DZS Inc. (DZSIQ)
OTCMKTS · Delayed Price · Currency is USD
0.000001
-0.0001 (-99.00%)
Aug 27, 2026, 9:30 AM EST
DZS Inc. Earnings Call Transcripts
Fiscal Year 2024
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Q3 2024 saw 23% sequential and 67.8% year-over-year revenue growth, improved gross margin, and a narrowed EBITDA loss. Divestitures and the NetComm acquisition strengthened the balance sheet and portfolio, with further profitability and cash flow improvements expected in 2025.
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Restated financials are now current, with Asia business divested and NetComm acquired, strengthening technology and customer base. H1 2024 revenue declined 21% year-over-year, but margins and EBITDA improved. H2 2024 is expected to see higher orders, improved margins, and a path to break-even by year-end.