DZS Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 107.39 million compared to USD 88.41 million a year ago. Net loss was USD 13.8 million compared to USD 5.9 million a year ago. Basic loss per share from continuing operations was USD 0.49 compared to USD 0.22 a year ago. Diluted loss per share from continuing operations was USD 0.49 compared to USD 0.22 a year ago.
For the nine months, sales was USD 275.51 million compared to USD 252.14 million a year ago. Net loss was USD 22.87 million compared to USD 32.4 million a year ago. Basic loss per share from continuing operations was USD 0.83 compared to USD 1.22 a year ago. Diluted loss per share from continuing operations was USD 0.83 compared to USD 1.22 a year ago.