Brief: Dasan Zhone Solutions Sees Q3 2019 Revenue Of $70 Mln-$72 Mln

DZS

07/10/2019 21:58

Oct 7 (Reuters) - DASAN Zhone Solutions Inc  DZSI.O :
    * SEES Q3 2019 REVENUE $70 MILLION TO $72 MILLION
    * DASAN ZHONE SOLUTIONS - PRELIM Q3 RESULTS LOWER THAN
ANTICIPATED
DUE TO VARIOUS FACTORS, INCLUDING SOFTER GLOBAL TELCO WIRELINE
CARRIER SPENDING IN H2
    * IMPLEMENTED SOME COST OPTIMIZATION MEASURES IN BROADBAND
BUSINESS
    * FULLY EXPECT TO REMAIN PROFITABLE THROUGHOUT 2019
    * DASAN ZHONE SOLUTIONS - LOOKING TO FISCAL 2020, WE ON
TRACK FOR
STRONG CONTRIBUTIONS FROM 5G DEPLOYMENTS
    * Q3 REVENUE VIEW $91.2 MILLION -- REFINITIV IBES DATA

Source text: [https://bit.ly/2Iz5GOK]
Further company coverage:  DZSI.O 

 (Reuters.Briefs@thomsonreuters.com)