Casa Systems Reports First Quarter 2019 Financial Results
Casa Systems, Inc. (CASA)
Last casa systems, inc. earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.casa-systems.com/investor-relations
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Source: GlobeNewswire
ANDOVER, Mass., May 01, 2019 (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 first quarter ended March 31, 2019. First Quarter 2019 Financial Highlights Revenue of $35.5 millionGross margin of 69.0%GAAP net loss of $15.3 millionNon-GAAP net loss of $11.6 millionGAAP net loss per fully diluted share of $0.18Non-GAAP net loss per fully diluted share of $0.14Adjusted EBITDA loss of $7.7 million “The first quarter was one of our toughest quarters,” said Jerry Guo, Casa’s President and CEO. “Our results were negatively impacted by an industry-wide slowdown in MSO spending on integrated CCAP hardware, certain of our largest customers redirecting capex to other investments, and a slower transition to wireless and fixed telco revenue than we anticipated. For the remainder of the year we will be focused on the large n
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- Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Yahoo! Finance]Yahoo! Finance
- Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lumine Group Enters into an Agreement to Acquire Casa Systems’ Axyom Cloud Native 5G Core Software & RAN AssetsGlobeNewswire
CASA
Earnings
- 11/7/23 - Miss
CASA
Sec Filings
- 4/3/24 - Form 8-K
- 4/2/24 - Form 8-K
- 3/28/24 - Form 8-K
- CASA's page on the SEC website