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$DZSI New SEC Filing: 8-K Earnings - DZS INC. (0001101680) August 03


Item 2.02 Results of Operations and Financial Condition. On August 3, 2021, DZS Inc. (the "Company") hosted a conference call and webcast to discuss the Company's second quarter 2021 financial results. During the question-and-answer session of the conference call, the Company was asked to quantify the supply chain impact on its revenue and gross margin for the second quarter and what is included in the third quarter outlook. In response, the Company stated that the Company attributed supply chain impact to be about 500 basis points in the quarter. This response was incorrect. The correct response is that the Company attributes supply chain impact on gross margin to be about 50 basis points i (...)

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