casa systems is a leading provider of fixed, mobile, optical and wi-fi network solutions for ultra broadband services, which require over 1gbps throughput today and will require 10gbps or more within the next decade. we are focused on and passionate about enabling these services, regardless of access network type. casa systems has defined a new category of software-centric ultra broadband network edge devices that allow cable and mobile service providers to intelligently and cost-effectively scale their networks to meet gigabit demands today. based on disruptive technologies to target the growing market opportunity in interactive digital video and broadband ip services, casa systems provides market-leading, docsis 3.1-enabled ccap and cmts products, universal edgeqam and intelligent video processing solutions for broadcast and unicast services, as well as mobileedge small cell and managed wi-fi solutions. quick facts: • founded in 2003 • headquartered in andover, massachusetts
Company profile
Ticker
CASSQ
Exchange
Website
CEO
Jerry Guo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Casa Communications Limited • Casa Communications Technology S.L. • Casa Properties LLC • Casa Systems B.V. • Casa Systems Canada Ltd. • Casa Systems SAS • Casa Systems Securities Corporation • Guangzhou Casa Communications Ltd • Casa Technologies Limited • Casa Technologies Pty Ltd. ...
CASSQ stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
3 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
2 Apr 24
8-K
Departure of Directors or Certain Officers
28 Mar 24
8-K
Entry into a Material Definitive Agreement
29 Dec 23
8-K
Departure of Directors or Certain Officers
21 Nov 23
S-8
Registration of securities for employees
17 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Casa Systems Reports Third Quarter 2023 Financial Results
7 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
29 Sep 23
S-8
Registration of securities for employees
1 Sep 23
Transcripts
CASSQ
Earnings call transcript
2023 Q3
7 Nov 23
CASSQ
Earnings call transcript
2023 Q2
8 Aug 23
CASSQ
Earnings call transcript
2023 Q1
9 May 23
CASSQ
Earnings call transcript
2022 Q4
14 Mar 23
CASSQ
Earnings call transcript
2022 Q3
6 Nov 22
CASSQ
Earnings call transcript
2023 Q2
8 Aug 22
CASSQ
Earnings call transcript
2022 Q2
7 Aug 22
CASSQ
Earnings call transcript
2022 Q1
7 May 22
CASSQ
Earnings call transcript
2021 Q4
26 Feb 22
CASSQ
Earnings call transcript
2021 Q4
24 Feb 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 49.65 mm | 49.65 mm | 49.65 mm | 49.65 mm | 49.65 mm | 49.65 mm |
Cash burn (monthly) | 5.41 mm | 12.25 mm | 8.27 mm | 9.13 mm | 4.87 mm | 3.24 mm |
Cash used (since last report) | 37.07 mm | 83.85 mm | 56.65 mm | 62.50 mm | 33.34 mm | 22.19 mm |
Cash remaining | 12.58 mm | -34.20 mm | -7.00 mm | -12.85 mm | 16.31 mm | 27.46 mm |
Runway (months of cash) | 2.3 | -2.8 | -0.8 | -1.4 | 3.4 | 8.5 |
Institutional ownership, Q3 2023
60.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 51 |
Opened positions | 6 |
Closed positions | 9 |
Increased positions | 10 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 42.25 bn |
Total shares | 59.68 mm |
Total puts | 100.00 |
Total calls | 16.00 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Summit Partners L P | 34.12 mm | $28.92 bn |
VZ Verizon Communications | 9.33 mm | $66.24 mm |
Alliancebernstein | 4.03 mm | $3.41 bn |
Westerly Capital Management | 3.39 mm | $2.87 bn |
AMP Ameriprise Financial | 2.36 mm | $2.00 bn |
Vanguard | 2.31 mm | $1.96 bn |
BLK Blackrock | 571.41 k | $484.27 mm |
Jacobs Levy Equity Management | 546.49 k | $463.15 mm |
Kennedy Capital Management | 541.42 k | $458.85 mm |
Renaissance Technologies | 437.70 k | $371.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Edward Durkin | Common Stock | Payment of exercise | Dispose F | No | No | 0.53 | 21,656 | 11.48 k | 281,237 |
1 Jan 24 | Edward Durkin | Common Stock | Option exercise | Acquire M | No | No | 0 | 62,500 | 0.00 | 302,893 |
1 Jan 24 | Edward Durkin | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 62,500 | 0.00 | 125,000 |
13 Dec 23 | Scott Bruckner | Common Stock | Option exercise | Acquire M | No | No | 0 | 22,936 | 0.00 | 213,698 |
13 Dec 23 | Scott Bruckner | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 22,936 | 0.00 | 206,422 |
8 Dec 23 | Weidong Chen | Common Stock | Payment of exercise | Dispose F | No | No | 0.54 | 121,366 | 65.54 k | 2,537,046 |
8 Dec 23 | Weidong Chen | Common Stock | Option exercise | Acquire M | No | No | 0 | 366,611 | 0.00 | 2,658,412 |
8 Dec 23 | Weidong Chen | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 23,967 | 0.00 | 0 |
8 Dec 23 | Weidong Chen | RSU Common Stock | Grant | Acquire A | No | No | 0 | 23,967 | 0.00 | 23,967 |
8 Dec 23 | Weidong Chen | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 241,407 | 0.00 | 0 |
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