Casa Systems (CASA) Raises FY Revenue Guidance, Announces CFO Transition

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Casa Systems Increases GAAP Revenue Guidance for Fiscal Year 2019 and Announces CFO Transition

January 24, 2020 7:00 AM EST

ANDOVER, Mass., Jan. 24, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of converged broadband infrastructure technology solutions for mobile, cable, and fixed networks, today announced that Maurizio Nicolelli, Chief Financial Officer, has notified the company of his intention to resign to pursue a CFO opportunity outside of the communications technology industry.  Mr. Nicolelli has agreed to assist in the orderly transition of his CFO responsibilities and will remain with the company until January 31, 2020. His departure is not based on any disagreement with the companys accounting principles, practices or financial... More