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Casa Systems Inc   (CASA)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $0.0350 $-0.02 -36.364%
Day's High: $0.047 Week Perf: -87.21 %
Day's Low: $ 0.03 30 Day Perf: -91.67 %
Volume (M): 30,080 52 Wk High: $ 1.42
Volume (M$): $ 1,053 52 Wk Avg: $0.68
Open: $0.05 52 Wk Low: $0.03



 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 97
 Employees 1,004
 Revenues (TTM) (Millions $) 249
 Net Income (TTM) (Millions $) -107
 Cash Flow (TTM) (Millions $) -147
 Capital Exp. (TTM) (Millions $) 3

Casa Systems Inc
We assist our CSP customers in transforming and expanding their public and private high-speed data and multi-service communications networks with our physical, virtual, and cloud-native 5G infrastructure and customer premise networking equipment solutions, allowing them to meet the growing demand for bandwidth and new services. Regardless of access method, our core and edge convergence technology enables CSPs and organizations to cost-effectively and dynamically enhance network speed, add bandwidth capacity and new services, minimize network complexity, and cut operational and capital expenses.

Densification. Increasing demand for bandwidth and user expectations for ubiquitous, seamless and reliable connectivity require the addition of more access points at the network edge and at customer premises for users to connect to broadband networks, a transformation also known as network densification. As a result, CSPs across all access technologies are shifting from centralized to more distributed architectures. Densification requires extending network connectivity and distributing access aggregation solutions closer to end users. For cable operators this entails deploying more access aggregation nodes and reducing the size of service groups per node. For wireless operators, particularly in 5G, this will lead to an emphasis on small, versus traditional macro, cells in new network deployments.
Network Convergence. Traditionally service providers have deployed separate, siloed networks to deliver both fixed (cable, fiber or copper DSL) and mobile broadband to their subscribers. To meet the demands of next generation networks and to realize greater cost efficiencies in network deployment and operation, service providers are focused on converging these siloed fixed and mobile core networks into a single converged 5G core. The 5G core will be the heart of the network and act as an anchor point for multi-access technologies to deliver a seamless service experience across fixed and wireless access technologies. 3GPP, the global wireless standards body, has defined a new 5G core architecture that supports service delivery over wireless, fixed or converged networks.
Network virtualization and Cloudification ('Networking as a Service'). Increased consumption of video and other high-bandwidth applications that demand low latency are forcing CSPs to fundamentally rethink their data networks. Network virtualization, in which network software is decoupled from dedicated servers and re-deployed on commodity hardware, was a first step in transforming networks. Virtualization enables several significant benefits to service providers, such as increased operational efficiency, upgradability, configuration flexibility, service agility and scalability. But to meet 5G specifications that call for new or enhanced features, like software-defined networking, multi-access mobile edge computing, and rapid deployment of network slices, additional network architecture modification will be required. We believe that network cloudification is the path forward to solve this challenge, where network functions will be hosted in edge data centers with access delivered through the Internet (public cloud) or via private networks (private cloud). We believe that cloudified networks will provide better support for scalability, agility, innovation, and low latency application and service delivery, as well as the potential for significant cost savings.
Adoption of 5G
Fifth Generation, or 5G, Mobile Networks. 5G, the latest generation of cellular technology, is expected to change the way people live and work. 5G will enable a significant increase in the amount of data transmitted over wireless networks due to more available bandwidth and advanced antenna technology. Engineered to provide speeds higher than 2 Gbps, 5G will also offer improved capacity, scale, latency and reliability. In upgrading to 5G, CSPs will require new core and access infrastructure. By 2026, some estimates predict that 60% of the world's population will be covered by 5G networks, and 5G subscriptions are forecast to grow to 3.5 billion. As a result, we believe that demand from our existing and new customers for our 5G core, access infrastructure and customer premise devices will be an important driver of our growth for the next several years.
5G Fixed Wireless Access, or FWA, likely to become mainstream. A key component of 5G networks will be the promotion of FWA to a more mainstream broadband access medium. FWA services use the mobile network to deliver high-speed fixed broadband connections in areas where there may not be existing high-speed fixed broadband services and where it may not be feasible or cost-effective to deploy other high-speed access technologies such as fixed-line DSL, hybrid fiber coaxial cable, and fiber-to-the-premise. While FWA is not a new broadband technology, until recently the technology was unable to replicate the speed and reliability of fiber broadband. As a result, its deployment was mainly limited to remote communities in under-served rural areas. However, with the introduction of 5G, breakthroughs in FWA technology, and access to millimeter wave spectrum, these technical limitations no longer exist. FWA now has the potential to move from a niche access technology alternative in rural markets to a more mainstream access medium that includes residential suburban and urban markets, as well as enterprise campuses.


   Company Address: 100 Old River Road Andover 1810 MA
   Company Phone Number: 688-6706   Stock Exchange / Ticker: NASDAQ CASA
   


Customers Net Income grew by CASA's Customers Net Profit Margin grew to

36.86 %

17.53 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ADTN   -9.61%    
CLFD   -1.84%    
MINM   -15.67%    
MSI        1.23% 
NTGR        2.27% 
PL   -5.83%    
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Management Announcement

Casa Systems Inc Initiates Major Business Overhaul amid Financial Struggles: A Strategic Move towards Recovery

Published Wed, Apr 3 2024 11:10 AM UTC

Casa Systems: From Chapter 11 Sale to Challenging Returns - Assessing the Impact on the Telco Business
Following a struggling financial performance, Casa Systems Inc has recently initiated a court-supervised Chapter 11 sale process for its businesses. While the company has reached agreements to sell its 5G Mobile Core and RAN assets to Lumine Group, as well as its Cable ...

Partnership

Alef and Casa Systems Collaborate to Usher in a New Era of Simple and Cost-Effective Mobile Private Networks

Published Mon, Feb 26 2024 7:00 AM UTC

Unlocking Opportunities for Mobile Private Networks: Alef and Casa Systems Collaborate for a New Era of Simple and Cost-Effective MPNsIn the ever-evolving landscape of telecommunications, Alef and Casa Systems have recently announced their collaboration to unlock new opportunities for Mobile Private Networks (MPNs). With a tight integration of capabilities, this partnership ...

Product Service News

Casa Systems Enhances Wireless Wireline Convergence with Breakthrough Cloud-Native Solution on AWS

Published Tue, Feb 20 2024 1:30 PM UTC

Casa Systems, a leading provider of cloud-native network solutions, has unveiled a ground-breaking achievement in wireless wireline convergence (WWC). By successfully deploying its virtualized 5G Core control plane function on Amazon Web Services (AWS) using the AWS Region, Casa Systems has extended WWC capabilities to hybrid cloud environments. This development is set to r...

Product Service News

Casa Systems Unveils Groundbreaking AurusXT 5G IIoT Router Series, Tackles Revenue Challenges with Innovation

Published Tue, Jan 9 2024 1:30 PM UTC

Casa Systems Unveils New AurusXT 5G Industrial IoT Router Series Featuring the World's First Dynamic Slicing SupportANDOVER, Mass., Jan. 09, 2024 - Casa Systems, a provider of innovative access network solutions, has announced the launch of the NTC-500 5G Industrial IoT (IIoT) router, the first solution in its AurusXT 5G IIoT Series. This router leverages the speed and cove...

Casa Systems Inc

Decreasing Demand Plagues Company's Earnings: Evanescence of Losses During Q3 2023 Earnings Season



Casa Systems Inc, a provider of cloud-native network solutions, has witnessed significant fluctuations in its share performance over the past week and year. Despite reporting a decrease in loss per share and higher year-on-year revenue, the company faces challenges such as fading revenue, higher losses, and declining inventories. As we delve deeper into the financial results and analyze the impact of these factors, the future of Casa Systems Inc remains uncertain.
Share Performance:
Casa Systems Inc shares surged by 22.32% over the past week, indicating a positive sentiment among investors. However, compared to the previous year, the shares plummeted by a staggering -73.35%. This drastic decline highlights the volatility experienced by the company, raising questions about the factors that contributed to this significant drop.






 

Casa Systems Inc's Segments
 
 
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