Casa Systems (NASDAQ:CASA) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Casa Systems missed estimated earnings by 160.0%, reporting an EPS of $-0.26 versus an estimate of $-0.1.

Revenue was down $19.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 49.0% drop in the share price the next day.

Here's a look at Casa Systems's past performance:

To track all earnings releases for Casa Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.