DASAN Zhone Solutions, Inc. (NASDAQ:DZSI) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.03 per share.
For the full year, analysts predict revenues of $ 281.04 million, while looking forward to loss of $ 0.02 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 74.00 million ~ $ 79.00 million
Full Year 2020 topline are forecasted in a range of$ 305.00 million ~ $ 325.00 million
Click Here For More Historical Outlooks Of DASAN Zhone Solutions, Inc.
Previous Quarter Performance
DASAN Zhone Solutions, Inc. unfold income for the second quarter of $ 0.09 per share, from the revenue of $ 70.50 million. According to street consensus, DZSI was expected to report 2Q20 loss of $ 0.14 per share from revenue of $ 62.34 million. The bottom line results beat street analysts by $ 0.23 or 164.29 percent, at the same time, top line results outshined analysts by $ 8.16 million or 13.09 percent.
Stock Performance
Shares of DASAN Zhone Solutions, Inc. traded low $ -0.38 or -3.78 percent on Wednesday, reaching $ 9.67 with volume of 28.20 thousand shares. DASAN Zhone Solutions, Inc. has traded high as $ 9.86 and has cracked $ 9.48 on the downward trend
According to the previous trading day, closing price of $ 9.67, representing a 246.55 % increase from the 52 week low of $ 2.90 and a 14.76 % decrease over the 52 week high of $ 11.79.
The company has a market capital of $ 208.69 million and is part of the Technology sector and Communication Equipment industry.
Conference Call
DASAN Zhone Solutions, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dasanzhone.com
DASAN Zhone Solutions, Inc. provides network access solutions and communications platforms for service provider and enterprise networks worldwide. 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.
