CASA - Casa Systems Inc Stock Price, Fair Value and News

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CASA Stock Price

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CASA RSI Chart

CASA Valuation

EV/EBITDA

-1.8

CASA Price/Sales (Trailing)

CASA Profitability

EBT Margin

-43.85%

Return on Equity

-557.14%

Return on Assets

-40.82%

CASA Fundamentals

CASA Revenue

Revenue (TTM)

249.8M

Rev. Growth (Yr)

-7.19%

Rev. Growth (Qtr)

7.04%

CASA Earnings

Earnings (TTM)

-107.2M

Earnings Growth (Yr)

17.8%

Earnings Growth (Qtr)

49.9%

Breaking Down CASA Revenue

Last 30 days

-100%

Last 90 days

-100%

Trailing 12 Months

-100%

How does CASA drawdown profile look like?

CASA Financial Health

Current Ratio

1.48

Debt/Equity

9.1

Debt/Cashflow

-0.22

CASA Investor Care

Dividend/Share (TTM)

1.76

Shares Dilution (1Y)

4.74%

Diluted EPS (TTM)

-1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	267.4M	254.6M	249.8M	0
2022	361.4M	339.6M	307.2M	286.5M
2021	413.9M	423.3M	416.8M	401.3M
2020	330.4M	361.7M	385.6M	393.2M
2019	243.5M	226.9M	237.2M	282.3M
2018	367.9M	370.0M	347.3M	297.1M
2017	325.0M	333.9M	342.7M	351.6M
2016	0	0	0	316.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Casa Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 01, 2024	durkin edward	acquired	-	-	62,500	chief financial officer
Jan 01, 2024	durkin edward	sold (taxes)	-11,477	0.53	-21,656	chief financial officer
Dec 13, 2023	bruckner scott	acquired	-	-	22,936	-
Dec 08, 2023	chen weidong	acquired	-	-	366,611	see remarks
Dec 08, 2023	chen weidong	sold (taxes)	-65,537	0.54	-121,366	see remarks
Sep 13, 2023	bruckner scott	acquired	-	-	22,936	-
Jul 19, 2023	durkin edward	sold (taxes)	-82,762	1.19	-69,548	cfo and interim ceo
Jul 19, 2023	durkin edward	acquired	-	-	217,612	cfo and interim ceo
Jun 17, 2023	durkin edward	acquired	-	-	72,537	cfo and interim ceo
Jun 17, 2023	durkin edward	sold (taxes)	-23,417	1.1	-21,289	cfo and interim ceo

Which funds bought or sold CASA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	2,785	2,785	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-37.41	-127,411	60,825	-%
May 15, 2024	SUMMIT PARTNERS L P	unchanged	-	-8,749,520	9,336,460	0.52%
May 15, 2024	AMERIPRISE FINANCIAL INC	reduced	-0.21	-610,390	648,531	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-19.87	-495	348	-%
May 15, 2024	Squarepoint Ops LLC	sold off	-100	-15,401	-	-%
May 15, 2024	Engineers Gate Manager LP	unchanged	-	-2,932	3,129	-%
May 15, 2024	WESTERLY CAPITAL MANAGEMENT, LLC	reduced	-39.03	-1,307,450	600,552	0.23%
May 15, 2024	Tower Research Capital LLC (TRC)	added	146	2,516	11,635	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	sold off	-100	-24,510	-	-%

Are Funds Buying or Selling CASA?

Are funds buying CASA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CASA

No. of Funds

Unveiling Casa Systems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	alliancebernstein l.p.	4.5%	4,236,806	SC 13G/A
Apr 22, 2022	verizon communications inc	9.9%	9,329,170	SC 13G
Feb 14, 2022	alliancebernstein l.p.	5.2%	4,514,498	SC 13G

Recent SEC filings of Casa Systems Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	8-K	Current Report
Apr 25, 2024	25-NSE	25-NSE
Apr 03, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 28, 2024	8-K	Current Report

Peers (Alternatives to Casa Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Casa Systems Inc News

Latest updates

Casa Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	7.0%	62.00	58.00	45.00	84.00	67.00	71.00	64.00	105	99.00	93.00	104	121	106	83.00	84.00	113	82.00	52.00	35.00	68.00	72.00
Gross Profit	8.7%	26.00	24.00	18.00	36.00	14.00	27.00	27.00	46.00	41.00	46.00	56.00	62.00	53.00	43.00	43.00	60.00	39.00	39.00	24.00	50.00	57.00
Operating Expenses	8.1%	44.00	41.00	45.00	38.00	45.00	45.00	45.00	42.00	43.00	42.00	43.00	45.00	43.00	42.00	46.00	50.00	48.00	36.00	39.00	33.00	34.00
S&GA Expenses	29.5%	27.00	21.00	24.00	20.00	22.00	22.00	22.00	21.00	21.00	22.00	22.00	24.00	22.00	21.00	25.00	27.00	24.00	17.00	20.00	16.00	18.00
R&D Expenses	-14.3%	17.00	20.00	21.00	18.00	22.00	23.00	23.00	21.00	22.00	20.00	22.00	21.00	22.00	21.00	21.00	23.00	24.00	18.00	18.00	17.00	16.00
EBITDA Margin	14.0%	-0.28*	-0.33*	-0.21*	-0.17*	-0.14*	-0.05*	0.01*	0.09*	0.11*	0.14*	0.14*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	79.3%	11.00	6.00	5.00	5.00	5.00	4.00	4.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Income Taxes	-31.4%	1.00	1.00	0.00	-4.46	-1.26	-4.02	10.00	0.00	-5.29	3.00	2.00	-9.62	2.00	1.00	-8.72	32.00	-5.61	-0.56	-2.17	-1.66	1.00
Earnings Before Taxes	50.3%	-24.82	-49.98	-31.51	-3.22	-32.42	-20.72	-22.23	2.00	-6.16	-0.01	8.00	14.00	6.00	-2.14	-7.56	6.00	-14.11	1.00	-17.51	13.00	20.00
EBT Margin	4.7%	-0.44*	-0.46*	-0.33*	-0.27*	-0.24*	-0.14*	-0.07*	0.01*	0.04*	0.06*	0.06*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	49.9%	-25.62	-51.14	-31.66	1.00	-31.16	-16.70	-32.58	2.00	-0.88	-3.19	6.00	23.00	3.00	-3.03	1.00	-25.66	-8.50	1.00	-15.34	15.00	19.00
Net Income Margin	3.1%	-0.43*	-0.44*	-0.29*	-0.28*	-0.26*	-0.14*	-0.10*	0.01*	0.06*	0.07*	0.07*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-481.1%	-15.45	4.00	-9.03	-21.39	1.00	-9.12	17.00	17.00	-12.98	31.00	-6.01	1.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-13.6%	263	304	356	398	438	458	422	469	470	469	479	493	463	433	419	444	458	436	448	475	488
Current Assets	-16.9%	170	204	251	292	332	349	311	355	354	352	358	371	337	305	288	308	292	375	389	418	433
Cash Equivalents	-25.4%	48.00	64.00	112	126	193	196	169	158	156	169	145	158	156	149	135	115	124	131	264	282	308
Inventory	-8.2%	77.00	84.00	83.00	82.00	82.00	78.00	85.00	85.00	92.00	96.00	97.00	101	98.00	86.00	81.00	94.00	98.00	74.00	68.00	51.00	41.00
Net PPE	-63.5%	6.00	18.00	19.00	20.00	20.00	21.00	22.00	24.00	25.00	25.00	27.00	29.00	31.00	32.00	34.00	36.00	37.00	30.00	29.00	30.00	30.00
Goodwill	0%	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	-	-	-
Liabilities	-5.7%	316	335	337	349	395	384	372	387	384	387	398	417	415	393	380	406	396	366	382	400	402
Current Liabilities	-15.3%	114	135	312	324	98.00	92.00	74.00	91.00	85.00	88.00	101	119	103	85.00	71.00	94.00	90.00	60.00	76.00	89.00	85.00
Long Term Debt	1.9%	175	172	-	-	273	273	274	274	275	275	276	276	290	284	284	285	285	292	293	293	294
LT Debt, Current	0.5%	6.00	6.00	223	225	2.00	2.00	2.00	2.00	8.00	8.00	15.00	15.00	2.00	8.00	8.00	9.00	9.00	2.00	2.00	2.00	2.00
LT Debt, Non Current	1.9%	175	172	-	-	273	273	274	274	275	275	276	276	290	284	284	285	285	292	293	293	294
Shareholder's Equity	-	-	-	19.00	49.00	43.00	73.00	50.00	82.00	87.00	82.00	81.00	76.00	48.00	40.00	39.00	39.00	63.00	70.00	65.00	75.00	86.00
Retained Earnings	-9.8%	-286	-261	-209	-178	-179	-148	-131	-99.06	-100	-99.71	-96.51	-102	-125	-128	-125	-127	-101	-92.91	-94.20	-81.01	-66.52
Additional Paid-In Capital	1.4%	251	248	246	245	241	237	195	194	191	186	182	183	179	175	172	170	167	164	160	157	154
Shares Outstanding	1.8%	99.00	97.00	97.00	95.00	95.00	89.00	85.00	84.00	86.00	85.00	84.00	83.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	160	-	-	-	281	-	-	-	126	-	-	-	204	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-435.1%	-14,605	4,358	-8,350	-20,297	2,053	-8,487	18,097	18,401	-11,518	31,870	-5,155	1,998	7,708	17,867	26,069	-5,952	-1,950	-17,271	-13,849	4,443	11,734
Share Based Compensation	42.3%	2,572	1,808	4,122	4,103	3,671	2,879	2,628	3,574	3,698	4,094	3,453	3,657	3,482	3,579	2,437	2,371	2,891	2,659	1,900	2,352	2,218
Cashflow From Investing	-112.3%	-843	-397	-679	-1,094	-1,215	-1,144	-966	-922	-1,490	-662	-2,252	-1,483	-1,385	-2,327	-390	-1,866	-112,392	-1,929	-1,835	-1,742	-1,723
Cashflow From Financing	98.5%	-783	-53,336	-4,924	-46,637	-1,146	38,657	-3,354	-17,490	917	-8,003	-4,819	-536	-381	-1,235	-4,151	-2,629	-4,316	-1,487	-1,095	-30,389	-43,635
Buy Backs	-	-	-	-	-	-	-	1,192	-	-	-	-	-	-	33.00	2,998	-	-	-	-	-	45,699

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CASA Income Statement

2023-09-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Revenue:

Total revenue

^[1],[2]

$ 62,089

$ 66,899

$ 165,389

$ 202,134

Cost of revenue:

Total cost of revenue

36,198

52,523

97,527

134,444

Gross profit

25,891

14,376

67,862

67,690

Operating expenses:

Research and development

17,121

22,059

57,947

67,545

Selling, general and administrative

27,174

22,442

72,616

66,741

Total operating expenses

44,295

44,501

130,563

134,286

Loss from operations

(18,404)

(30,125)

(62,701)

(66,596)

Other income (expense):

Interest income

612

810

2,431

1,118

Interest expense

(10,712)

(4,762)

(21,896)

(12,270)

Loss on extinguishment of debt

^[3]

(28,822)

Revaluation of warrant liability

3,795

(Loss) gain on foreign currency, net

(160)

1,546

228

2,089

Other income, net

106

657

285

Total other expense, net

(6,418)

(2,300)

(43,607)

(8,778)

Loss before provision for (benefit from) income taxes

(24,822)

(32,425)

(106,308)

(75,374)

Provision for (benefit from) income taxes

796

(1,261)

2,104

5,071

Net loss

(25,618)

(31,164)

(108,412)

(80,445)

Other comprehensive loss - foreign currency translation adjustment, net of tax

(251)

(2,737)

(883)

(4,683)

Comprehensive loss

$ (25,869)

$ (33,901)

$ (109,295)

$ (85,128)

Net loss per share attributable to common stockholders:

Basic

$ (0.26)

$ (0.33)

$ (1.12)

$ (0.89)

Diluted

$ (0.26)

$ (0.33)

$ (1.12)

$ (0.89)

Weighted-average shares used to compute net loss per share attributable to common stockholders:

Basic

97,488

94,512

96,705

90,569

Diluted

97,488

94,512

96,705

90,569

Product

Revenue:

Total revenue

$ 49,736

$ 55,435

$ 130,972

$ 167,121

Cost of revenue:

Total cost of revenue

35,131

38,421

94,155

117,531

Service

Revenue:

Total revenue

12,353

11,464

34,417

35,013

Cost of revenue:

Total cost of revenue

$ 1,067

1,195

$ 3,372

4,006

Warranty Settlement Provision

Cost of revenue:

Total cost of revenue

$ 12,907

[1]	Includes revenue of $16,037 and $23,321 during the three and nine months ended September 30, 2023 and $3,041 and $13,591 during the three and nine months ended September 30, 2022, during which a related party relationship existed (see Note 16)
[2]	Other than the United States, Canada and Australia, no individual countries represented 10% or more of the Company’s total revenue for any of the periods presented.
[3]	Loss related to Term Loan B refinancing and issuance of warrants during the nine months ended September 30, 2023 (see Note 10)

CASA Balance Sheet

2023-09-30

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands

Sep. 30, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 47,925

$ 126,312

Accounts receivable, net of provision for doubtful accounts of $152 and $636 as of September 30, 2023 and December 31, 2022, respectively

^[1]

37,360

74,484

Inventory

77,206

81,795

Prepaid expenses and other current assets

4,171

2,836

Prepaid income taxes

3,022

6,352

Total current assets

169,684

291,779

Property and equipment, net

6,427

19,518

Right-of-use assets

3,674

5,199

Goodwill

50,177

Intangible assets, net

21,316

25,759

Noncurrent assets held for sale

6,146

Other assets

5,092

5,862

Total assets

262,516

398,294

Current liabilities:

Accounts payable

21,891

29,283

Accrued expenses and other current liabilities

30,629

31,825

Warrant liability

11,218

Accrued income taxes

1,011

4,298

Deferred revenue

^[2]

41,859

31,305

Lease liability

1,446

2,040

Current portion of long-term debt, net of unamortized debt issuance discounts

6,378

225,161

Total current liabilities

114,432

323,912

Accrued income taxes, net of current portion

6,509

6,640

Deferred tax liabilities

1,488

1,490

Deferred revenue, net of current portion

4,361

5,529

Long-term debt, net of current portion and unamortized debt issuance costs

175,104

Warrant liability, net of current portion

4,118

Lease liability, net of current portion

2,416

3,416

Other liabilities, net of current portion

7,513

7,906

Total liabilities

315,941

348,893

Commitments and contingencies (Note 18)

Total stockholders' (deficit) equity

Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued and outstanding as of September 30, 2023 and December 31, 2022

Common stock, $0.001 par value; 500,000 shares authorized; 102,321 and 98,262 shares issued as of September 30, 2023 and December 31, 2022, respectively; 98,724 and 94,665 shares outstanding as of September 30, 2023 and December 31, 2022, respectively

102

Treasury stock, at cost; 3,597 shares as of September 30, 2023 and December 31, 2022

(14,837)

Additional paid-in capital

251,140

244,675

Accumulated other comprehensive loss

(3,188)

(2,305)

Accumulated deficit

(286,642)

(178,230)

Total stockholders' (deficit) equity

(53,425)

49,401

Total liabilities and stockholders' (deficit) equity

$ 262,516

$ 398,294

[1]	Includes accounts receivable due from a related party of $1,289 and $6,044 at September 30, 2023 and December 31, 2022, respectively (see Note 16)
[2]	Includes deferred revenue associated with a related party of $27,200 and $18,094 at September 30, 2023 and December 31, 2022, respectively (see Note 16)

About Casa Systems Inc

Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, centralized, and distributed deployment, and bandwidth capacity expansion systems. The company provides optical access solutions, virtualized broadband network gateway router and multiservice router, fiber extension, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. Casa Systems, Inc. was incorporated in 2003 and is headquartered in Andover, Massachusetts.

CEO	Mr. Michael Glickman
WEBSITE	casa-systems.com
INDUSTRY	Computer Hardware
EMPLOYEES	1043

Casa Systems Inc Frequently Asked Questions

What is the ticker symbol for Casa Systems Inc? What does CASA stand for in stocks?

CASA is the stock ticker symbol of Casa Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Casa Systems Inc (CASA)?

As of Fri May 17 2024, market cap of Casa Systems Inc is 0. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CASA stock?

You can check CASA's fair value in chart for subscribers.

What is the fair value of CASA stock?

You can check CASA's fair value in chart for subscribers. The fair value of Casa Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Casa Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CASA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Casa Systems Inc a good stock to buy?

The fair value guage provides a quick view whether CASA is over valued or under valued. Whether Casa Systems Inc is cheap or expensive depends on the assumptions which impact Casa Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CASA.

What is Casa Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CASA's PE ratio (Price to Earnings) is 0 and Price to Sales (PS) ratio is 0. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CASA PE ratio will change depending on the future growth rate expectations of investors.