0
Broadband

Casa Systems lowers FY outlook on continuing supply chain woes

Wednesday 3 November 2021 | 13:04 CET | News
Casa Systems has lowered its full-year outlook to reflect the continued uncertainty in its supply chain. The company said its third quarter results were impacted by the constraints, despite strong demand for its products, especially in wireless, which grew 51 percent from the year before. Revenues for the quarter slipped to USD 99.2 million from 105.7 million, with gains at wireless unable to offset losses at fixed telco and cable. Service revenue was relatively stable at USD 11.5 million from 12.0 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Casa Systems
Countries: World
::: add a comment
This article is part of dossier

5G


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Casa Systems targets over half of revenue from software, cloud by 2025

Published 22 Nov 2021 11:01 CET | World
Casa Systems has outlined new financial targets at an analyst meeting and presentation for investors. By fiscal 2025, the company ...

Casa Systems accelerates path to 10G with MAC Architecture platform

Published 19 Nov 2021 11:17 CET | World
Casa Systems has announced the availability of its new Flexible MAC Architecture (FMA) platform, saying it paves the way to true ...

Last week in telecoms: DT, Orange start rural fibre JVs, BT goes it alone; Q3 reports flag shortages in broadband equipment

Published 08 Nov 2021 09:29 CET | World
The drive to finance and expand fibre networks featured heavily in the news this week. Deutsche Telekom announced a new joint ...

Mediacom to use Casa Systems EPC, FWA systems for internet in remote areas

Published 04 Oct 2021 18:18 CET | United States
Mediacom has selected Casa Systems' evolved packet core (EPC) and fixed wireless access (FWA) systems to extend reliable, ...

Casa Systems to power Bell Canada's 5G fixed wireless access

Published 03 Aug 2021 09:14 CET | Canada
Casa Systems entered an exclusive agreement with Bell Canada to provide new 5G outdoor consumer premise equipment (CPE) for ...

Casa Systems Q2 revenue up 11%; supply-chain casts uncertainty on H2

Published 30 Jul 2021 15:51 CET | World
Casa Systems reported second quarter revenues of USD 92.7 million, up 11 percent from USD 83.4 million in the year-earlier period ...

Casa Systems raises FY outlook after higher results in Q3

Published 30 Oct 2020 09:07 CET | World
Casa Systems saw its revenue for the third quarter grow to USD 105.7 million from USD 81.8 million a year ago. The gross margin ...