Shares of DZS DZSI were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 133.33% over the past year to ($0.03), which were in line with the estimate of ($0.03).
Revenue of $82,700,000 up by 17.30% year over year, which beat the estimate of $78,590,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Q3 revenue expected to be between $85,000,000 and $90,000,000.
Recent Stock Performance
Company's 52-week high was at $23.48
52-week low: $8.73
Price action over last quarter: Up 23.30%
Company Overview
DZS Inc is a broad-based network access solutions provider. It designs, develops and manufactures communications network equipment for telecommunications operators and enterprises. The firm provides solutions in five major product areas: broadband access, mobile backhaul, Ethernet switching, passive optical LAN and software-defined networks. It also offers customer premise equipment, network management, cabinets, and channel bank. Its primary geographic markets are the United States, Canada, Latin America, Europe, Middle East, Africa, Korea, and Other Asia Pacific.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.