Casa Systems Inc's Suppliers recorded an increase in sales by 5.39 % year on year in Q3 2023, sequentially sales grew by 0.36 %, Casa Systems Inc's cost of sales deteriorated by -31.46 % year on year, sequentially cost of sales grew by 5.88 % in Q3.
Casa Systems Inc's Suppliers recorded an increase in sales by 5.39 % year on year in Q3 2023, sequentially sales grew by 0.36 %, Casa Systems Inc's cost of sales deteriorated by -31.46 % year on year, sequentially cost of sales grew by 5.88 % in Q3.
We partner with multiple global contract manufacturing companies to manufacture the hardware for our solutions using the designs, components and standards that we specify. We conduct final assembly and quality assurance testing at our in-house and outsourced manufacturing facilities. We believe our combination of in-house and outsourced manufacturing capabilities, assembly and quality assurance testing allows us to maintain consistent and quality product for our customers. We also believe that this manufacturing model enables us to respond quickly to technological changes and supports our engineering goal of being first to market with deployable products. We believe our inventory management enables us to offer shorter times between order and delivery to our customers as compared to our competitors.
Our contract manufacturers purchase the materials and components for our solutions through a variety of major electronics suppliers. While the majority of material and component inputs for our solutions are generally available, since 2020 we have experienced disruption from component shortages and other supply chain issues that have delayed delivery of certain products to our customers and have had a material, adverse effect on our revenue and profitability. Please refer to our Risk Factor on third-party manufacturers, under Risks Related to Supply Chain and Inventory Management.
Casa Systems Inc's Comment on Supply Chain
We partner with multiple global contract manufacturing companies to manufacture the hardware for our solutions using the designs, components and standards that we specify. We conduct final assembly and quality assurance testing at our in-house and outsourced manufacturing facilities. We believe our combination of in-house and outsourced manufacturing capabilities, assembly and quality assurance testing allows us to maintain consistent and quality product for our customers. We also believe that this manufacturing model enables us to respond quickly to technological changes and supports our engineering goal of being first to market with deployable products. We believe our inventory management enables us to offer shorter times between order and delivery to our customers as compared to our competitors.
Our contract manufacturers purchase the materials and components for our solutions through a variety of major electronics suppliers. While the majority of material and component inputs for our solutions are generally available, since 2020 we have experienced disruption from component shortages and other supply chain issues that have delayed delivery of certain products to our customers and have had a material, adverse effect on our revenue and profitability. Please refer to our Risk Factor on third-party manufacturers, under Risks Related to Supply Chain and Inventory Management.
CASA's Suppliers Net profit fell by
CASA's Suppliers Net margin fell in Q3 to
-3.43 %
11.16 %
CASA's Suppliers Net profit fell by -3.43 %
CASA's Suppliers Net margin fell in Q3 to 11.16 %
Casa Systems Inc's Suppliers Sales Growth
in Q3 2023 by Industry
Sources:
Casa Systems Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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