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

Casa Systems

29/07/2021 23:11

* Casa Systems Inc  CASA.OQ  reported quarterly adjusted
earnings of 1 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of one cents per share.
* Revenue rose 11.3% to $92.73 million from a year ago; 
analysts expected $90.53 million. 
* Casa Systems Inc's reported EPS for the quarter was a loss
of 4 cents​.
* The mean earnings estimate of analysts had fallen by
about 35.1% 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 11.4% this quarter and
gained 27.4% so far this year.
* The company reported a quarterly loss of $3.19 million.
* Wall Street's median 12-month price target for Casa Systems
Inc is $11.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 10:11 p.m.  ​All
figures in US dollars unless otherwise stated