Casa Systems (CASA) Provides Business Update and Preliminary Fourth Quarter Revenue Results

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Casa Systems Provides Business Update and Preliminary Fourth Quarter Revenue Results

January 31, 2023 8:00 AM EST

Expects to report revenue results for Q4 2022 in the $83- $84M range (unaudited), up approximately 25% over Q3 2022Results driven by growth in Cable and Access Device revenues

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 Companys Cable product... More