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CASA - Casa Systems Inc Stock Price, Fair Value and News

0.01USD+0.01 (+Infinity%)Delayed

Market Summary

CASA
USD0.01+0.01
Delayed
Infinity%

CASA Stock Price

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CASA RSI Chart

CASA Valuation

Market Cap

991.1K

Price/Earnings (Trailing)

-0.01

Price/Sales (Trailing)

0

EV/EBITDA

-1.81

Price/Free Cashflow

-0.02

CASA Price/Sales (Trailing)

CASA Profitability

EBT Margin

-43.85%

Return on Equity

-557.14%

Return on Assets

-40.82%

Free Cashflow Yield

-4.2K%

CASA Fundamentals

CASA Revenue

Revenue (TTM)

249.8M

Rev. Growth (Yr)

-7.19%

Rev. Growth (Qtr)

7.04%

CASA Earnings

Earnings (TTM)

-107.2M

Earnings Growth (Yr)

17.8%

Earnings Growth (Qtr)

49.9%

Breaking Down CASA Revenue

Last 30 days

-96.3%

Last 90 days

-97.2%

Trailing 12 Months

-99.2%

How does CASA drawdown profile look like?

CASA Financial Health

Current Ratio

1.48

Debt/Equity

9.1

Debt/Cashflow

-0.22

CASA Investor Care

Dividend Yield

17.6K%

Dividend/Share (TTM)

1.76

Shares Dilution (1Y)

4.74%

Diluted EPS (TTM)

-1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023267.4M254.6M249.8M0
2022361.4M339.6M307.2M286.5M
2021413.9M423.3M416.8M401.3M
2020330.4M361.7M385.6M393.2M
2019243.5M226.9M237.2M282.3M
2018367.9M370.0M347.3M297.1M
2017325.0M333.9M342.7M351.6M
2016000316.1M
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Tracking the Latest Insider Buys and Sells of Casa Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 01, 2024
durkin edward
acquired
-
-
62,500
chief financial officer
Jan 01, 2024
durkin edward
sold (taxes)
-11,477
0.53
-21,656
chief financial officer
Dec 13, 2023
bruckner scott
acquired
-
-
22,936
-
Dec 08, 2023
chen weidong
acquired
-
-
366,611
see remarks
Dec 08, 2023
chen weidong
sold (taxes)
-65,537
0.54
-121,366
see remarks
Sep 13, 2023
bruckner scott
acquired
-
-
22,936
-
Jul 19, 2023
durkin edward
sold (taxes)
-82,762
1.19
-69,548
cfo and interim ceo
Jul 19, 2023
durkin edward
acquired
-
-
217,612
cfo and interim ceo
Jun 17, 2023
durkin edward
acquired
-
-
72,537
cfo and interim ceo
Jun 17, 2023
durkin edward
sold (taxes)
-23,417
1.1
-21,289
cfo and interim ceo

1–10 of 50

Which funds bought or sold CASA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 01, 2024
BNP PARIBAS FINANCIAL MARKETS
unchanged
-
-73.00
78.00
-%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%
Apr 29, 2024
Tower View Wealth Management LLC
sold off
-100
-1,000
-
-%
Apr 25, 2024
Bank of New York Mellon Corp
unchanged
-
-4,028
4,298
-%
Apr 25, 2024
SIMPLEX TRADING, LLC
reduced
-15.00
-
-
-%
Apr 15, 2024
Capital Investment Advisors, LLC
unchanged
-
-6,090
6,498
-%
Apr 15, 2024
CIC Wealth, LLC
unchanged
-
-2,564
2,736
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.25
-719,526
1,242,170
-%
Feb 15, 2024
JANE STREET GROUP, LLC
sold off
-100
-15,402
-
-%
Feb 14, 2024
TWO SIGMA SECURITIES, LLC
new
-
24,510
24,510
-%

1–10 of 46

Are Funds Buying or Selling CASA?

Are funds buying CASA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CASA
No. of Funds

Unveiling Casa Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
alliancebernstein l.p.
4.5%
4,236,806
SC 13G/A
Apr 22, 2022
verizon communications inc
9.9%
9,329,170
SC 13G
Feb 14, 2022
alliancebernstein l.p.
5.2%
4,514,498
SC 13G

Recent SEC filings of Casa Systems Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
8-K
Current Report
Apr 25, 2024
25-NSE
25-NSE
Apr 03, 2024
8-K
Current Report
Apr 02, 2024
8-K
Current Report
Mar 28, 2024
8-K
Current Report

Peers (Alternatives to Casa Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
190.9B
57.2B
-3.30% 3.13%
14.2
3.34
7.66% 18.93%
85.8B
5.9B
-8.17% 102.73%
41.1
14.64
33.75% 54.34%
27.6B
53.1B
-5.02% -4.18%
8.08
0.52
-11.04% 34.01%
21.9B
29.1B
-7.31% 22.17%
10.82
0.75
2.24% 133.29%
12.9B
4.2B
-9.19% 28.74%
26.61
3.04
-11.68% 12.69%
11.3B
5.3B
-5.99% 22.51%
50.53
2.12
-2.96% -55.26%
MID-CAP
6.7B
1.9B
2.64% -49.54%
18.12
3.59
4.69% 6.86%
3.6B
2.4B
-1.19% 12.38%
19.97
1.49
-8.79% -36.23%
3.0B
1.4B
-6.48% -5.79%
-11.32
2.1
-21.40% -1031.82%
SMALL-CAP
1.5B
1.2B
-1.58% -31.89%
-229.57
1.19
-0.19% -110.91%
424.7M
217.6M
-19.56% 491.44%
-7.58
1.95
-2.32% 15.59%
375.0M
1.1B
-11.24% -45.58%
-1.4
0.33
12.05% -13041.29%
137.8M
148.1M
0.34% 22.86%
29.35
0.93
3.90% 76.40%
58.2M
29.7M
- -78.39%
-0.84
1.96
39.86% -13.06%
56.2M
56.0M
-2.90% -7.44%
-4.52
1
-26.16% -43.53%

Casa Systems Inc News

Latest updates
Yahoo Singapore News • 02 May 2024 • 09:19 am
InvestorPlace • 04 Apr 2024 • 07:00 am
Benzinga • 03 Apr 2024 • 07:00 am
Light Reading • 03 Apr 2024 • 07:00 am
The Wall Street Journal • 03 Apr 2024 • 07:00 am
The Business Journals • 03 Apr 2024 • 07:00 am
Investing.com • 03 Apr 2024 • 07:00 am

Casa Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue7.0%62.0058.0045.0084.0067.0071.0064.0010599.0093.0010412110683.0084.0011382.0052.0035.0068.0072.00
Gross Profit8.7%26.0024.0018.0036.0014.0027.0027.0046.0041.0046.0056.0062.0053.0043.0043.0060.0039.0039.0024.0050.0057.00
Operating Expenses8.1%44.0041.0045.0038.0045.0045.0045.0042.0043.0042.0043.0045.0043.0042.0046.0050.0048.0036.0039.0033.0034.00
  S&GA Expenses29.5%27.0021.0024.0020.0022.0022.0022.0021.0021.0022.0022.0024.0022.0021.0025.0027.0024.0017.0020.0016.0018.00
  R&D Expenses-14.3%17.0020.0021.0018.0022.0023.0023.0021.0022.0020.0022.0021.0022.0021.0021.0023.0024.0018.0018.0017.0016.00
EBITDA Margin14.0%-0.28*-0.33*-0.21*-0.17*-0.14*-0.05*0.01*0.09*0.11*0.14*0.14*0.11*---------
Interest Expenses79.3%11.006.005.005.005.004.004.003.004.004.004.004.004.004.005.005.005.005.005.005.005.00
Income Taxes-31.4%1.001.000.00-4.46-1.26-4.0210.000.00-5.293.002.00-9.622.001.00-8.7232.00-5.61-0.56-2.17-1.661.00
Earnings Before Taxes50.3%-24.82-49.98-31.51-3.22-32.42-20.72-22.232.00-6.16-0.018.0014.006.00-2.14-7.566.00-14.111.00-17.5113.0020.00
EBT Margin4.7%-0.44*-0.46*-0.33*-0.27*-0.24*-0.14*-0.07*0.01*0.04*0.06*0.06*0.02*---------
Net Income49.9%-25.62-51.14-31.661.00-31.16-16.70-32.582.00-0.88-3.196.0023.003.00-3.031.00-25.66-8.501.00-15.3415.0019.00
Net Income Margin3.1%-0.43*-0.44*-0.29*-0.28*-0.26*-0.14*-0.10*0.01*0.06*0.07*0.07*0.06*---------
Free Cashflow-481.1%-15.454.00-9.03-21.391.00-9.1217.0017.00-12.9831.00-6.011.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-13.6%263304356398438458422469470469479493463433419444458436448475488
  Current Assets-16.9%170204251292332349311355354352358371337305288308292375389418433
    Cash Equivalents-25.4%48.0064.00112126193196169158156169145158156149135115124131264282308
  Inventory-8.2%77.0084.0083.0082.0082.0078.0085.0085.0092.0096.0097.0010198.0086.0081.0094.0098.0074.0068.0051.0041.00
  Net PPE-63.5%6.0018.0019.0020.0020.0021.0022.0024.0025.0025.0027.0029.0031.0032.0034.0036.0037.0030.0029.0030.0030.00
  Goodwill0%50.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.0050.00---
Liabilities-5.7%316335337349395384372387384387398417415393380406396366382400402
  Current Liabilities-15.3%11413531232498.0092.0074.0091.0085.0088.0010111910385.0071.0094.0090.0060.0076.0089.0085.00
  Long Term Debt1.9%175172--273273274274275275276276290284284285285292293293294
    LT Debt, Current0.5%6.006.002232252.002.002.002.008.008.0015.0015.002.008.008.009.009.002.002.002.002.00
    LT Debt, Non Current1.9%175172--273273274274275275276276290284284285285292293293294
Shareholder's Equity---19.0049.0043.0073.0050.0082.0087.0082.0081.0076.0048.0040.0039.0039.0063.0070.0065.0075.0086.00
  Retained Earnings-9.8%-286-261-209-178-179-148-131-99.06-100-99.71-96.51-102-125-128-125-127-101-92.91-94.20-81.01-66.52
  Additional Paid-In Capital1.4%251248246245241237195194191186182183179175172170167164160157154
Shares Outstanding1.8%99.0097.0097.0095.0095.0089.0085.0084.0086.0085.0084.0083.00---------
Float------160---281---126---204---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-435.1%-14,6054,358-8,350-20,2972,053-8,48718,09718,401-11,51831,870-5,1551,9987,70817,86726,069-5,952-1,950-17,271-13,8494,44311,734
  Share Based Compensation42.3%2,5721,8084,1224,1033,6712,8792,6283,5743,6984,0943,4533,6573,4823,5792,4372,3712,8912,6591,9002,3522,218
Cashflow From Investing-112.3%-843-397-679-1,094-1,215-1,144-966-922-1,490-662-2,252-1,483-1,385-2,327-390-1,866-112,392-1,929-1,835-1,742-1,723
Cashflow From Financing98.5%-783-53,336-4,924-46,637-1,14638,657-3,354-17,490917-8,003-4,819-536-381-1,235-4,151-2,629-4,316-1,487-1,095-30,389-43,635
  Buy Backs-------1,192------33.002,998-----45,699
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CASA Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:    
Total revenue[1],[2]$ 62,089$ 66,899$ 165,389$ 202,134
Cost of revenue:    
Total cost of revenue36,19852,52397,527134,444
Gross profit25,89114,37667,86267,690
Operating expenses:    
Research and development17,12122,05957,94767,545
Selling, general and administrative27,17422,44272,61666,741
Total operating expenses44,29544,501130,563134,286
Loss from operations(18,404)(30,125)(62,701)(66,596)
Other income (expense):    
Interest income6128102,4311,118
Interest expense(10,712)(4,762)(21,896)(12,270)
Loss on extinguishment of debt[3]  (28,822) 
Revaluation of warrant liability3,795 3,795 
(Loss) gain on foreign currency, net(160)1,5462282,089
Other income, net47106657285
Total other expense, net(6,418)(2,300)(43,607)(8,778)
Loss before provision for (benefit from) income taxes(24,822)(32,425)(106,308)(75,374)
Provision for (benefit from) income taxes796(1,261)2,1045,071
Net loss(25,618)(31,164)(108,412)(80,445)
Other comprehensive loss - foreign currency translation adjustment, net of tax(251)(2,737)(883)(4,683)
Comprehensive loss$ (25,869)$ (33,901)$ (109,295)$ (85,128)
Net loss per share attributable to common stockholders:    
Basic$ (0.26)$ (0.33)$ (1.12)$ (0.89)
Diluted$ (0.26)$ (0.33)$ (1.12)$ (0.89)
Weighted-average shares used to compute net loss per share attributable to common stockholders:    
Basic97,48894,51296,70590,569
Diluted97,48894,51296,70590,569
Product    
Revenue:    
Total revenue$ 49,736$ 55,435$ 130,972$ 167,121
Cost of revenue:    
Total cost of revenue35,13138,42194,155117,531
Service    
Revenue:    
Total revenue12,35311,46434,41735,013
Cost of revenue:    
Total cost of revenue$ 1,0671,195$ 3,3724,006
Warranty Settlement Provision    
Cost of revenue:    
Total cost of revenue $ 12,907 $ 12,907
[1]Includes revenue of $16,037 and $23,321 during the three and nine months ended September 30, 2023 and $3,041 and $13,591 during the three and nine months ended September 30, 2022, during which a related party relationship existed (see Note 16)
[2]Other than the United States, Canada and Australia, no individual countries represented 10% or more of the Company’s total revenue for any of the periods presented.
[3] Loss related to Term Loan B refinancing and issuance of warrants during the nine months ended September 30, 2023 (see Note 10)

CASA Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 47,925$ 126,312
Accounts receivable, net of provision for doubtful accounts of $152 and $636 as of September 30, 2023 and December 31, 2022, respectively[1]37,36074,484
Inventory77,20681,795
Prepaid expenses and other current assets4,1712,836
Prepaid income taxes3,0226,352
Total current assets169,684291,779
Property and equipment, net6,42719,518
Right-of-use assets3,6745,199
Goodwill50,17750,177
Intangible assets, net21,31625,759
Noncurrent assets held for sale6,146 
Other assets5,0925,862
Total assets262,516398,294
Current liabilities:  
Accounts payable21,89129,283
Accrued expenses and other current liabilities30,62931,825
Warrant liability11,218 
Accrued income taxes1,0114,298
Deferred revenue[2]41,85931,305
Lease liability1,4462,040
Current portion of long-term debt, net of unamortized debt issuance discounts6,378225,161
Total current liabilities114,432323,912
Accrued income taxes, net of current portion6,5096,640
Deferred tax liabilities1,4881,490
Deferred revenue, net of current portion4,3615,529
Long-term debt, net of current portion and unamortized debt issuance costs175,104 
Warrant liability, net of current portion4,118 
Lease liability, net of current portion2,4163,416
Other liabilities, net of current portion7,5137,906
Total liabilities315,941348,893
Commitments and contingencies (Note 18)
Total stockholders' (deficit) equity  
Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued and outstanding as of September 30, 2023 and December 31, 2022
Common stock, $0.001 par value; 500,000 shares authorized; 102,321 and 98,262 shares issued as of September 30, 2023 and December 31, 2022, respectively; 98,724 and 94,665 shares outstanding as of September 30, 2023 and December 31, 2022, respectively10298
Treasury stock, at cost; 3,597 shares as of September 30, 2023 and December 31, 2022(14,837)(14,837)
Additional paid-in capital251,140244,675
Accumulated other comprehensive loss(3,188)(2,305)
Accumulated deficit(286,642)(178,230)
Total stockholders' (deficit) equity(53,425)49,401
Total liabilities and stockholders' (deficit) equity$ 262,516$ 398,294
[1]Includes accounts receivable due from a related party of $1,289 and $6,044 at September 30, 2023 and December 31, 2022, respectively (see Note 16)
[2]Includes deferred revenue associated with a related party of $27,200 and $18,094 at September 30, 2023 and December 31, 2022, respectively (see Note 16)
CASA
Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, centralized, and distributed deployment, and bandwidth capacity expansion systems. The company provides optical access solutions, virtualized broadband network gateway router and multiservice router, fiber extension, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. Casa Systems, Inc. was incorporated in 2003 and is headquartered in Andover, Massachusetts.
 CEO
 WEBSITEcasa-systems.com
 INDUSTRYComputer Hardware
 EMPLOYEES1043

Casa Systems Inc Frequently Asked Questions


What is the ticker symbol for Casa Systems Inc? What does CASA stand for in stocks?

CASA is the stock ticker symbol of Casa Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Casa Systems Inc (CASA)?

As of Thu May 02 2024, market cap of Casa Systems Inc is 0. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CASA stock?

You can check CASA's fair value in chart for subscribers.

What is the fair value of CASA stock?

You can check CASA's fair value in chart for subscribers. The fair value of Casa Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Casa Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CASA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Casa Systems Inc a good stock to buy?

The fair value guage provides a quick view whether CASA is over valued or under valued. Whether Casa Systems Inc is cheap or expensive depends on the assumptions which impact Casa Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CASA.

What is Casa Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, CASA's PE ratio (Price to Earnings) is 0 and Price to Sales (PS) ratio is 0. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CASA PE ratio will change depending on the future growth rate expectations of investors.