DZS Inc (STU:TLFP)

€ 0.52 0 (0%) Market Cap: 13.79 Mil Enterprise Value: 38.39 Mil PE Ratio: 0 PB Ratio: 0.76 GF Score: 48/100

DZS Inc Business Update Asia Divestiture And Financing Call Transcript

Jan 08, 2024 / 01:30PM GMT

Release Date Price: €1.25 (-16.11%)

Transcript

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

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