DZS Reports Delay In The Filing Of 10-Q For Q2
Portfolio Pulse from Benzinga Newsdesk
DZS Inc. has reported a delay in the filing of its Q2 10-Q due to an ongoing review by the Audit Committee. This review is connected to the restatement of previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2023.
August 09, 2023 | 12:07 pm
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NEGATIVE IMPACT
The delay in filing of Q2 10-Q by DZS Inc. may cause uncertainty among investors, potentially impacting the company's stock price in the short term.
The delay in filing financial statements often leads to uncertainty among investors, as it may indicate potential issues with the company's financial health. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100