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General

Casa Systems lifts FY guidance, announces departure of CFO for new position

Monday 27 January 2020 | 09:47 CET | News
Casa Systems has lifted its full year 2019 revenue guidance to USD 275-280 million and said it expects to meet or even pass its gross margin, adjusted EBITDA and net loss forecasts. The last revenue guidance was at USD 255-270 million, lowered in November after lower-than-expected results for the third quarter, affected by slower cable spend wireless delays. Casa Systems will be reporting its results for the fourth quarter and full year on 20 February.

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Categories: General
Companies: Casa Systems
Countries: World
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