Casa Systems Inc (OQ:CASA)

Sector:  Technology Industry:  Communications & Networking
See Regulatory Filings on SEC
Company Contact
Address: 100 River Rd Ste 100
ANDOVER MA 01810-1030
Tel: N/A
IR: See website
Key People
Jerry Guo
Chairman of the Board, President, Chief Executive Officer, Founder, Secretary
Scott Bruckner
Interim Chief Financial Officer
Lucy Xie
Senior Vice President - Operations, Director
Weidong Chen
Chief Technology Officer, Director
Matthew Slepian
Principal Accounting Officer, Corporate Controller
Business Overview
Casa Systems, Inc. is provides a software-centric infrastructure solutions. In addition, the Company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Its products include axyom software platform, delivery platforms, multi-service applications, capacity expansion products. The Company offers a range of solutions including addition of critical bandwidth capacity, flexibility to add new and expand existing services, ability to upgrade networks remotely, reduced network complexity, ability to densify networks, and common platform capabilities to address the needs of both fixed and wireless networks.
Financial Overview
For the three months ended 31 March 2020, Casa Systems Inc revenues increased from $35.5M to $83.6M. Net income totaled $1.2M vs. loss of $15.3M. Revenues reflect Product segment increase from $9.4M to $39.6M, Asia-Pacific segment increase from $4.7M to $33.2M, United States segment increase from $14.6M to $29.4M. Net Income reflects Interest Expense decrease of 11% to $4.6M (expense), Loss on foreign currency.
Employees: 997 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $511.73M as of Mar 31, 2020
Annual revenue (TTM): $330.43M as of Mar 31, 2020
EBITDA (TTM): $22.11M as of Mar 31, 2020
Net annual income (TTM): -$31.71M as of Mar 31, 2020
Free cash flow (TTM): -$8.26M as of Mar 31, 2020
Net Debt Last Fiscal Year: $157.98M as of Mar 31, 2020
Shares outstanding: 83,040,053 as of Apr 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization