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General

Casa Systems Q3 revenues up 4.1% from Q2 to USD 71.5 mln

Thursday 8 November 2018 | 09:51 CET | News
Casa Systems reported Q3 revenues up 4.1 percent from Q2 to USD 71.5 million. Gross margin rose 7.7 percent from Q2 to 79.6 percent. Net income was USD 18.9 million and adjusted EBITDA was USD 27.2 million. The company recorded a net income per fully diluted share of USD 0.21. The company added seven new cable and fixed telco customers during Q3. Casa Systems reaffirmed fiscal 2018 guidance of revenue in the range of USD 330 million to USD 350 million.

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Categories: General
Companies: Casa Systems
Countries: World
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