Event-Driven Stocks

DZS INC.

DZSI

Technology · Telephone & Telegraph Apparatus · DE · SEC filings ↗ · Compare ⊕

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Signs1 good5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$244.5M$357.5M$350.2M$300.6M$306.9M$282.3M
Operating income−$129.0M−$37.0M−$32.3M−$12.5M−$7.0M$7.2M
Net income−$135.2M−$41.3M−$34.7M−$23.1M−$13.5M$2.8M
Total assets$249.4M$373.2M$257.7M$252.2M$246.1M$190.0M
Total liabilities$226.8M$234.6M$125.8M$158.7M$139.6M$112.2M
Equity$22.6M$138.6M$131.9M$93.6M$106.5M$77.2M
EPS (diluted)$-4.29$-1.47$-1.30$-1.07$-0.69$0.17
Shares out.31.0M27.6M26.8M21.5M16.6M16.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−52.7%
Net margin
−55.3%
Return on equity
−599.4%
Return on assets
−54.2%
Return on capital (ROCE)
−154.3%
Liabilities / assets
91.0%
Debt / equity
10.05×
Book value / share
$0.73
Revenue growth (YoY)
−31.6%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-6.02distress
Accruals / assets
35.8%clean
Piotroski F-Score
2/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
30
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe5 warning1 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 14, 2025154,9481.0+0.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (4)