Casa Systems (CASA) Reports Q3 EPS of $0.21

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Go back to Casa Systems (CASA) Reports Q3 EPS of $0.21

Casa Systems Announces Third Quarter 2018 Financial Results

November 7, 2018 4:15 PM EST

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... More