DZS (DZSI)

Company Profile

dzs inc. provides network access solutions and communications platforms for service provider and enterprise networks in the united states, canada, latin america, europe, the middle east, africa, korea, and other asia pacific countries. it offers broadband access products, including customer premise equipment, such as digital subscriber line (dsl) modems; ethernet access demarcation devices; and gigabit passive optical network (gpon) and 10g point-to-point active ethernet optical network terminals. the company also provides central office products, such as broadband loop carriers for dsl and voice-grade telephone service; dsl access multiplexers (dslams); optical line terminals for passive optical distribution networks like gpons; and 10g passive optical networks and 10g point-to-point active ethernet. in addition, it offers ethernet switching products; mobile backhaul products comprising standard ethernet/ip or multiprotocol label switching interfaces; software defined networks and net

Company profile

Ticker

DZSI

Exchange

NASDAQ

Website

dzsi.com/

CEO

Il Yung Kim

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Manufacturing > Telephone Apparatus Manufacturing

Industry (SIC)

Telephone & Telegraph Apparatus

CIENA • Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne ...

Former names

DASAN ZHONE SOLUTIONS INC, TELLIUM INC, ZHONE TECHNOLOGIES INC

SEC CIK

0001101680

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

DASAN Network Solutions, Inc. • DASAN India Private Limited • DZS Vietnam Company • D-Mobile Limited • DZS Japan Inc. • DZS Solutions India Private Limited • DZS Canada • Optelian Mexico • Optelian Servicios Mexico • Keymile Ltda. ...

IRS number

223509099

DZSI stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

DZS Secures $29.7 Million in Financing

13 Sep 23

8-K

DZS Inc. Receives Nasdaq Notice Regarding Late Form 10-Q Filing

18 Aug 23

8-K

DZS Inc. Announces Delayed 10-Q Filing

9 Aug 23

NT 10-Q

Notice of late quarterly filing

9 Aug 23

8-K

Submission of Matters to a Vote of Security Holders

1 Jun 23

8-K

DZS to Restate First Quarter 2023 Financial Statements and Updates Full Year 2023 Guidance

1 Jun 23

Conflict minerals disclosure

9 May 23

DZS Releases First Quarter 2023 Financial Results

8 May 23

DEFA14A

Additional proxy soliciting materials

28 Apr 23

Transcripts

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DZSI

Earnings call transcript

2023 Q1

8 May 23

DZSI

Earnings call transcript

2022 Q4

16 Feb 23

DZSI

Earnings call transcript

2022 Q3

2 Nov 22

DZSI

Earnings call transcript

2022 Q2

3 Aug 22

DZSI

Earnings call transcript

2022 Q1

3 May 22

DZSI

Earnings call transcript

2021 Q4

11 Feb 22

DZSI

Earnings call transcript

2021 Q3

2 Nov 21

DZSI

Earnings call transcript

2021 Q2

3 Aug 21

DZSI

Earnings call transcript

2021 Q1

4 May 21

DZSI

Earnings call transcript

2020 Q4

23 Feb 21

Latest ownership filings

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Financial summary

Financial statements Chart DZSI financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	31.02 mm	31.02 mm	31.02 mm	31.02 mm	31.02 mm	31.02 mm
Cash burn (monthly)	2.48 mm	804.08 k	5.10 mm	3.88 mm	5.00 mm	4.60 mm
Cash used (since last report)	14.57 mm	4.72 mm	29.91 mm	22.77 mm	29.36 mm	26.98 mm
Cash remaining	16.45 mm	26.30 mm	1.10 mm	8.24 mm	1.66 mm	4.03 mm
Runway (months of cash)	6.6	32.7	0.2	2.1	0.3	0.9

Beta Read what these cash burn values mean

Financial data from DZS earnings reports.

Institutional ownership, Q2 2023

DZSI institutional ownership history Ownership history

42.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	69	79	-12.7%
Opened positions	13	15	-13.3%
Closed positions	23	19	+21.1%
Increased positions	25	36	-30.6%
Reduced positions	20	15	+33.3%

13F shares	Current	Prev Q	Change
Total value	42.75 bn	97.51 bn	-56.2%
Total shares	13.08 mm	14.29 mm	-8.5%
Total puts	1.10 k	2.00 k	-45.0%
Total calls	35.00 k	18.30 k	+91.3%
Total put/call ratio	0.0	0.1	-71.2%

Largest owners	Shares	Value	Change
Royce & Associates	1.76 mm	$6.98 bn	+24.8%
Divisar Capital Management	1.48 mm	$5.88 bn	+3.1%
Hirschman Orin	1.47 mm	$18.94 mm	0.0%
BLK Blackrock	1.39 mm	$5.52 bn	+12.9%
Vanguard	993.76 k	$3.95 bn	-1.9%
Penserra Capital Management	853.89 k	$3.39 mm	+183.7%
First Washington	643.08 k	$2.55 bn	+25.3%
King Luther Capital Management	600.00 k	$2.38 bn	-7.0%
Geode Capital Management	451.83 k	$1.79 bn	+17.3%
Kent Lake Capital	382.16 k	$1.52 bn	NEW

Largest transactions	Shares	Bought/sold	Change
AWM Investment	130.16 k	-972.39 k	-88.2%
Penserra Capital Management	853.89 k	+552.87 k	+183.7%
AIGH Capital Management	0.00	-471.39 k	EXIT
Kent Lake Capital	382.16 k	+382.16 k	NEW
Royce & Associates	1.76 mm	+349.77 k	+24.8%
Kennedy Capital Management	150.37 k	-302.29 k	-66.8%
First Eagle Investment Management	0.00	-277.65 k	EXIT
Select Equity	250.76 k	+236.78 k	+1694.1%
Citadel Advisors	16.23 k	-234.85 k	-93.5%
Essex Investment Management	0.00	-181.29 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

DZSI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Aug 23	Misty Dawn Kawecki	Common Stock	Payment of exercise	Dispose F	No	No	3.6	4,559	16.41 k	65,465
2 Aug 23	Misty Dawn Kawecki	Common Stock	Option exercise	Acquire M	No	No	0	16,666	0.00	70,024
2 Aug 23	Misty Dawn Kawecki	RSU Common Stock	Option exercise	Dispose M	No	No	0	16,666	0.00	16,668
10 Jun 23	Charles D Vogt	Common Stock	Payment of exercise	Dispose F	No	No	3.49	6,116	21.34 k	102,952
10 Jun 23	Charles D Vogt	Common Stock	Option exercise	Acquire M	No	No	0	14,816	0.00	109,068
10 Jun 23	Charles D Vogt	RSU Common Stock	Option exercise	Dispose M	No	No	0	14,816	0.00	0
10 Jun 23	Justin K. Ferguson	Common Stock	Payment of exercise	Dispose F	No	No	3.49	5,374	18.76 k	33,423
10 Jun 23	Justin K. Ferguson	Common Stock	Option exercise	Acquire M	No	No	0	12,500	0.00	38,797
10 Jun 23	Justin K. Ferguson	RSU Common Stock	Option exercise	Dispose M	No	No	0	12,500	0.00	0
10 Jun 23	Miguel Alonso	Common Stock	Payment of exercise	Dispose F	No	No	3.49	2,041	7.12 k	16,998