DZS Inc. Common Stock

DZSI

Market cap $19.5M

Company continues to work diligently toward filing restated financials and delayed reports Company continues to work diligently toward filing restated financials and delayed reports

DALLAS and NASHVILLE, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced another milestone in its mission to revolutionize the business case for coherent optics deployment at the network edge.

CommScope Holding and DZS have been highlighted in this Industry Outlook article.

The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM and DZSI are likely to benefit from the continued transition to cloud networks.

DALLAS, May 17, 2024 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, announced today that on May 14, 2024, as expected, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company did not timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “First Quarter 10-Q”). The notification letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

DALLAS, May 06, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, today announced a binding agreement to acquire NetComm Wireless Pty Ltd. (NetComm).

The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. IHS and DZSI are likely to benefit from the continued transition to cloud networks.

Extension through August 5th to file restated financial statements and delayed periodic reports Extension through August 5th to file restated financial statements and delayed periodic reports

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that Brian Chesnut has been appointed as the company's Chief Accounting Officer (CAO), reporting directly to Chief Financial Officer (CFO), Misty Kawecki. Mr. Chesnut will be responsible for working closely with the CFO, senior leadership and the company's new independent public accounting firm, BDO USA, overseeing all corporate accounting functions including reporting, governance and internal controls.

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