Brief: Dasan Zhone Solutions Reports Strong First Quarter 2019 Financial Results

DZS

10/05/2019 11:10

May 10 (Reuters) - DASAN Zhone Solutions Inc  DZSI.O :
    * DASAN ZHONE SOLUTIONS REPORTS STRONG FIRST QUARTER 2019
FINANCIAL RESULTS
    * Q1 REVENUE $74.1 MILLION
    * Q1 LOSS PER SHARE $0.10
    * Q1 NON-GAAP EARNINGS PER SHARE $0.05
    * SEES Q2 2019 NET REVENUE RANGING FROM $82.5 MILLION TO
$86.0
MILLION
    * SEES Q2 2019 NON-GAAP ADJUSTED OPERATING EXPENSES RANGING
FROM
$24.5 MILLION TO $26.0 MILLION
    * SEES Q2 2019 ADJUSTED EBITDA RANGING FROM $2 MILLION TO $3
MILLION
    * SEES FY 2019 ORGANIC REVENUE OF $304 MILLION TO $310
MILLION
    * SEES FY 2019 GAAP GROSS MARGIN OF 32.5% TO 34.0%
    * SEES FY 2019 NON-GAAP ADJUSTED OPERATING EXPENSES OF $97
MILLION
TO $102 MILLION
    * SEES FY 2019 ADJUSTED EBITDA OF $17 MILLION TO $20 MILLION
    * SEES Q2 2019 GAAP GROSS MARGIN OF 32.5% TO 33.5%

Source text for Eikon:  ID:nGNX7Ggg0c 
Further company coverage:  DZSI.O 

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