DZS ( (DZSI) ) has shared an update.
DZS Inc., a company specializing in networking and connectivity solutions, has been actively engaging the investment community with updates at various conferences and meetings. Their current investor slide presentation provides an insight into their strategic and financial movements, including the divestiture of their Asia business and the acquisition of NetComm to enhance their connectivity portfolio. Despite a revenue decline in the first half of 2024, cost savings and inventory capital management look promising, with expected sales synergies and cash flow improvements in the latter part of the year and into 2025. The company anticipates a return to double-digit revenue growth in the second half of 2024 and a steady investment cycle in 2025, driven by strong strategic customer projects and technology trials.
For a thorough assessment of DZSI stock, go to TipRanks’ Stock Analysis page.
