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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DZS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DZS's position in the market.
Rhea-AI Summary
DZS receives high scores for its DZS Saber 4400 ROADM optical transport module and DZS Xtreme software platform in the 2024 Lightwave Innovation Review. The products are recognized for technical features and performance, providing substantial benefits to users. DZS continues to bring differentiated solutions to the market, improving network architecture and service provider flexibility.
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End-of-Day
-1.39%
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DZS partners with Vianet to deploy high-speed fiber access system in northern Ontario, offering some of the fastest broadband speeds in the region
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Rhea-AI Sentiment
End-of-Day
10.29%
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Rhea-AI Summary
DZS appoints Todd Jackson and Paul Choi to its Board of Directors following strategic transactions including securing working capital, planned divestiture of Asia business, and additional investments. The company focuses on growth pillars in various regions and anticipates a pivotal year in 2024 with ongoing trials and innovations in access, optical, and cloud software solutions.
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Rhea-AI Sentiment
End-of-Day
10.29%
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DZS Inc. received a Staff Delisting Determination from Nasdaq due to non-compliance with timely filing of financial reports, but no immediate delisting will occur. The Company plans to request a hearing and seek a stay of any suspension or delisting action. The Hearings Panel may grant an extension until August 3, 2024. DZS Inc. aims to prepare and file the Relevant Financial Statements for audit/review to regain compliance.
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DZS and Andorix are collaborating to modernize legacy buildings with outdated infrastructure, creating fiber-based smart buildings that generate significant CAPEX and OPEX savings for commercial property owners. The partnership aims to transform landmark locations into intelligent, hyper-connected buildings, making them more attractive to existing and new tenants. The Post in Vancouver, Canada, is an example of this transformation, boasting a world-class fiber-optic infrastructure on the cutting-edge of smart building technologies.
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Rhea-AI Sentiment
End-of-Day
-9.64%
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DZS (Nasdaq: DZSI) announced a $25 million funding and definitive agreement to divest its Asia business to Korea-based DASAN Networks Inc., eliminating $43 million of debt and receiving $5 million in cash. The divestiture will allow DZS to focus on the Americas, Europe, Middle East, and Africa (EMEA), and Australia/New Zealand (ANZ) regions, aligning with the company's strategic vision and growth pillars. The company anticipates valuable growth from multi-year FTTX networking and 5G cloud software contracts secured over the past two years, supported by $30 million of incremental working capital.
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Rhea-AI Sentiment
End-of-Day
-5.45%
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DZS Inc. (DZSI) Receives Delinquency Notification Letter from Nasdaq for Late Filing of Quarterly Report, Pursuing Compliance Plan. The global leader of access, optical, and AI-driven cloud software solutions, DZS Inc., received a delinquency notification letter from Nasdaq due to the late filing of the Third Quarter 10-Q. The company is diligently pursuing completion of restatements and intends to make filings as soon as reasonably practicable.
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Rhea-AI Sentiment
End-of-Day
-2.21%
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DZS (Nasdaq: DZSI) announces delay in filing Quarterly Report due to accounting errors, restating financial statements. Company also reports $30 million cost savings in 2023, expects full realization in 2024.
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End-of-Day
-0.62%
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DZS successfully completes pilot program with Orange Polska for deployment of fiber access portfolio in Poland
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Rhea-AI Sentiment
End-of-Day
3.41%
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DZS Cloud software platform recognized for enabling TalkTalk to optimize broadband customer experience
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Rhea-AI Sentiment
End-of-Day
5.95%
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DZS Inc.
Nasdaq:DZSI
DZSI Rankings
DZSI Stock Data
50.70M
18.65M
46.89%
23.06%
3.47%
Telephone Apparatus Manufacturing
Manufacturing
United States of America
PLANO
About DZSI
dzs inc. provides network access solutions and communications platforms for service provider and enterprise networks in the united states, canada, latin america, europe, the middle east, africa, korea, and other asia pacific countries. it offers 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. the company also provides central office products, such as broadband loop carriers for dsl and voice-grade telephone service; dsl access multiplexers (dslams); optical line terminals for passive optical distribution networks like gpons; and 10g passive optical networks and 10g point-to-point active ethernet. in addition, it offers ethernet switching products; mobile backhaul products comprising standard ethernet/ip or multiprotocol label switching interfaces; software defined networks and net