DZS, Inc. (NASDAQ:NASDAQ:DZSI) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Ted Moreau - VP, IR Charles Vogt - President, CEO & Director Misty.
DZS CEO Charlie Vogt talks about the influx of federal broadband funding and how his company is cutting costs for service providers by giving them more visibility into their customer networks.
The network equipment vendor managed to grow revenues by 14% in its fiscal second quarter, but strong demand was overshadowed by worsening supply chain constraints that caused its backlog to balloon to more than $4 billion.
After closing a deal that covers Assia s CloudCheck and Expresse products, DZS says revenue tied to software and services is on pace to reach $50 million annually and climb to $100 million by 2025.