DZS Inc reports results for the quarter ended in March - Earnings Summary

DZS

08/05/2023 23:27

* DZS Inc  DZSI.OQ  reported a quarterly adjusted loss of 6
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 17.9% to $90.81 million from a year ago;
analysts
expected $95.30 million. 
    * DZS Inc's reported EPS for the quarter was a loss of 55
cents​.
    * The mean earnings estimate of analysts had fallen by
about 153.5% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * DZS Inc shares had fallen by 16.1% this quarter and
lost 47.8%
so far this year.
    * The company reported a quarterly loss of $17.14 million.
    * Wall Street's median 12-month price target for DZS Inc is
$17.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 10:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.06          Missed
 Dec. 31 2022      0.14           -0.11          Missed
 Sep. 30 2022      0.08           -0.17          Missed
 Jun. 30 2022      0.07           -0.02          Missed