Casa Systems Reports First Quarter 2023 Financial Results

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Casa Systems (CASA) Misses Q1 EPS by 17c; Offers FY23 Revenue Guidance

May 9, 2023 4:36 PM EDT

Casa Systems (NASDAQ: CASA) reported Q1 EPS of ($0.26), $0.17 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $45.3 million versus the consensus estimate of $66.7 million.

GUIDANCE:

Casa Systems sees FY2023 revenue of $300-325 million, versus the consensus... More