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DZSI - DZS Non-GAAP EPS of $0.01 beats by $0.04 revenue of $77M misses by $7.03M
DZS Inc.
DZS press release (NASDAQ:DZSI): Q1 Non-GAAP EPS of $0.01 beats by $0.04. Revenue of $77M (-4.9% Y/Y) misses by $7.03M. The company is reiterating full-year revenue guidance in a range of $380–410 million; Adjusted Gross margin of 34%–36% and Adjusted EBITDA of $17–$31M For Q2, revenue to be between $85–$100M vs consensus of $92.47M; gross margin 33%–35%; and adjusted EBITDA of ($1) –$5M.