United States

Zhone Technologies Inc (ZHNE.OQ)

ZHNE.OQ on NASDAQ Stock Exchange Capital Market

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Thu, Jul 21 2016

BRIEF-Zhone Technologies Q2 GAAP loss per share $0.05

* Q2 revenue $22.6 million versus $27.5 million Source text for Eikon: Further company coverage:

BRIEF-Zhone Technologies reports Q1 GAAP loss per share $0.10

* Zhone Technologies reports first quarter 2016 financial results

BRIEF-Zhone Technologies says will acquire Dasan Network Solutions

* Zhone Technologies and Dasan Network Solutions have signed a definitive agreement to merge two companies

BRIEF-Zhone Tech enters into an amendment to extend maturity date of existing credit facility with Wells Fargo Capital Finance

* Zhone may borrow up to $25.0 million, with amount zhone is able to borrow based on eligible accounts receivable and inventory

BRIEF-Zhone technologies files for non-timely 10-k - sec filing

* Intends to file annual report as soon as practicable following execution of amendment to wells fargo credit facility

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