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

Casa Systems

30/04/2021 04:50

* Casa Systems Inc  CASA.OQ  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of one cent per share.
* Revenue rose 24.7% to $104.28 million from a year ago​; 
analysts expected $92.35 million.
* Casa Systems Inc's reported EPS for the quarter was 6 cents​.
* The mean earnings estimate of analysts had fallen by
about 24.2% 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 2.0% this quarter and
gained 51.4% so far this year.
* The company reported quarterly net income of $5.75 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," 4
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated April 30 at 03:50 a.m. GMT.
​All figures in US Dollars.​