0
Broadband

Casa Systems prices secondary share offer at USD 25 per share

Thursday 26 April 2018 | 10:21 CET | News
Casa Systems has priced its secondary share offering at USD 25 per share, a small discount to its last traded share price but well above its IPO price of USD 13 in December 2017. Existing shareholders sold 7.35 million shares in the offering. They've also granted the underwriters an option to sell another 1.1 million shares if demand warrants. The offering is expected to close on 30 April. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Casa Systems
Countries: World
::: add a comment

Add 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 cuts FY outlook after sharp slowdown in Q2 sales

Published 15 Aug 2018 10:21 CET | World
Casa Systems reported revenues for the second quarter up 3.1 percent year-on-year to USD 68.7 million, a sharp slowdown from 23 ...

Casa Systems confirms departure of CFO

Published 12 Jul 2018 10:50 CET | World
Casa Systems has announced the departure of Chief Financial Officer (CFO) Gary Hall with effect from 10 August. The Board of ...

Casa Systems revenues up 23% to USD 89.1 mln in Q1

Published 11 May 2018 15:55 CET | World
Casa Systems reported revenues for its first quarter up 22.5 percent compared to the first quarter of 2017 to USD 89.1 million. ...

Casa Systems starts follow-up IPO of 7.35 mln shares, plus greenshoe

Published 24 Apr 2018 10:49 CET | World
Casa Systems said it has launched a follow-up public offering of 7.35 million shares, with a greenshoe option of over 1.1 million ...

Casa Systems grows Q4 revenues 19%

Published 07 Mar 2018 10:48 CET | World
Casa Systems reported fourth-quarter sales of USD 118 million, up 18.9 percent from a year earlier thanks to strong demand for ...

Casa Systems raises USD 89.7 mln from IPO

Published 20 Dec 2017 08:54 CET | World
Cable equipment maker Casa Systems said it raised USD 89.7 million in gross proceeds from its initial public offering, which it ...





Share prepaid of total service revenue: 5%
Spain  |  2018 Q2

Calendar   /   Industry Events

22 Oct SCTE ISBE Cable Tec Expo
22 Oct International Conference of Data Protection and Privacy Commissioners
23 Oct Modern Times Group (MTG) Q3 2018
23 Oct Logitech fiscal Q2
23 Oct Juniper Networks Q3 2018
23 Oct Atos Q3 2018
23 Oct Millicom Q3 2018
23 Oct Corning Q3 2018
23 Oct Verizon Q3 2018
23 Oct AudioCodes Q3 2018
23 Oct Megacable Q3 2018
23 Oct FCC Open meeting
24 Oct AT&T Q3 2018
24 Oct Orange Belgium Q3 2018
24 Oct KPN Q3 2018
24 Oct STMicroelectronics Q3 2018
24 Oct Technicolor Q3 2018
24 Oct F5 Networks fiscal Q4
24 Oct Telenor Q3 2018
24 Oct Microsoft fiscal Q1
24 Oct Line Q3 2018
24 Oct M1 Q3 2018
24 Oct Smith Micro Q3 2018
24 Oct HPE Securities Analyst Meeting
24 Oct Women in TMT M&A
24 Oct ENISA – Europol Conference on the Internet of Things
24 Oct Broadband World Forum
25 Oct Netia Q3 2018
25 Oct Orange Q3 2018
25 Oct Iridium Q3 2018
::: More Calendar Items