OverviewSuggest Edit

Casa Systems is a company that offers network edge devices for the interactive digital video and broadband IP services sectors. The company offers infrastructure solutions that allow cable service providers to deliver voice, video, and data services over a single platform at multi-gigabit speeds. It also provides solutions for next-generation centralized, distributed, and virtualized architectures for cable broadband, fixed-line broadband, and wireless networks.

TypePublic
Founded2003
HQAndover, MA, US
Websitecasa-systems.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2021)1,004(+2%)
Job Openings79
Revenue (FY, 2021)$401.3 M(+3%)
Share Price (May 2022)$4.1(+6%)
Cybersecurity ratingCMore
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Key People/Management at Casa Systems

Jerry Guo

Jerry Guo

President & CEO, Chairman of the Board
Lucy Xie

Lucy Xie

SVP, Operations & Director
Weidong Chen

Weidong Chen

Chief Technical Officer
Scott Bruckner

Scott Bruckner

Chief Financial Officer
Steve Collins

Steve Collins

SVP Access Devices
Andrew Gibbs

Andrew Gibbs

Vice President, Wireless Product Management
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Casa Systems Office Locations

Casa Systems has offices in Andover, Guangzhou, Limerick and València
Andover, MA, US (HQ)
100 Old River Rd #100
Guangzhou, CN
10th Floor, Building F, Gaotang Software Park, No. 15 Software Road
Limerick, IE
National Technology Park
València, ES
Edificio Imper, Carrer dels Traginers nº14, Office 12B Polígono Vara de Quart
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Casa Systems Financials and Metrics

Casa Systems Revenue

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Casa Systems's revenue was reported to be $401.33 m in FY, 2021 which is a 2.1% increase from the previous period.
USD

Revenue (FY, 2021)

401.3m

Revenue growth (FY, 2020 - FY, 2021), %

2.1%

Gross profit (FY, 2021)

188.2m

Gross profit margin (FY, 2021), %

46.9%

Net income (FY, 2021)

3.2m

EBIT (FY, 2021)

18.3m

Market capitalization (13-May-2022)

350.0m

Closing stock price (13-May-2022)

4.1

Cash (31-Dec-2021)

154.7m

EV

471.5m
Casa Systems's current market capitalization is $350 m.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

297.1m282.3m393.2m401.3m

Revenue growth, %

(15%)(5%)39%2%

Cost of goods sold

79.2m119.8m192.6m213.1m

Gross profit

218.0m162.5m200.6m188.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

35.5m52.1m81.8m83.6m83.4m105.7m104.3m92.7m99.2m

Cost of goods sold

11.0m12.8m42.6m41.0m40.2m53.2m48.2m47.2m58.6m

Gross profit

24.5m39.3m39.2m42.7m43.1m52.6m56.0m45.5m40.6m

Gross profit Margin, %

69%75%48%51%52%50%54%49%41%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

113.6m157.5m154.7m

Accounts Receivable

93.1m94.1m85.8m

Prepaid Expenses

4.9m3.9m5.7m

Inventories

93.6m101.2m84.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

264.4m130.5m123.6m134.8m149.1m156.2m145.0m168.7m156.5m

Accounts Receivable

50.1m51.7m62.7m55.0m52.9m66.0m92.3m65.6m80.9m

Prepaid Expenses

5.0m4.9m6.7m7.2m5.8m3.7m9.6m7.5m4.5m

Inventories

67.8m74.1m98.2m81.0m86.0m98.5m96.5m95.8m91.9m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(48.2m)24.8m3.2m

Depreciation and Amortization

14.7m18.0m15.7m

Inventories

(21.3m)(9.8m)14.1m

Accounts Payable

1.6m17.0m(12.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(15.3m)(14.0m)(22.5m)1.2m(1.9m)1.6m5.7m2.6m1.7m

Depreciation and Amortization

2.4m4.9m9.9m4.8m9.3m13.7m4.2m8.2m12.0m

Inventories

(17.0m)(23.1m)(25.4m)11.9m6.2m(6.6m)4.6m5.4m9.3m

Accounts Payable

1.2m(7.9m)(5.6m)(9.1m)1.3m13.8m(15.6m)(14.5m)(17.6m)
USDFY, 2018

Revenue/Employee

420.6k
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Casa Systems Operating Metrics

Casa Systems's Customers was reported to be 475 in FY, 2019.
FY, 2017FY, 2018FY, 2019

Countries

757070

Customers

450475475
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Casa Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
NetComm WirelessFebruary 21, 2019$115 m
Casa Communications Holdings Pty Ltd.
Casa Communications Limited
Casa Communications SAS
Casa Communications Technology S.L.
Casa Properties LLC
Casa Systems B.V.
Casa Systems Canada Ltd.
Casa Systems SAS
Casa Systems Securities Corporation
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Casa Systems Revenue Breakdown

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Casa Systems revenue breakdown by business segment: 88.2% from Product and 11.8% from Service

Casa Systems revenue breakdown by geographic segment: 30.4% from Asia-Pacific, 55.1% from North America, 6.9% from Latin America and 7.6% from Europe, Middle East and Africa

Casa Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Casa Systems Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Casa Systems Online and Social Media Presence

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Casa Systems News and Updates

Thinking about buying stock in Aytu Biopharma, Casa Systems, Highpeak Energy, MRC Global, or DocGo?

NEW YORK, April 19, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AYTU, CASA, HPK, MRC, and DCGO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Casa Systems, Vinco Ventures, Nordic American Tanker, Enservco, or Frequency Therapeutics?

NEW YORK, April 18, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CASA, BBIG, NAT, ENSV, and FREQ. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Casa Systems stock rockets after Verizon to take near 10% stake

Shares of Casa Systems Inc. rocketed 49.1% to pace all premarket gainers Monday, after the communications infrastructure company announced that Verizon Communications Inc. will take a 9.9% stake in the company as part of a multi-year purchase contract. Under terms of the contract, Verizon will buy…

Casa Systems Awarded Multi-Year Contract From Verizon

Casa Systems to provide its 5G Core Network Functions to help enable Verizon’s public Mobile Edge Computing service offering

Casa Systems Appoints Edward Durkin as Chief Financial Officer

Durkin brings more than 30 years of financial expertise in the Technology/Software sector to Casa Durkin brings more than 30 years of financial expertise in the Technology/Software sector to Casa

Casa Systems to power Rogers Communications virtual converged cable access platform

Partnership will deliver a superior broadband experience to subscribers Partnership will deliver a superior broadband experience to subscribers
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Casa Systems Frequently Asked Questions

  • When was Casa Systems founded?

    Casa Systems was founded in 2003.

  • Who are Casa Systems key executives?

    Casa Systems's key executives are Jerry Guo, Lucy Xie and Weidong Chen.

  • How many employees does Casa Systems have?

    Casa Systems has 1,004 employees.

  • What is Casa Systems revenue?

    Latest Casa Systems annual revenue is $401.3 m.

  • What is Casa Systems revenue per employee?

    Latest Casa Systems revenue per employee is $399.7 k.

  • Who are Casa Systems competitors?

    Competitors of Casa Systems include Harmonic, Affirmed Networks and Metaswitch Networks.

  • Where is Casa Systems headquarters?

    Casa Systems headquarters is located at 100 Old River Rd #100, Andover.

  • Where are Casa Systems offices?

    Casa Systems has offices in Andover, Guangzhou, Limerick and València.

  • How many offices does Casa Systems have?

    Casa Systems has 4 offices.