Casa Systems Inc reports results for the quarter ended in December - Earnings Summary

Casa Systems

25/02/2022 07:16

* Casa Systems Inc  CASA.OQ  reported quarterly adjusted
earnings
of 7 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 12.8% to $105.10 million from a year ago; 
analysts
expected $103.85 million. 
    * Casa Systems Inc's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Casa Systems Inc shares had fallen by 28.7% this quarter.
    * The company reported quarterly net income of $1.53
million.
    * Wall Street's median 12-month price target for Casa
Systems Inc
is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 25 at 07:16 a.m.
 ​All figures in US dollars unless otherwise stated