Casa Systems

Casa Systems, Inc. engages in the provision and development of digital cable video and broadband services. Its products include cable, fixed, mobile, optical, Wi-Fi networks, and Casa access devices. The company was founded by Jerry Guo in 2003 and is headquartered in Andover, MA.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q1 2024

Casa Systems reports positive Q4 earnings, sets sights on growth

Casa Systems delivered solid financial performance in Q4 2022, reinstated guidance for 2023, and emphasized growth and profitability. Despite challenges, the company is well-positioned with a strong backlog and strategic initiatives.

Casa Systems reports Q1 revenue decline but shows operational strengths

Casa Systems navigated challenges in Q1 2023 with revenue decline but showcased strengths in operational improvements and strategic wins.
The company's financial performance reflected lower revenue, cost-cutting measures, and ongoing debt reduction efforts.
Opportunities lie in revenue growth potential from key partnerships, operational enhancements, and a back-end weighted revenue outlook for the year.
Addressing challenges, leveraging strengths, and capitalizing on opportunities will be crucial for Casa Systems' future financial success.

Casa Systems reports Q2 revenue decline but optimistic about growth

Casa Systems navigated challenges with a revenue decline but showed resilience with sequential growth and major customer deals. The company's focus on debt refinancing and growth drivers like cable and 5G present opportunities for future success. Overall, Casa Systems remains optimistic about its trajectory and outlook.

Casa Systems reports revenue growth but adjusts guidance due to delays

Casa Systems reported revenue growth in Q3 but faced challenges in the cable business. The company is optimistic about the growth potential in cloud software and access device segments. Adjusted revenue guidance reflects a focus on cost alignment and profitability.

Casa Ole offers casa samplers, fajita flameado, shrimp, crawfish, and spinach dip. They provide grilled fajita salad, vegetable crisp, nachos grandes, and fish tacos. They also offer beef fajitas, shrimp fajitas, mixed fajitas, and more.

Casa Systems, Inc. (NASDAQ:CASA ) Q1 2023 Results Conference Call May 9, 2023 6:00 PM ET Company Participants Dennis Daly - Investor Relations Ed Durkin - Chief Financial Officer and Interim Chief Executive Officer Conference Call Participants Simon Leopold - Raymond James Tim Savageaux - Northland Capital Markets Operator Hello, and welcome to the Casa Systems First Quarter 2023 Earnings Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.

Casa Systems, Inc. (CASA) Q1 2023 Earnings Call Transcript

Gilbert brings past experience as leader of the Global Cloud and Telco Ecosystem, Service Provider & Edge business unit at VMware to expand Casa Systems' global partner ecosystem for distribution leverage and topline growth Gilbert brings past experience as leader of the Global Cloud and Telco Ecosystem, Service Provider & Edge business unit at VMware to expand Casa Systems' global partner ecosystem for distribution leverage and topline growth

Casa Systems Names Rod Gilbert as New VP of Global Business Development

Casa Systems (CASA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.35 per share a year ago.

Casa Systems (CASA) Reports Q1 Loss, Lags Revenue Estimates

Also Announces Execution of Strategic Term Loan B Transaction Support Agreement to Extend Debt Maturity Reiterates Full Year 2023 Guidance

Casa Systems Reports First Quarter 2023 Financial Results

ANDOVER, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ: CASA) (“Casa” or “the Company”), a leading provider of cloud-native software and physical broadband technology solutions for access, cable, and cloud, today announced it entered into a Transaction Support Agreement (the “TSA”) with an ad hoc committee of lenders (the “Consenting Lenders”) representing approximately 60% of the approximately $223 million in aggregate principal amount of the Company's Term Loan B Senior Secured debt now outstanding (the “2023 TLB Debt”).

Casa Systems Announces Execution of Transaction Support Agreement to Extend Term Loan B (“TLB”) Debt Maturity to December 2027, with Additional Debt Paydown and Further Favorable De-Levering

ANDOVER, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its first quarter 2023 results on Tuesday, May 9, 2023 after the close of the U.S. financial markets.

Casa Systems to Release First Quarter 2023 Results on May 9, 2023

Leading South Korean operator working with Casa Systems and its partner E-Tech System to deploy the Home eNode B Gateway (HeNB GW) and Security Gateway (SeGW) Leading South Korean operator working with Casa Systems and its partner E-Tech System to deploy the Home eNode B Gateway (HeNB GW) and Security Gateway (SeGW)

LG U+ Modernizes Network to Offer New Enterprise Services with Cloud-Native Solutions from Casa Systems

Groundbreaking software design sets new benchmarks for performance and flexibility Groundbreaking software design sets new benchmarks for performance and flexibility

Casa Systems Extends Market Leadership with Next Gen Distributed Access Architecture Deployments

MILPITAS, Calif.--(BUSINESS WIRE)-- #5G--Casa Systems' industry-leading Cloud-Native Core achieves full certification on SS8's Lawful Intercept and Mediation Platform

SS8 Announces Xcipio Interoperability with Casa Systems

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Innovative portfolio paves a path to 10G highlighting the power and versatility of the Company's cloud-native broadband technologies Innovative portfolio paves a path to 10G highlighting the power and versatility of the Company's cloud-native broadband technologies

Casa Systems to Showcase Cable Next-Gen Products and Solutions at ANGA COM 2023

Casa reported Q4 earnings last week that were slightly above expectations and showed a small profit. Despite that, the stock price has tanked 63% on low volume since then. Casa needs to refinance its debt by the end of the year. It also forecasted 2023 revenue below analyst expectations. Both of these issues are weighing on the stock.

Casa Systems: The Sell-Off Is Overdone

Casa Systems (CASA) delivered earnings and revenue surprises of 155.56% and 1.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Casa Systems (CASA) Q4 Earnings and Revenues Beat Estimates

Casa Systems, Inc. (NASDAQ:CASA ) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ET Company Representatives Jerry Guo - Chief Executive Officer Ed Durkin - Chief Financial Officer Dennis Dailey - Director of Investor Relations Conference Call Participants Simon Leopold - Raymond James Tim Savageaux - Northland Capital Markets Operator Hello! And welcome to Casa Systems Q4 2022 Earnings Conference Call and Webcast.

Casa Systems, Inc. (CASA) Q4 2022 Earnings Call Transcript

Jerry Guo to Retire as President and CEO, Remains on Casa Board of Directors Bruce Evans Appointed New Chairman of Expanded Board of Directors Scott Bruckner Joins the Board of Directors

Casa Systems Announces CEO Transition and Reports Fourth Quarter and Full Year 2022 Financial Results

ANDOVER, Mass., March 07, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its fourth quarter and full year 2022 results on Tuesday, March 14, 2023 after the close of the U.S. financial markets.

Casa Systems to Release Fourth Quarter and Full Year 2022 Results on March 14, 2023

Demonstrates blazing vBNG/AGF throughput and performance with 4th Gen Intel Xeon Scalable processors

Casa Systems Achieves Breakthrough 1TBps on its Cloud-Native Virtual Broadband Network Gateway

Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Casa Systems (CASA) Q4 Earnings Expected to Decline

ANDOVER, Mass., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) today pre-announced that the Company expects to report revenues in the range of $83 to $84 million (unaudited) for the three-month period ended December 31, 2022. These increased fourth quarter revenue results as compared to revenue results for earlier quarters in 2022 were driven by growing demand for the Company's Cable product offerings and increased shipments of its Fixed Wireless and Fiber Extension Access Device products from backlog, as supply chain conditions continued to improve during the quarter.

Casa Systems Provides Business Update and Preliminary Fourth Quarter Revenue Results

ANDOVER, Mass., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native software and physical broadband technology solutions for wireless, cable and fixed networks, announced today that Lucy Xie, a co-founder and current Senior Vice President of Operations, will retire from her operational role effective December 31, 2022, to attend to family parental issues.

Casa Systems Co-Founder and Senior Vice President of Operations Lucy Xie announces retirement

Casa Systems, Inc. (NASDAQ:CASA ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Dennis Dailey – Director of Corporate Development and Investor Relations Jerry Guo – Chief Executive Officer Ed Durkin – Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to Casa Systems Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Casa Systems, Inc. (CASA) Q3 2022 Earnings Call Transcript

Casa Systems (CASA) delivered earnings and revenue surprises of -383.33% and 17.46%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Casa Systems (CASA) Reports Q3 Loss, Lags Revenue Estimates

Continued Progress in Cloud-Native 5G Market Access with Google Cloud Partnership

Casa Systems Reports Third Quarter 2022 Financial Results

ANDOVER, Mass., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its third quarter 2022 results on Thursday, November 3, 2022 after the close of the U.S. financial markets.

Casa Systems to Release Third Quarter 2022 Results on November 3, 2022

The strategic partnership will empower Casa Systems and Google Cloud to collaborate across innovative technology programs and joint sales, marketing, and support initiatives globally The strategic partnership will empower Casa Systems and Google Cloud to collaborate across innovative technology programs and joint sales, marketing, and support initiatives globally

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