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

Friday 30 July 2021 | 15:51 CET | News
Casa Systems reported second quarter revenues of USD 92.7 million, up 11 percent from USD 83.4 million in the year-earlier period thanks to strong wireless demand. The company set guidance for full-year sales growth of 8-13 percent amid uncertainty over the rest of 2021. The company said it ended June with a very large backlog and warned that despite an exceptionally strong start to the year, the second half may suffer from the worsening supply chain situation affecting the industry.

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Categories: Fixed
Companies: Casa Systems
Countries: World
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