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Stock impact report

Casa Systems Announces Second Quarter 2018 Financial Results

Casa Systems, Inc. (CASA) 
Last casa systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
Revenue of $68.7 million for second quarter of 2018GAAP net income of $21.4 million, or $0.23 GAAP diluted net income per share, for the second quarter of 2018Non-GAAP net income of $22.2 million, or $0.24 non-GAAP diluted net income per share, for the second quarter of 2018214% revenue increase in software-based capacity expansionAnnounces $75 million stock repurchase program ANDOVER, Mass., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ:CASA), a leading provider of converged broadband infrastructure technology solutions for mobile, cable and fixed networks, today announced its financial results for its second quarter ended June 30, 2018. Second Quarter 2018 Financial Highlights Revenues were $68.7 million, an increase of 3.1% compared to the second quarter of 2017Gross margin of 71.9%, compared to gross margin of 68.7% in the second quarter of 2017GAAP net income of $21.4 million, an increase of 24.8% compared to the second quarter of 2017Non-GAAP net income of $2 Show less Read more
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