Dzs Inc Stock Price, News & Analysis

DZS (Nasdaq: DZSI) announced that Mid-Hudson Cable will upgrade its communications network to 10-gig symmetrical speeds, with plans for future scalability to 50G/100G technologies. This enhancement, based on the DZS Velocity V6 system, aims to support multi-gigabit services across 45,000 homes in the Hudson Valley area. Mid-Hudson Cable seeks to solidify its position as a top provider in New York by leveraging DZS's technology to meet growing demand for bandwidth-intensive services.

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.