quarter 2022 financial results. The unaudited financial results can be accessed on the company's investor relations website. A conference call is scheduled for the same day at 5:00 p.m. ET to discuss these results, with participants encouraged to register in advance for dial-in details. DZS is recognized as a leader in access and optical edge infrastructure as well as cloud software solutions.
DZS (NASDAQ: DZSI) announced its involvement in the O-RAN Global PlugFest Fall 2022, participating with major mobile operators across the U.S., Europe, and Japan. The event showcased over 80 companies highlighting the growth momentum in Open RAN (O-RAN) technology. Analyst projections indicate that Open vRAN revenue will increase by 65% over four years, with O-RAN systems expected to account for 16% of the RAN market by 2026, translating to $23.5 billion in spending. DZS is recognized for its contributions to 5G deployments, particularly with Rakuten Mobile's cloud-native O-RAN network.
DZS (Nasdaq: DZSI) will announce its financial results for Q3 2022 after market close on November 1, 2022. The announcement will be accessible via a news release and a shareholder report on the DZS Investor Relations website. Following the results, a conference call is scheduled for the same day at 5:00 p.m. ET (4:00 p.m. CT). Participants can register for the call to receive the dial-in details. The audio webcast will be live-streamed and available for replay on the investor site.
DZS has launched its DZS Velocity V6 system, enhancing Passive Optical Networking (PON) capacities by 4 to 8-fold compared to existing technologies. This innovative system, designed for high-density locations, offers up to 800 Gbps of non-blocking switching capacity per slot, supporting future upgrades to 50/100 Gbps access technologies. The V6 is positioned as a replacement for Huawei’s legacy systems, minimizing operational disruption and maximizing upgrade potential. The technology will be showcased at Network X 2022, taking place from October 18-20 in Amsterdam.
DZS (NASDAQ: DZSI) has launched the DZS Saber-4400, a compact, modular optical metro and edge transport platform capable of delivering up to 400 Gbps per wavelength. Tailored for non-climate-controlled environments, it offers significant cost savings for service providers, estimated between $20,000 to $200,000 per site. The platform supports scalable transponder capacity and is compliant with U.S. government funding programs aimed at closing the digital divide. With capabilities for multi-gigabit fiber broadband and optimized for 5G deployments, the Saber-4400 addresses the growing demands for bandwidth at the optical edge.
DZS (Nasdaq: DZSI) has announced a partnership with Fabrinet (NYSE: FN) to transition to a contract manufacturing model. This strategic shift will move DZS’s sourcing and manufacturing activities to Fabrinet's facilities by the end of 2022. The partnership aims to enhance profit margins, reduce operational expenses, and improve working capital. DZS expects this move to support its growing broadband access and optical edge infrastructure demand, which has doubled since 2020, positioning the company for future growth. The transition will reduce DZS's Seminole operations workforce by about two-thirds.
DZS (Nasdaq: DZSI) announced that CEO Charlie Vogt has received the 2022 Corporate CEO award from Tech Titans, acknowledging his significant contributions to the tech industry. This honor follows his recognition as Light Reading's 2021 Person of the Year. The award will be presented on October 27 at a gala ceremony. Under Vogt's leadership, DZS has achieved record orders of $504 million in 2021 (a 62% increase year-over-year) and secured 187 new customers since August 2020, significantly enhancing its market positioning in networking solutions.
DZS (Nasdaq: DZSI) has launched its M4000 high-performance edge aggregation and mobile transport system, designed for 5G xHaul applications. The M4000 features a compact, environmentally hardened design, supporting low-latency switching and advanced synchronization for complex networks. Its key differentiators include a convergence of multiple layers of software, a wide range of interface flexibility, and high-capacity options. The device is aimed at enhancing multigigabit services and meeting the rising demands in network modernization driven by 5G.
DZS (Nasdaq: DZSI) announced a significant upgrade for Southeast Nebraska Communications (SNC) as they transition to next-generation Active Ethernet solutions. This upgrade aims to replace outdated infrastructure with DZS’s Velocity portfolio, preparing for future multi-gigabit services like 8K TV and immersive gaming. SNC reports enhanced service quality, operational cost savings, and improved customer satisfaction. DZS remains committed to supporting SNC’s network evolution, ensuring advanced service delivery and flexibility amidst changing communication needs.
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