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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 29, 2025
DZS INC.
(Exact Name of Registrant as Specified in its Charter)
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Delaware |
000-32743 |
22-3509099 |
(State or Other Jurisdiction of Incorporation) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
5700 Tennyson Parkway, Suite 400
Plano, TX 75024
(Address of Principal Executive Offices, Including Zip Code)
(469) 327-1531
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common stock, $0.001 par value |
DZSI |
OTC Markets Group, Inc |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
DZS Inc. (the “Company”) from time to time presents and/or distributes to the investment community at various conferences or meetings slide presentations to provide business updates. A copy of the Company’s current investor slide presentation is attached to this Current Report on Form 8-K as Exhibit 99.1.
The information in Item 7.01 of this Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: January 29, 2025 |
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DZS Inc. |
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By: |
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/s/ Justin Ferguson |
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Justin Ferguson |
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Chief Legal Officer |
Enabling Broadband Everywhere Investor Presentation 01.29.25
© 2025 DZS – Proprietary and Confidential During the course of this presentation, we will provide projections and other forward-looking statements regarding future events or the future financial performance of DZS Inc., including expectations concerning our business strategy. Such statements are only current expectations and actual events or results may differ materially. We refer you to the DZS filings with the SEC, particularly our most recent Reports on Form 10-K, Form 10-Q, and Form 8-K. These documents identify important risk factors that could cause actual results to differ materially from our projections other forward-looking statements. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration, qualification, or exemption under the securities laws of any such jurisdiction. This presentation may contain market data and industry statistics and forecasts that are based on independent industry publications and other publicly available information. Although we believe these sources are reliable, we do not guarantee the accuracy or completeness of this information and we have not independently verified this information. In addition, the market and industry data and forecasts that may be included in this presentation may involve estimates, assumptions and other risks and uncertainties and are subject to change based on various factors. Accordingly, investors should not place undue reliance on this information. Forward Looking Statements
Leadership Team Scott St. John Chief Customer Officer Philip Bednarz Chief Product Officer Brian Chesnut Chief Financial Officer Charlie Vogt CEO and President Laura Larsen-Misunas Chief People Officer Raghu Marthi Chief Operations Officer Justin Ferguson Chief Legal Officer Guiding and Executing Vision and Strategy
Gigabit+ Broadband Everywhere Mission Differentiating at the Network Edge CUSTOMER-FIRST FUTURE-READY OPEN Vision Enabling Broadband Everywhere
Company Profile Headquarters: Dallas, Texas Customers: ~200 Markets: Americas | EMEA | ANZ Founded: 1999 Technology: Broadband Access and Software Automation Solutions Selected by 14 of the Top 25 Telecom Service Providers (Americas | EMEA | ANZ)
Enabling Broadband Everywhere Self-Install Fiber Extension 5G Slicing & Network Assurance Mobile xHaul 400G Management Optical Orchestration & Automation PON Self-Install Fixed Wireless Network / Service Assurance Passive Optical LAN Home Broadband Wi-Fi AI-Driven
Creating New Experiences and Productivity
Broadband Access Upgrade Cycle Next Gen xPON OLT Port Forecast Next Gen xPON Revenue Forecast Port Volume (000s) OLT Volume by type Source: Omdia © 2023 Omdia PON Revenue by region/country Source: Omdia Revenue ($m) 9B 10B 11B 12B
Broadband PON Technology Evolution (10+ Years) 2025 2027 2032 2035 Source: DZS 10G PON 25G PON 50G PON 100G PON 10G PON 25G PON 100G PON 10G PON 50G PON 100G PON 200G PON 10G PON 50G PON 200G PON Source: Omdia
Technology and Solutions PON DPU Muxponder 25G / 100G / 400G DWDM DWDM ROADM FWA Optical Transport Fiber Broadband Fiber Extension Fixed Wireless OLT Software Defined Network and Cloud Management ONT
Optical | Access Portfolio Spotlight Optical Transport for the Network Edge Software Defined Fiber Access Fixed Wireless, Fiber Termination and WiFi
Delivering End-to-End Broadband Solutions PON DPU ROADM/Muxponder Middle Mile FWA Optical Transport Fiber Broadband Fiber Extension Fixed Wireless Regional Internet Point of Presence General Internet Network Middle Mile Last Mile First Mile
Broadest Access Portfolio in the Industry Fixed Form Factor 2-Slot Chassis 6-Slot Chassis 14/16-Slot Chassis Max # OLT ports (or combo ports) 16 32 96 256 Rack Units 1 2 6 14 Max Uplink (NNI) Capacity 200Gps 400Gps 900Gbps + 1.2Tbps 900Gbps + 3.2Tbps Typical Deployment Rural Market Small Market Mid-Sized Market Large-Sized Market XGS-PON COMBO 50G PON GPON Universal Intelligent Line Cards
Broadband PON Access Roadmap Broadcom Switch BCM88470 (Qumran AX) Broadcom PON MAC BCM68658 (ASPEN) Broadcom PON MAC BCM68658 (ASPEN) GPON | XGS-PON deployments remain robust 50G PON technology - POV 2H 2025 Trials 2H 2025 | 1H 2026 Silicon availability at Scale – 1H 2026 Operational Benefits Increase Broadband Speeds/Density Reduces Power Reduces TCO Adds AI Intelligence | Security Broadband Access Roadmap
AI Applications and Use Cases Network Planning and Optimization Network and Subscriber Security All-in-One Customer Support View with Actionable Insights Predictive Maintenance Marketing & Sales Insights and Campaigns Documentation Searches and API Scripts AI in the Cloud (real-time applications)
Compact | Modular | Low Power | Low Latency Open & Time Sensitive Networking integrated Automated operation and provisioning Network Edge single pane of glass Optical transport for Broadband Access Aggregation and Middle Mile Transport 25G/100G/400G DWDM Optical Transport Muxponder Open Multi-Degree ROADM Networking (Optical Edge)
Networking (Access Edge) Chassis architecture 50G PON seamless upgrade Future-ready backplane Integrated AI at the edge 100% BBF compliance Open SDN controller interop Virtualization / Security BEAD BABA-ready (USA) Software-defined, Multi-Gigabit Access 1G/10G Point-to-Point XGS-PON WiFi ONT OLT Access Edge GPON
WiFi experience management enabled Device and application aware Zero-touch Mesh with companion apps Open and standards-based WiFi 6/6E/7 Fiber Termination and WiFi Distribution Connectivity (Residential) Connected Home
Connectivity (Fiber Extension) Maximize Return on Fiber Investment Deliver gigabit over existing infrastructure Prevent/Recover disqualified premises Convert homes-passed to homes-connected Any PON, Anywhere Multi-vendor OLT interoperability XGS-PON or GPON fed IP68 outdoor rated Reverse-powered freedom to install anywhere Leverage existing PON EMS
4G/5G cellular Fixed Wireless Access Solutions for Urban and Rural Self-install and technician-install options Cellular Frequencies including mmWave Rapid Deployment, Anywhere Designed for Urban and Rural markets Extra-wide Temperature Range 4G/5G CBRS Deployments Self Install | Ease-of-Deployment Broadband Everywhere Connectivity (Fixed Wireless Access) 30km+ 16km+ 8km+ 5km+ Self / DYI install
Cloud Software Management & Control Software Defined Network Control Cloud Access | Transport Management Netconf-Yang Compliant EMS /NMS Open – Standard – Multi-vendor New Service On-boarding Cloud Software Management Subscriber Devices Core Network Cloud Software
Cloud Orchestration | Software Automation Manage device configurations across access domain and vendors Service design UI and intent-driven flow-through activation Single-Pane of Glass for service health and performance Single, stable, standards-compliant APIs regardless of service or supplier OLT ONT RG Edge
Business and Financial Results
Strategic Decisions Enabling Favorable Outcomes Financial Restatement Complete Divested Asia Business Unit Acquired NetComm Connectivity Innovator Divested Assurance | WiFi Software Portfolio Total Debt Reduced to $12M Divested Enterprise IIoT Portfolio As of December 31, 2024
Broadband Access Solutions Network Edge Connectivity Cloud Edge Four Year Business Timeline 2022: Orders | Revenue Acceleration 2023: Supply Chain Management 2024: 4 Strategic Outcomes | Growth 2025: Business Optimization | Growth 2025 Company Profile Markets: Americas | EMEA | ANZ Technology: Access | Cloud Software Customers: ~200 Active History: 25 Years of Innovation
Restatement Complete Balance Sheet Stabilizing DSO Improving OpEx Optimized Valuable Inventory Focused on sustained Profitable Growth Enhanced Internal Controls & Governance Market Technology Finance Sales Operations State of the Market and Business Broadband Access Product Roadmap Acceleration Optical, Access and Cloud SDN Technology Differentiation NetComm acquisition adding complementary Connectivity Solutions NetComm acquisition enabling growth and customer | technology synergies NPI Availability Optical (Saber), OLT (V6), WiFi 7, Cloud Software (Xtreme) Industry Emerging from Inventory Correction AI emerging as Game Changer Adoption of SDN / Automation Inflation Stabilizing $100B Broadband Government funding expected to begin 2H25 US Broadband (BEAD) Program compliance Supply Chain Lead-times and Logistics stabilizing NetComm IT Systems integration 2H25 Cyber-Security, enhancements
Growth Pillars Focus Markets Technology Enablers Channels United States Canada CALA Europe Middle East Australia and NZ North America and EMEA Expansion Security Risk Cloud Software Edge Intelligence DPU FWA FTTX Upgrade Cycle Access Optical WiFi Telecom Providers Mobile Providers Fiber Overbuilders Utility Providers Network Wholesalers Enterprise Venues FiberLAN
Let's stay connected company/dzsi @dzs_innovation @DZS_Innovation dzsi.com
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DZS (PK) (USOTC:DZSI)
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