DZS Q2 EPS $(0.03) Up From $(0.07) YoY, Sales $31.07M Up From $30.62M YoY
Portfolio Pulse from Benzinga Newsdesk
DZS (NASDAQ:DZSI) reported a significant improvement in its Q2 earnings, with a loss of $(0.03) per share compared to $(0.07) per share last year. Sales also increased slightly to $31.07 million from $30.62 million.
September 03, 2024 | 12:42 pm
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DZS reported a narrowed loss of $(0.03) per share in Q2, a 57.14% improvement from last year, and a slight increase in sales to $31.07 million.
The improvement in EPS and slight increase in sales indicate a positive trend for DZS, suggesting potential investor confidence and a likely short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100