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Casa Systems, Inc. (CASA)

NASDAQ: CASA · IEX Real-Time Price · USD
5.16 0.01 (0.19%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap443.79M
Revenue (ttm)416.75M
Net Income (ttm)24.87M
Shares Out86.01M
EPS (ttm)0.28
PE Ratio18.30
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume285,637
Open5.17
Previous Close5.15
Day's Range5.10 - 5.31
52-Week Range4.59 - 13.15
Beta1.03
AnalystsHold
Price Target6.20 (+20.2%)
Earnings DateNov 2, 2021

About CASA

Casa Systems, Inc., a communications technology company, provides solutions for next-generation centralized, distributed, and virtualized architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, and security and wireless gateways, as well as small cell solutions and fixed wireless access devices; and optical a...

IndustryCommunications Equipment
IPO DateDec 15, 2017
CEOJerry Guo
Employees993
Stock ExchangeNASDAQ
Ticker SymbolCASA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Casa Systems stock is "Hold." The 12-month stock price forecast is 6.20, which is an increase of 20.16% from the latest price.

Price Target
$6.20
(20.16% upside)
Analyst Consensus: Hold

News

New Strong Sell Stocks for December 1st

ALX, CASA, KELYA, WWW, and ORC have been added to the Zacks Rank #5 (Strong Sell) List on December 1, 2021.

Other symbols:ALXKELYAORCWWW
1 week ago - Zacks Investment Research

Casa Systems to Announce Multi-Year Transformation Toward Software and Cloud at Investor Day

ANDOVER, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native and physical infrastructure technology solutions for wireless, cable and fixed bro...

2 weeks ago - GlobeNewsWire

Casa Systems Accelerates Path to 10G with new Flexible MAC Architecture Solution

First ready-to-deploy, standards-based, and interoperable Flexible MAC Architecture solution begins customer trials First ready-to-deploy, standards-based, and interoperable Flexible MAC Architecture so...

2 weeks ago - GlobeNewsWire

Casa Systems to Host Virtual Investor Day November 19, 2021

ANDOVER, Mass., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broa...

4 weeks ago - GlobeNewsWire

Discard These 4 Toxic Stocks to Prevent Painful Losses

Owning toxic stocks for a long period of time can be detrimental to investors and may result in huge erosion of wealth. It's time to cut ties with toxic stocks like CASA, SRI, SHAK and ASAI.

Other symbols:SHAKSRI
1 month ago - Zacks Investment Research

New Strong Sell Stocks for November 8th

PRTS, CASA, LAWS, PLTK, and ZG have been added to the Zacks Rank #5 (Strong Sell) List on November 8, 2021

Other symbols:LAWSPLTKPRTSZG
1 month ago - Zacks Investment Research

Casa Systems (CASA) Reports Q3 Loss, Misses Revenue Estimates

Casa Systems (CASA) delivered earnings and revenue surprises of -183.33% and -6.79%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Casa Systems Reports Third Quarter 2021 Financial Results

Wireless Growth of 51% year-over-year

1 month ago - GlobeNewsWire

Analysts Estimate Casa Systems (CASA) to Report a Decline in Earnings: What to Look Out for

Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Casa Systems to Release Third Quarter 2021 Results on November 2, 2021

ANDOVER, Mass., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broa...

1 month ago - GlobeNewsWire

Mediacom Communications taps Casa Systems' fixed wireless and packet core solutions to expand availability of high-sp...

Innovative wireless + cable solution extends the reach of network infrastructure delivering reliable, high-speed broadband services to previously hard-to-reach homes and businesses Innovative wireless +...

2 months ago - GlobeNewsWire

Casa Systems to Power Bell Canada's 5G Fixed Wireless Access

New 5G Outdoor CPE for Bell's rural Wireless Home Internet service New 5G Outdoor CPE for Bell's rural Wireless Home Internet service

4 months ago - GlobeNewsWire

Casa Systems (CASA) Q2 Earnings Lag Estimates

Casa Systems (CASA) delivered earnings and revenue surprises of -66.67% and 2.43%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Casa Systems Reports Second Quarter 2021 Financial Results

Double-digit Revenue Growth Driven by Strong Wireless Demand

4 months ago - GlobeNewsWire

Casa Systems (CASA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Casa Systems to Release Second Quarter 2021 Results on Thursday, July 29, 2021

ANDOVER, Mass., July 15, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broa...

4 months ago - GlobeNewsWire

Casa Systems (CASA) Upgraded to Buy: What Does It Mean for the Stock?

Casa Systems (CASA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

5 months ago - Zacks Investment Research

Casa Systems Extends Strategic Collaboration with Red Hat to Drive 5G Adoption

Casa Systems' 5G core built on Red Hat OpenShift disrupts legacy network architectures opening up new service opportunities for service providers and enterprises

5 months ago - GlobeNewsWire

Casa Systems Extends 5G Standalone Core Availability to Google Cloud's Anthos

ANDOVER, Mass., June 09, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today an...

5 months ago - GlobeNewsWire

Casa Systems (CASA) Q1 Earnings and Revenues Surpass Estimates

Casa Systems (CASA) delivered earnings and revenue surprises of 450.00% and 11.25%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Casa Systems Reports First Quarter 2021 Financial Results

Double-digit Revenue Growth, year-over-year

7 months ago - GlobeNewsWire

Casa Systems (CASA) Earnings Expected to Grow: Should You Buy?

Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Casa Systems to Release First Quarter 2021 Results on Thursday, April 29, 2021

ANDOVER, Mass., April 15, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed netwo...

7 months ago - GlobeNewsWire

Wall Street's top analysts see these stocks as compelling plays

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like EverQuote and Zoominfo Technologies

Other symbols:ANDEBEVERZI
8 months ago - CNBC

Strength Seen in Casa Systems (CASA): Can Its 12.3% Jump Turn into More Strength?

Casa Systems (CASA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

8 months ago - Zacks Investment Research