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Published on 5 Aug 2022 on Zacks via Yahoo Finance

Casa Systems (CASA) Reports Q2 Loss, Misses Revenue Estimates


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Casa Systems (CASA) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this provider of digital cable video and broadband services would post a loss of $0.04 per share when it actually produced a loss of $0.35, delivering a surprise of -775%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

NASDAQ.CASA price evolution

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