Casa Systems Inc expected to post a loss of 12 cents a share - Earnings Preview

Casa Systems

29/03/2024 11:08

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
fall
in quarterly revenue when it reports  results on April 1
(estimated) for the period ending December 31 2023
    * The Andover Massachusetts-based  company is expected to
report a
41.2% decrease in revenue to $49.6 million from $84.4 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Casa Systems Inc is for
a loss
of 12 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 $1.25​, above​ its last closing price of $0.27. ​​​

This summary was machine generated March 29 at 11:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)