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DZS ( (DZSI) ) has issued an announcement.
DZS Inc. has completed its financial restatement and made strategic moves to optimize its business, including divesting certain business units and acquiring NetComm to enhance connectivity solutions. With a focus on sustained profitable growth, the company is positioning itself for future expansion through technology differentiation, particularly in AI and software-defined network automation, as the industry emerges from an inventory correction phase.
More about DZS
DZS Inc., headquartered in Dallas, Texas, specializes in broadband access and software automation solutions. Founded in 1999, the company serves approximately 200 customers across the Americas, EMEA, and ANZ regions, and is recognized for its technology solutions selected by 14 of the top 25 telecom service providers in these markets.
YTD Price Performance: 18.06%
Average Trading Volume: 33,596
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $32.97M
For an in-depth examination of DZSI stock, go to TipRanks’ Stock Analysis page.