Casa Systems: Soars on upbeat Q4 results, FY21 rev outlook
18/02/2021 23:02
** Shares of software-infrastructure provider CASA.O up as
much as 23.5% to $10.82 in extended trading
** Co posts Q4 adjusted earnings of 27 cents/share, beating
analysts' estimates of 11 cents/share- Refinitiv IBES data
** Also posts Q4 revenue of $120.5 mln vs estimates of
$107.5 mln- Refinitiv IBES DATA
** CASA sees FY 2021 revenue between $425 mln and $445 mln;
analysts had estimated revenue of $421.0 mln
** Up to last close, stock up ~38% YTD
(Reporting by Rithika Krishna in Bengaluru)
((Rithika.Krishna@thomsonreuters.com;))
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