Casa systems increases 2019 revenue guidance and announces cfo transition
Reases gaap revenue guidance for fiscal year 2019 and announces cfo transition.sees fy 2019 revenue $275 million to $280 million.raising its fiscal year 2019 gaap revenue guidance range from $255 million to $270 million to $275 million to $280 million.maurizio nicolelli, chief financial officer, has notified company of his intention to resign.casa systems - nicolelli has agreed to assist in orderly transition of his cfo responsibilities and will remain with company until january 31, 2020.intends to retain an executive search firm and initiate a search for a permanent cfo.casa systems - also expects to meet or exceed its fy 2019 guidance for gross margin, adjusted ebitda, & gaap & non-gaap diluted net loss per share.board of directors has appointed scott bruckner as interim cfo until a permanent cfo has been appointed.nicolelli's resignation to pursue cfo opportunity outside of communications technology industry.announced that it is raising its fiscal year 2019 gaap revenue guidance range from $255 million to $270 million to $275 million to $280 million.fy2019 revenue view $261.0 million -- refinitiv ibes data.
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