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 Ratings3.2

Latest Updates

Employees (est.) (Dec 2019)997(+35%)
Job Openings66
Revenue (FY, 2020)$393.2 M(+40%)
Share Price (Jul 2021)$7.8(-1%)
Cybersecurity ratingCMore

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 $393.25 m in FY, 2020
USD

Revenue (FY, 2020)

393.2m

Gross profit (FY, 2020)

200.6m

Gross profit margin (FY, 2020), %

51%

Net income (FY, 2020)

24.8m

EBIT (FY, 2020)

24.2m

Market capitalization (22-Jul-2021)

664.1m

Closing stock price (22-Jul-2021)

7.8

Cash (31-Dec-2020)

157.5m

EV

797.9m
Casa Systems's current market capitalization is $664.1 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

351.6m297.1m282.3m393.2m

Revenue growth, %

11%(15%)(5%)

Cost of goods sold

93.5m79.2m119.8m192.6m

Gross profit

258.1m218.0m162.5m200.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

89.1m68.7m71.5m35.5m52.1m81.8m83.6m83.4m105.7m

Cost of goods sold

27.1m19.3m14.6m11.0m12.8m42.6m41.0m40.2m53.2m

Gross profit

62.0m49.4m56.9m24.5m39.3m39.2m42.7m43.1m52.6m

Gross profit Margin, %

70%72%80%69%75%48%51%52%50%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

260.8m280.6m113.6m157.5m

Accounts Receivable

122.6m81.8m93.1m94.1m

Prepaid Expenses

5.2m3.8m4.9m3.9m

Inventories

36.1m51.0m93.6m101.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

307.1m342.9m308.4m264.4m130.5m123.6m134.8m149.1m156.2m

Accounts Receivable

88.9m70.9m79.8m50.1m51.7m62.7m55.0m52.9m66.0m

Prepaid Expenses

3.9m4.7m3.6m5.0m4.9m6.7m7.2m5.8m3.7m

Inventories

29.4m33.7m41.2m67.8m74.1m98.2m81.0m86.0m98.5m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

88.5m73.0m(48.2m)24.8m

Depreciation and Amortization

7.7m9.5m14.7m18.0m

Inventories

21.9m(11.1m)(21.3m)(9.8m)

Accounts Payable

(6.5m)4.2m1.6m17.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

17.8m39.2m58.1m(15.3m)(14.0m)(22.5m)1.2m(1.9m)1.6m

Depreciation and Amortization

2.3m4.7m7.0m2.4m4.9m9.9m4.8m9.3m13.7m

Inventories

7.7m3.1m(3.3m)(17.0m)(23.1m)(25.4m)11.9m6.2m(6.6m)

Accounts Payable

1.6m3.2m4.3m1.2m(7.9m)(5.6m)(9.1m)1.3m13.8m
USDFY, 2017

Revenue/Employee

724.3k

Debt/Equity

5.9 x

Debt/Assets

0.6 x

Financial Leverage

9.4 x
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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
C10 Communications Pty Ltd
Call Direct Cellular Solutions 2003 Pty Ltd
Casa Communications Holdings Pty Ltd
Casa Communications Limited
Casa Communications Technology S.L.
Casa Properties LLC
Casa Systems B.V.
Casa Systems Canada Ltd.
Casa Systems SAS
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Casa Systems Revenue Breakdown

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Casa Systems revenue breakdown by geographic segment: 49.6% from North America, 8.5% from Latin America, 13.5% from Europe, Middle East and Africa and 28.4% from Asia-Pacific

Casa Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Casa Systems Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Casa Systems Online and Social Media Presence

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Casa Systems News and Updates

Casa Systems Extends Strategic Collaboration with Red Hat to Drive 5G Adoption

Casa Systems’ 5G core built on Red Hat OpenShift disrupts legacy network architectures opening up new service opportunities for service providers and enterprises

Casa Systems Extends 5G Standalone Core Availability to Google Cloud’s Anthos

ANDOVER, Mass., June 09, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced a new partnership with Google Cloud and the delivery of its cloud-native 5G Standalone (…

2021 Report on the Worldwide 5G Network Infrastructure Industry - Featuring Altiostar Networks, Casa Systems and Cisco Among Others

Dublin, April 23, 2021 (GLOBE NEWSWIRE) -- The "Global 5G Network Infrastructure Market 2020 - A Benchmark of the Top 20 Companies: Frost Radar Report" report has been added to ResearchAndMarkets.com's offering.

Casa Systems Unveils Revolutionary 5G O-RAN Mid-Band Radio

ANDOVER, Mass., March 08, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) today announced the launch of its new O-RAN mid-band radio, the ApexÔ 5G Evo, the latest addition to its industry-leading 5G wireless solution portfolio built for today’s public and private networks. This revoluti…

Casa Systems Reports Fourth Quarter 2020 and Full Year 2020 Financial Results

Full Year Results Exceed Prior Revised Guidance RangeRecord Full Year and Q4 Revenue and Gross ProfitRecord FY and Q4 Wireless Revenue2021 Guidance Reflecting Double-Digit Top-Line and EBITDA Growth

Casa Systems To Release Fourth Quarter and Full Year 2020 Results on Thursday, February 18, 2021

ANDOVER, Mass., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of cloud-native, virtual and physical infrastructure technology solutions for wireless and wireline communications networks, today announced that it will release its fourth quarter and full year …
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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 997 employees.

  • What is Casa Systems revenue?

    Latest Casa Systems annual revenue is $393.2 m.

  • What is Casa Systems revenue per employee?

    Latest Casa Systems revenue per employee is $394.4 k.

  • Who are Casa Systems competitors?

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

  • 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.