DZS Inc. Completes Financial Restatement and Strategic Moves
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DZS Inc. has completed its financial restatement and made strategic moves, including divesting certain business units and acquiring NetComm to enhance connectivity solutions. The company aims for sustained profitable growth and future expansion through technology differentiation, particularly in AI and software-defined network automation. DZS, headquartered in Dallas, Texas, serves around 200 customers globally and is recognized for its technology solutions by major telecom providers. Current market cap is $32.97M with a year-to-date price performance of 18.06%.
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