Financial insights of DZSI

MyFinsight

For the quarter ending 2024-09-30, DZSI made $38,149K in revenue. -$26,231K in net income. Net profit margin of -68.76%.

Income Statement	2024-09-30	2024-06-30	2024-03-31	2023-09-30
Net revenue	38,149	31,066	27,667	49,448
Cost of revenue	26,924	20,627	15,054	47,517
Gross profit (loss)	11,225	10,439	12,613	1,931
Amortization of intangible assets	1,919	1,190	1,190	1,321
Restructuring and other charges	266	-44	288	135
Selling, marketing, general and administrative	20,386	19,035	14,993	22,096
Research and product development	10,656	7,424	7,034	12,767
Total operating expenses	33,227	27,605	23,505	36,319
Loss on extinguishment of debt	-	-	-	-375
Operating loss	-22,002	-17,166	-10,892	-34,388
Other income (expense), net	82	-230	-324	813
Bargain purchase gain	-	41,544	-	-
Interest expense, net	-2,175	-1,405	-1,213	-1,010
Loss from continuing operations before income taxes	-24,095	22,743	-12,429	-34,960
Income tax provision (benefit)	1,551	-330	1,106	-947
Net loss from continuing operations	-25,646	23,073	-13,535	-
Loss on sale of discontinued operations	-	-2,422	-5,171	-
Income (loss) from discontinued operations, net of income tax	-	1,471	-	-
Net loss from discontinued operations	-	-951	-	-
Net loss	-25,646	22,122	-18,706	-34,013
Actuarial loss	-37	-34	-38	-56
Reclassification of foreign currency translation adjustments to net income as a result of discontinued operations	-	-12,023	-	-
Foreign currency translation adjustments	-548	-475	-1,320	-823
Comprehensive loss	-26,231	33,636	-20,064	-34,892

Basic EPS	-0.67	0.61	-0.36	-1.07
Diluted EPS	-0.67	0.61	-0.36	-1.07
Basic Average Shares	38,081,000	37,659,000	37,399,000	31,892,000
Diluted Average Shares	38,081,000	38,035,000	37,399,000	31,892,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.