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DZS (DZSI)
OTHER OTC:DZSI
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Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 4.35%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a strong revenue growth and improved gross margin, driven by strategic divestitures and successful cost-saving measures. However, increased operating expenses and continued EBITDA losses pose challenges. The company remains optimistic about future profitability and cash flow improvements.Company Guidance
During the DZS third quarter 2024 earnings call, the company provided guidance with several key performance indicators and projections. DZS reported a 23% quarter-over-quarter increase in revenue to $38.1 million and a non-GAAP adjusted gross margin of 36.7%, up by 6.5% from the previous quarter. The firm also highlighted a significant inventory of $79 million and a backlog of $90 million. They anticipate improved revenue and profitability in Q4 2024 and throughout 2025, driven by a growing sales pipeline and the benefits of the NetComm acquisition. The strategic divestiture of their network assurance and in-home WiFi management portfolio added $34 million in cash and reduced debt by $50 million. Additionally, DZS set four KPIs: growth and profitability, cost savings, sales synergies from the NetComm acquisition, and monetizing inventory. The company aims to achieve breakeven on an adjusted EBITDA basis and positive cash flow in 2025.Revenue Growth
The company reported $38.1 million in revenue for Q3 2024, a 23% increase quarter-over-quarter and a 67.8% increase year-over-year.
Gross Margin Improvement
Non-GAAP adjusted gross margin increased to 36.7%, up 6.5% quarter-over-quarter, indicating improved profitability.
Successful Divestiture
DZS successfully divested its network assurance and in-home WiFi management portfolio for $34 million, reducing debt by $50 million and adding $15 million in cash.
Inventory Monetization Strategy
Progress in monetizing $79 million of inventory, with a growing sales pipeline and improved backlog visibility.
Cost Savings Initiatives
Cost savings initiatives, including synergies from the NetComm acquisition, are expected to be completed by year-end 2024.
Improved Financial Metrics
Adjusted EBITDA improved by $8.2 million or 46.8% from Q3 2023, and Days Sales Outstanding (DSO) significantly improved from 120 days to 83 days.
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DZSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DZSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $0.69 | $0.66 | -4.35% |
| Sep 03, 2024 | $0.15 | $0.10 | -33.33% |
| May 09, 2024 | $1.85 | $1.76 | -4.86% |
| Feb 29, 2024 | $1.42 | $1.47 | +3.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does DZS (DZSI) report earnings?
DZS (DZSI) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is DZS (DZSI) earnings time?
DZS (DZSI) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DZSI EPS forecast?
Currently, no data Available
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