Published on 3 Nov 2022 on Zacks via Yahoo Finance
Casa Systems (CASA) Reports Q3 Loss, Lags Revenue Estimates
Casa Systems (CASA) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -383.33%. A quarter ago, it was expected that this provider of digital cable video and broadband services would post a loss of $0.16 per share when it actually produced a loss of $0.15, delivering a surprise of 6.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.