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DZS Inc
5700 TENNYSON PARKWAY, SUITE 400
Phone: (469) 327-1531p:469 327-1531 PLANO, TX  75024  United States Ticker: DZSIDZSI
On June 1, 2023, the Audit Committee of the Board of Directors of DZS Inc, in consultation with the company’s management, determined that the previously issued unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2023 should no longer be relied upon and should be restated due to an accounting error relating to revenue recognition with respect to certain customer projects.
Business Summary
DZS Inc. is a global provider of access, optical and Artificial Intelligence (AI)-driven cloud software solutions. The Company is focused on the Americas, Europe, Middle East, and Africa (EMEA), and Australia/New Zealand (ANZ) regions. The Company’s product categories include Velocity access edge optical line terminal (OLT) portfolio; Saber optical edge reconfigurable optical add-drop multiplexer (ROADM) dense wavelength-division multiplexing (DWDM) platform, and its advanced AI-driven orchestration, automation, slicing, network assurance and WiFi management software portfolio. Its DZS Velocity portfolio offers a variety of solutions for carriers and service providers to connect residential and business customers, either using fiber or leveraging its existing deployed copper networks to offer broadband services to customer premises. Its DZS Saber portfolio provides a robust solution for mobile operators and service providers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202312/31/2022YesYes--Yes

Industries
SIC Code Description
3661 Telephone and telegraph apparatus

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director Charles D.Vogt 59 8/1/2020 8/1/2020
Chief Financial Officer MistyKawecki 49 8/2/2021 8/2/2021
Chief Operations Officer RaghuMarthi 50 1/8/2024 1/8/2024
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
KEYMILE GmbH Wohlenbergstrasse 3 Hannover Germany
DASAN Network Solutions, Inc. 49 Daewangpangyo-ro Seongnam-si South Korea
Premisys Communications 48664 Milmont Drive Fremont CA United States
Paradyne Networks, Inc. 8545 126th Avenue North Largo FL United States
Optelian, Inc. 1700 Enterprise Way SE Marietta GA United States

Business Names
Business Name
Adaptive Spectrum and Signal Alignment, Inc.
D-Mobile Limited
DASAN India Private Limited
29 additional Business Names available in full report.

General Information
Number of Employees: 765 (As of 12/31/2022)
Outstanding Shares: 32,122,048 (As of 12/27/2023)
Shareholders: 379
Stock Exchange: NASD
Federal Tax Id: 223509099
Fax Number: (510) 777-7001


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Friday, April 19, 2024