DASAN Zhone Solutions Reports Strong Third Quarter 2018 Financial Results; Raises Revenue Guidance and Introduces Additional Guidance for Full Year 2018
DZS Inc. (DZSI)
Last dzs inc. earnings: 3/5 04:02 pm
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Source: GlobeNewswire
OAKLAND, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) -- DASAN Zhone Solutions, Inc. (NASDAQ: DZSI or the "Company" or “DZSI”), a global leader in fiber access transformation for enterprise and service provider networks, today reported its financial results for the three months ended September 30, 2018. The Company also provided its outlook for the three months ending December 31, 2018, including increased revenue guidance and introduced additional guidance for the full year ending December 31, 2018. Third Quarter 2018 Financial Performance: Third quarter revenue was $71.9 million, which was at the mid-point of the Company’s guidance and reflected an increase of 8.2% year-over-year.GAAP gross margin for the quarter was 32.6%, which was above the Company’s gross margin guidance of 32%.GAAP net income attributable to DZSI for the third quarter was $1.8 million, or $0.11 per diluted share, as compared to a net income of $1.4 million, or $0.09 per diluted share for the third quarter of 201
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DZSI
News
- DZS Inc. (NASDAQ: DZSI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $9.00 price target on the stock.MarketBeat
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DZSI
Earnings
- 5/8/23 - Beat
DZSI
Sec Filings
- 4/19/24 - Form 4
- 4/5/24 - Form 8-K
- 3/21/24 - Form 8-K
- DZSI's page on the SEC website