Casa Systems, Inc. (CASA)

NASDAQ: CASA · IEX Real-Time Price · USD
0.554
+0.049 (9.76%)
Nov 29, 2023, 10:21 AM EST - Market open
9.76%
Market Cap 52.16M
Revenue (ttm) 249.79M
Net Income (ttm) -107.17M
Shares Out 99.11M
EPS (ttm) -1.09
PE Ratio n/a
Forward PE 7.07
Dividend n/a
Ex-Dividend Date n/a
Volume 14,757
Open 0.538
Previous Close 0.505
Day's Range 0.493 - 0.554
52-Week Range 0.356 - 3.970
Beta 1.25
Analysts Buy
Price Target 4.00 (+621.63%)
Earnings Date Nov 7, 2023

About CASA

Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native 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, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, cent... [Read more]

Sector Technology
IPO Date Dec 15, 2017
Employees 1,043
Stock Exchange NASDAQ
Ticker Symbol CASA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CASA stock is "Buy." The 12-month stock price forecast is $4.0, which is an increase of 621.63% from the latest price.

Price Target
$4.0
(621.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Casa Systems Appoints Former Cisco Executive Sanjay Kaul as Chief Revenue Officer; Chief Customer Officer Alfred de Cárdenas to Retire at End of Year

Telecom, IT and enterprise veteran joins Casa Systems as it accelerates its focus on software-centered telecom and brings proven track record of executing complex business transformation Telecom, IT a...

2 days ago - GlobeNewsWire

Casa Systems Sets Cable Industry Milestone with DOCSIS 4.0 Extended Spectrum Breakthrough

ANDOVER, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a market leader in cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announce...

8 days ago - GlobeNewsWire

YTL Communications' 5G Core Powered by Casa Systems' Cloud-Native NFV Solutions Wins Second Consecutive Ookla Speedtest Award for Fastest Mobile Network in Malaysia

YTL Communications' 5G mobile network powered by Casa Systems follows up 2022 win with a repeat win in 2023 Casa's LTE network and cloud-native 5G core help YTLC lead Malaysia's digital transformation...

4 weeks ago - GlobeNewsWire

Casa Systems to Release Third Quarter 2023 Results on November 7, 2023

ANDOVER, Mass., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed b...

5 weeks ago - GlobeNewsWire

Casa Systems' Axyom® Virtual Converged Cable Access Platform (vCCAP) Achieves Unprecedented Combination of Speed, Capacity, and Power Savings with Intel's 4th Generation Xeon® Scalable Processors

ANDOVER, Mass., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announced its A...

6 weeks ago - GlobeNewsWire

Casa Systems to Showcase Cloud-Native Technologies Delivering the Future of Broadband at SCTE Cable-Tec 2023

ANDOVER, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announced it wi...

6 weeks ago - GlobeNewsWire

UScellular Selects Casa Systems for Self-Install 5G Outdoor Fixed Wireless Access Devices

Wireless operator to leverage Casa Systems' new AurusLINK self-install outdoor device to extend reliable broadband internet service to homes, businesses, and other locations across the United States  ...

2 months ago - GlobeNewsWire

Casa Systems Announces Awarding of Inducement Grant to New Chief Product Officer

ANDOVER, Mass., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a leading global provider of cloud-native software and broadband access, cable and cloud technology solutions for the wo...

2 months ago - GlobeNewsWire

Casa Systems Names Michael Glickman as Next President and Chief Executive Officer

Glickman brings over 35 years of telecom and technology global sales leadership and major partnership experience to lead Casa Systems' growth strategy Glickman brings over 35 years of telecom and tech...

4 months ago - GlobeNewsWire

Casa Systems Announces Successful Completion of Previously Announced Refinancing and Extension Transaction for its Term Loan B Senior Secured Debt

ANDOVER, Mass., June 15, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ: CASA) (“Casa Systems” or “the Company”), a leading provider of cloud-native software and physical broadband technology sol...

5 months ago - GlobeNewsWire

Casa Systems Names Rod Gilbert as New VP of Global Business Development

Gilbert brings past experience as leader of the Global Cloud and Telco Ecosystem, Service Provider & Edge business unit at VMware to expand Casa Systems' global partner ecosystem for distribution leve...

7 months ago - GlobeNewsWire

Casa Systems Reports First Quarter 2023 Financial Results

Also Announces Execution of Strategic Term Loan B Transaction Support Agreement to Extend Debt Maturity Reiterates Full Year 2023 Guidance

7 months ago - GlobeNewsWire

Casa Systems Announces Execution of Transaction Support Agreement to Extend Term Loan B (“TLB”) Debt Maturity to December 2027, with Additional Debt Paydown and Further Favorable De-Levering

ANDOVER, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ: CASA) (“Casa” or “the Company”), a leading provider of cloud-native software and physical broadband technology solutions fo...

7 months ago - GlobeNewsWire

Casa Systems to Release First Quarter 2023 Results on May 9, 2023

ANDOVER, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed ...

7 months ago - GlobeNewsWire

LG U+ Modernizes Network to Offer New Enterprise Services with Cloud-Native Solutions from Casa Systems

Leading South Korean operator working with Casa Systems and its partner E-Tech System to deploy the Home eNode B Gateway (HeNB GW) and Security Gateway (SeGW) Leading South Korean operator working wit...

7 months ago - GlobeNewsWire

Casa Systems Extends Market Leadership with Next Gen Distributed Access Architecture Deployments

Groundbreaking software design sets new benchmarks for performance and flexibility Groundbreaking software design sets new benchmarks for performance and flexibility

8 months ago - GlobeNewsWire

SS8 Announces Xcipio Interoperability with Casa Systems

MILPITAS, Calif.--(BUSINESS WIRE)-- #5G--Casa Systems' industry-leading Cloud-Native Core achieves full certification on SS8's Lawful Intercept and Mediation Platform

8 months ago - Business Wire

Top 5 Tech Stocks That Could Blast Off - Casa Systems (NASDAQ:CASA), DZS (NASDAQ:DZSI)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: DZSISMSIUPLD
8 months ago - Benzinga

Casa Systems to Showcase Cable Next-Gen Products and Solutions at ANGA COM 2023

Innovative portfolio paves a path to 10G highlighting the power and versatility of the Company's cloud-native broadband technologies Innovative portfolio paves a path to 10G highlighting the power and...

8 months ago - GlobeNewsWire

Casa Systems Announces CEO Transition and Reports Fourth Quarter and Full Year 2022 Financial Results

Jerry Guo to Retire as President and CEO, Remains on Casa Board of Directors Bruce Evans Appointed New Chairman of Expanded Board of Directors Scott Bruckner Joins the Board of Directors

9 months ago - GlobeNewsWire

Casa Systems to Release Fourth Quarter and Full Year 2022 Results on March 14, 2023

ANDOVER, Mass., March 07, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed ...

9 months ago - GlobeNewsWire

Casa Systems Achieves Breakthrough 1TBps on its Cloud-Native Virtual Broadband Network Gateway

Demonstrates blazing vBNG/AGF throughput and performance with 4th Gen Intel Xeon Scalable processors

9 months ago - GlobeNewsWire

Casa Systems Provides Business Update and Preliminary Fourth Quarter Revenue Results

ANDOVER, Mass., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) today pre-announced that the Company expects to report revenues in the range of $83 to $84 million (unaudited) for t...

10 months ago - GlobeNewsWire

Casa Systems Co-Founder and Senior Vice President of Operations Lucy Xie announces retirement

ANDOVER, Mass., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native software and physical broadband technology solutions for wireless, cable and fix...

1 year ago - GlobeNewsWire

Casa Systems Reports Third Quarter 2022 Financial Results

Continued Progress in Cloud-Native 5G Market Access with Google Cloud Partnership

1 year ago - GlobeNewsWire