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General

Casa Systems reports preliminary Q4 revenues of USD 63-69 mln

Friday 18 January 2019 | 09:02 CET | News
Casa Systems reported preliminary revenues in Q4 between USD 63 million and USD 69 million impacted by lower than expected spending in hardware by certain MSO customers as they begin to transition from Integrated CCAP to Distributed Access Architecture (DAA). Gross Margin was in the range of 70 percent to 73 percent, while adjusted EBITDA was between USD 17.5 million and USD 21.5 million. Net income was between USD 9.5 million and USD 13.5 million, while' diluted net income per share was between USD 0.11 and USD 0.15.

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Categories: General
Companies: Casa Systems
Countries: World
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