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Stock impact report

Casa Systems Announces Third 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 $71.5 million increased 4.1% from Q2:18Gross margin of 79.6% increased 7.7 percentage points from Q2:18Added seven new cable and fixed telco customers during Q3:18$94.1 million of net cash provided by operating activities and $87.9 million in free cash flow for the nine months ending September 30, 2018Reaffirmed Fiscal 2018 guidance of revenue in the range of $330 million to $350 million and non-GAAP diluted EPS of $0.80 to $0.88 ANDOVER, Mass., Nov. 07, 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 third quarter ended September 30,2018. Third Quarter 2018 Financial Highlights Revenue of $71.5 millionGross margin of 79.6%GAAP net income of $18.9 millionNon-GAAP net income of $20.6 millionAdjusted EBITDA of $27.2 millionGAAP net income per fully diluted share of $0.21Non-GAAP net income per fully d Show less Read more
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