Casa Systems: Q3 Earnings Insights

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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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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