DZS Reports Q3 2024 Growth Amid Challenges

The latest update is out from DZS ( (DZSI) ).

DZS Inc. announced its Q3 2024 financial results, highlighting a quarter of topline growth and progress on key initiatives despite a drop in orders compared to the previous year. The company reported a 22.8% increase in net revenue from Q2 2024 and improved gross margins. While losses have decreased, DZS aims to achieve break-even Adjusted EBITDA by 2025 through cost-saving initiatives and synergies from its NetComm acquisition.

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