Casa Systems CASA reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Casa Systems missed estimated earnings by 2100.0%, reporting an EPS of $-0.2 versus an estimate of $0.01.
Revenue was down $4.81 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 13.06% drop in the share price the next day.
Here's a look at Casa Systems's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.10 | -0.07 | |
| EPS Actual | -0.26 | -0.26 | 0.05 | -0.29 |
| Revenue Estimate | 65.00M | 66.70M | 77.60M | 77.26M |
| Revenue Actual | 58.00M | 45.30M | 84.40M | 66.90M |
To track all earnings releases for Casa Systems visit their earnings calendar here.
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