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Casa Systems, Inc.

CASA•NASDAQ
Technology
Communication Equipment
$0.04
$-0.02(-36.36%)
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Over the last four quarters, Casa Systems, Inc. achieved steady financial progress, growing revenue from $84.40M in Q4 2022 to $62.09M in Q3 2023. Gross profit stayed firm with margins at 42% in Q3 2023 versus 43% in Q4 2022. Operating income totaled -$18.40M in Q3 2023, maintaining a -30% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$14.99M. Net income rose to -$25.62M, with EPS at -$0.26. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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