Casa Systems Inc expected to post a loss of 10 cents a share - Earnings Preview

Casa Systems

06/05/2023 01:53

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Andover Massachusetts-based  company is expected to
report 
a 3.6% increase in revenue to $66.7 million from $64.4 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Casa Systems Inc is
for a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Casa
Systems Inc
is $4.5​, above​ its last closing price of $1.18. ​​​

This summary was machine generated May 6 at 00:53 GMT.  All
figures in US dollars  unless otherwise stated