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VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces that the APA that Vecima's subsidiary, Vecima Technology, had entered into with Casa Systems, Inc. has been terminated.
BBW, CASA and CENTA have been added to the Zacks Rank #5 (Strong Sell) List on December 27, 2023.
ANDOVER, Mass., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its third quarter 2023 results on Tuesday, November 7, 2023 after the close of the U.S. financial markets.
Casa Systems (CASA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago.
Casa Systems, Inc. (NASDAQ:CASA ) Q1 2023 Results Conference Call May 9, 2023 6:00 PM ET Company Participants Dennis Daly - Investor Relations Ed Durkin - Chief Financial Officer and Interim Chief Executive Officer Conference Call Participants Simon Leopold - Raymond James Tim Savageaux - Northland Capital Markets Operator Hello, and welcome to the Casa Systems First Quarter 2023 Earnings Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.
Casa Systems (CASA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.35 per share a year ago.
ANDOVER, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its first quarter 2023 results on Tuesday, May 9, 2023 after the close of the U.S. financial markets.
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Casa reported Q4 earnings last week that were slightly above expectations and showed a small profit. Despite that, the stock price has tanked 63% on low volume since then. Casa needs to refinance its debt by the end of the year. It also forecasted 2023 revenue below analyst expectations. Both of these issues are weighing on the stock.
Casa Systems (CASA) delivered earnings and revenue surprises of 155.56% and 1.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?