Casa Systems (CASA) Misses Q2 EPS by 3c

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Casa Systems Reports Second Quarter 2022 Financial Results

August 4, 2022 4:05 PM EDT

Verizon Multi-Year Agreement Progressing on Schedule

5G Cloud-Native Solutions Gain Additional Traction with Tier 1 CSPs

Strong Bookings and Billings During Quarter

Revenue up 10% Sequentially Over Q1

Backlog and Deferred Revenue Continues to Grow

ANDOVER, Mass., Aug. 04, 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, today announced its financial results for its second quarter ended June 30, 2022.

Second Quarter... More