Jan 08, 2024 / 01:30PM GMT
Operator
Hello, and welcome to the DZS business update to discuss the Asia divestiture and $30 million of net funding. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions)
I will now turn the conference over to Ted Moreau, Head of Investor Relations. Please go ahead.
Ted Moreau DZS Inc.-Head of IR
Thank you, Sarah, and welcome to the DZS conference call to discuss the proposed divestiture of DZS's Asia business and the infusion of $30 million of incremental working capital into the company. Joining me today to discuss the transaction are DZS President and CEO, Charlie Vogt; and CFO, Misty Kawecki.
During our discussion today, we will briefly comment on the financial restatement before transitioning to the divestiture. As a reminder, statements made today may be forward-looking in nature based on our current expectations regarding future events and the future financial performance of the company.
These statements are subject
DZS Inc Business Update Asia Divestiture And Financing Call Transcript
Jan 08, 2024
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