Casa Systems: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2023, 06:03 PM ET
Last Updated - Aug 08, 2023, 06:03 PM EDT
ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — Casa Systems Inc. (CASA) on Tuesday reported a loss of $51.1 million in its second quarter.
On a per-share basis, the Andover, Massachusetts-based company said it had a loss of 53 cents. Losses, adjusted for one-time gains and costs, were 26 cents per share.
The provider of digital cable video and broadband services posted revenue of $58 million in the period.
Casa Systems expects full-year revenue in the range of $265 million to $290 million.
