Casa systems, inc. reports earnings results for the third quarter ended september 30, 2019

Casa systems, inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced sales was usd 81.816 million compared to usd 71.506 million a year ago. operating loss was usd 8.767 million compared to operating income of usd 22.623 million a year ago. net loss was usd 8.498 million compared to net income of usd 18.897 million a year ago. basic loss per share was usd 0.1 compared to basic earnings per share of usd 0.22 a year ago. diluted loss per share was usd 0.1 compared to diluted earnings per share of usd 0.21 a year ago. for the nine months, sales was usd 169.404 million compared to usd 229.302 million a year ago. operating loss was usd 19.124 million compared to operating income of usd 62.134 million a year ago. net loss was usd 22.546 million compared to net income of usd 58.090 million a year ago. basic loss per share was usd 0.27 compared to basic earnings per share of usd 0.69 a year ago. diluted loss per share was usd 0.27 compared to diluted earnings per share of usd 0.62 a year ago.
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