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, US
Websitecasa-systems.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)997(+35%)
Job Openings38
Revenue (FY, 2019)$282.3 M(-4%)
Share Price (Nov 2020)$4.5 (-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, Senior Vice President, 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, 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 $282.30 m in FY, 2019 which is a 5% decrease from the previous period.
USD

Revenue (Q3, 2020)

105.7m

Gross profit (Q3, 2020)

52.6m

Gross profit margin (Q3, 2020), %

49.7%

Net income (Q3, 2020)

3.5m

EBIT (Q3, 2020)

9.1m

Market capitalization (12-Nov-2020)

375.0m

Closing stock price (12-Nov-2020)

4.5

Cash (30-Sept-2020)

156.2m

EV

510.6m
Casa Systems's current market capitalization is $375 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

351.6m297.1m282.3m

Revenue growth, %

11%(15%)(5%)

Cost of goods sold

93.5m79.2m119.8m

Gross profit

258.1m218.0m162.5m
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, 2019

Cash

260.8m280.6m113.6m

Accounts Receivable

122.6m81.8m93.1m

Prepaid Expenses

5.2m3.8m4.9m

Inventories

36.1m51.0m93.6m
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, 2019

Net Income

88.5m73.0m(48.2m)

Depreciation and Amortization

7.7m9.5m14.7m

Inventories

21.9m(11.1m)(21.3m)

Accounts Payable

(6.5m)4.2m1.6m
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

EV/EBIT

10.7 x

EV/CFO

15.4 x

Revenue/Employee

724.3k

Debt/Equity

5.9 x

Debt/Assets

0.6 x

Financial Leverage

9.4 x

P/E Ratio

68.3
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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

75 70 70

Customers

450 475 475
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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

70/100

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

Casa Systems To Release Third Quarter 2020 Results on Wednesday, October 28, 2020

ANDOVER, Mass., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of cloud-native, virtual and physical infrastructure technology solutions for mobile, cable and fixed telco networks, today announced that it will release its third quarter 2020 results on Wednes…

Casa Systems Previews Cable’s Gigabit Future with Cable-Tec Expo Demos

Key innovations include High Availability vCCAP, Low Latency DOCSIS and a Patent-Pending Technology to Optimize Upstream Bandwidth Key innovations include High Availability vCCAP, Low Latency DOCSIS and a Patent-Pending Technology to Optimize Upstream Bandwidth

Casa Systems (NASDAQ:CASA) Upgraded at BidaskClub

Casa Systems (NASDAQ:CASA) was upgraded by investment analysts at BidaskClub from a "strong sell" rating to a "sell" rating in a research note issued on Saturday, BidAskClub reports.

Casa Systems Powers Distributed Access Architecture Momentum with New Gen 2 Nodes and Multiple Virtual CCAP Wins

Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native, virtual and physical infrastructure technology solutions for mobile, cable and fixed telco networks, today announced the launch of its Distributed Access Architecture (DAA) Gen 2 nodes – the DA2200 and the DA1250 – key additions…

Casa Systems Unveils the First High-Power 5G mmWave CPE

New AurusAI combines stylish, compact design with intelligent, steerable antennas and Gigabit speeds to disrupt the consumer broadband market with new wireless option New AurusAI combines stylish, compact design with intelligent, steerable antennas and Gigabit speeds to disrupt the consumer broadban…

Qualcomm, Casa Systems and Ericsson Achieve World’s First Extended-Range 5G NR Data Call Over mmWave

— Successful Call Over 5G NR mmWave Data Connection Is Farthest Ever Completed at 3.8 Km, Demonstrating mmWave’s Ability to Revolutionize the Broadband Industry with 5G Fixed Wireless Access for Urban, Suburban and Rural Communities —
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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 $282.3 m.

  • What is Casa Systems revenue per employee?

    Latest Casa Systems revenue per employee is $283.1 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.