Casa Systems (CASA) Tops Q2 EPS by 1c, Revenue Misses, Guidance Falls Short of Views

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Go back to Casa Systems (CASA) Tops Q2 EPS by 1c, Revenue Misses, Guidance Falls Short of Views

Casa Systems Announces Second Quarter 2018 Financial Results

August 14, 2018 4:16 PM EDT

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... More