Casa Systems Inc expected to post a loss of 11 cents a share - Earnings Preview

Casa Systems

31/07/2023 13:43

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 2
(estimated). 
    * The Andover Massachusetts-based  company is expected to
report 
a 8.2% decrease in revenue to $65 million from $70.84 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Casa Systems Inc is
for a
loss of 11 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $3​, above​ its last closing price of $1.09. ​​​

This summary was machine generated July 31 at 12:43 GMT.  All
figures in US dollars  unless otherwise stated