Earnings Call Summary | DASAN Zhone Solutions(DZSI.US) Q3 2024 Earnings Conference
Earnings Call Summary | DASAN Zhone Solutions(DZSI.US) Q3 2024 Earnings Conference
Operating expenses rose due to costs from the NetComm acquisition and final restatement-related costs.The following is a summary of the DZS, Inc. (DZSI) Q3 2024 Earnings Call Transcript:
以下是DZS公司(DZSI)2024年第三季度業績發佈會記錄的摘要：
Financial Performance:
財務表現：
Reported Q3 revenue of $38.1 million, a 23% increase quarter-over-quarter.
Non-GAAP adjusted gross margin improved to 36.7%, up by 6.5% from the previous quarter.
Operating expenses rose due to costs from the NetComm acquisition and final restatement-related costs.
Adjusted EBITDA was unfavorably down by $2 million compared to Q2 2024, primarily due to challenges in converting backlog shipments and realizing cost savings initiatives.
報告第三季度營業收入爲3810萬，同比增長23%。
非GAAP調整後的毛利率改善至36.7%，較上季度上升6.5%。
由於NetComm收購所產生的費用以及最終重述相關費用，營業費用有所上升。
調整後的EBITDA與2024年第二季度相比下降了200萬，主要由於在轉換積壓發貨和實現成本節約措施方面面臨挑戰。
Business Progress:
業務進展：
Completed the sale of the network assurance and in-home WiFi management portfolio, improving the balance sheet and reducing debt by $50 million.
Made progress across strategic initiatives including growth, profitability improvement, and balance sheet optimization.
Focused on executing sales synergies from the NetComm acquisition, enhancing broadband access, and connectivity portfolio.
Set to achieve breakeven on an adjusted EBITDA basis and anticipate positive cash flows in 2025.
完成網絡保障和家庭WiFi管理組合的銷售，改善了資產負債表並減少5000萬債務。
在增長、提高盈利能力和優化資產負債表等戰略舉措方面取得了進展。
專注於執行NetComm收購的銷售協同效應，提升Internet Plus-related覆蓋和連接產品組合。
預計將在經調整的EBITDA基礎上實現盈虧平衡，並預計在2025年實現正現金流。
Opportunities:
機會：
The global rollout of broadband equity access and deployment programs across various countries presents opportunities for increased funding in H2 2025.
Focus on monetizing $79 million of inventory aligned with a growing sales pipeline and scheduled backlog.
全球範圍內的Internet Plus-related公平接入和部署項目在各國開展，爲2025年下半年的資金增加提供了機會。
專注於實現7900萬美元的庫存變現，這與日益增長的銷售管道和計劃積壓相一致。
Risks:
風險：
Persistent challenges in the market such as an over rotation of inventory, higher cost of capital, and delays in government stimulus programs pose risks to timely revenue realization.
市場上持續存在的挑戰，例如庫存過量、資本成本上升以及政府刺激計劃的延遲，對及時實現營業收入構成風險。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
