Casa Systems Inc expected to post a loss of 12 cents a share - Earnings Preview

Reuters03-29

* Casa Systems Inc is expected to show a fall in quarterly revenue when it reports results on April 1 (estimated) for the period ending December 31 2023

* The Andover Massachusetts-based company is expected to report a 41.2% decrease in revenue to $49.6 million from $84.4 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Casa Systems Inc is for a loss of 12 cents per share.

* The one available analyst rating on the shares is "buy".

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Casa Systems Inc is $1.25, above its last closing price of $0.27.

This summary was machine generated March 29 at 11:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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