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Dasan Zhone reports 4Q loss

OAKLAND, Calif. (AP) _ Dasan Zhone Solutins Inc. (DZSI) on Tuesday reported a fourth-quarter loss of $5.3 million, after reporting a profit in the same period a year earlier.

The Oakland, California-based company said it had a loss of 7 cents per share.

The communications network equipment company posted revenue of $59.2 million in the period.

For the year, the company reported that its loss widened to $13.8 million, or 24 cents per share. Revenue was reported as $151.9 million.

In the final minutes of trading on Tuesday, the company's shares hit $1.07. A year ago, they were trading at $1.25.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DZSI at https://www.zacks.com/ap/DZSI


Keywords: Dasan Zhone, Earnings Report