Alef and Casa Systems Join Forces to Unlock Opportunity for Mobile Private Networks
- Tight Integration of Capabilities Ushers in New Era of Simple, Cost-Effective MPN with Enterprise-Friendly Authentication, Security and Policy Management Tight Integration of Capabilities Ushers in New Era of Simple, Cost-Effective MPN with Enterprise-Friendly Authentication, Security and Policy Management
- 02/26/2024
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Casa Systems Named “Global IoT Innovation Vendor of the Year” in 8ᵗʰ Annual IoT Breakthrough Awards Program
- Prestigious Annual IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies and Products Prestigious Annual IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies and Products
- 01/11/2024
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Casa Systems Unveils New AurusXT 5G Industrial IoT Router Series Featuring the World's First Dynamic Slicing Support
- ANDOVER, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of innovative access network solutions serving customers worldwide, today announced the launch of the first solution in its AurusXT 5G Industrial IoT (IIoT) Series, the NTC-500 5G IIoT router, which leverages the speed and coverage of a 5G network to provide high-speed Ethernet-to-cellular connectivity. Casa's NTC-500 is the first 5G IIoT router to support dynamic network slicing capabilities, allowing operators to provide new and tailored services to their enterprise customers.
- 01/09/2024
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Casa Systems Appoints Former Google Executive Santanu Dasgupta as Chief Technology Officer
- Telco, cloud, and networking veteran with extensive global experience will help Casa Systems drive digital transformation of the telecom industry through software and cloud-centric focus Telco, cloud, and networking veteran with extensive global experience will help Casa Systems drive digital transformation of the telecom industry through software and cloud-centric focus
- 01/04/2024
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New Strong Sell Stocks for December 27th
- BBW, CASA and CENTA have been added to the Zacks Rank #5 (Strong Sell) List on December 27, 2023.
- 12/27/2023
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Casa Systems Appoints Former Cisco Executive Sanjay Kaul as Chief Revenue Officer; Chief Customer Officer Alfred de Cárdenas to Retire at End of Year
- Telecom, IT and enterprise veteran joins Casa Systems as it accelerates its focus on software-centered telecom and brings proven track record of executing complex business transformation Telecom, IT and enterprise veteran joins Casa Systems as it accelerates its focus on software-centered telecom and brings proven track record of executing complex business transformation
- 11/27/2023
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New Strong Sell Stocks for November 24th
- CASA, CASS and MRBK have been added to the Zacks Rank #5 (Strong Sell) List on November 24, 2023.
- 11/24/2023
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Casa Systems Sets Cable Industry Milestone with DOCSIS 4.0 Extended Spectrum Breakthrough
- ANDOVER, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a market leader in cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announced that Casa Systems' Virtual CCAP (vCCAP), coupled with the company's RPD200 (Remote PHY Device) solution, has secured a world's first in performance that enables cable modems to achieve full utilization of the extended spectrum available via the DOCSIS 4.0 specification at the recent CableLabs ® and Kyrio ® Interop·Labs DOCSIS 4.0 Technology event. This successful demonstration showcased the interoperability of Casa Systems' vCCAP and RPD solution with third-party DOCSIS 4.0 cable modems achieving remarkable extended spectrum utilization - up to 1.8 GHz downstream and 396 MHz upstream. This breakthrough not only marks a significant stride in technological innovation but also provides operators with unparalleled flexibility to deploy multi-gigabit broadband services, paving the way for the 10G era.
- 11/21/2023
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Casa Systems, Inc. (CASA) Q3 2023 Earnings Call Transcript
- Casa Systems, Inc. (CASA) Q3 2023 Earnings Call Transcript
- 11/07/2023
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YTL Communications' 5G Core Powered by Casa Systems' Cloud-Native NFV Solutions Wins Second Consecutive Ookla Speedtest Award for Fastest Mobile Network in Malaysia
- YTL Communications' 5G mobile network powered by Casa Systems follows up 2022 win with a repeat win in 2023 Casa's LTE network and cloud-native 5G core help YTLC lead Malaysia's digital transformation Cloud-native architecture featuring control and user plane separation provides unrivaled 5G network performance ANDOVER, Mass., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of cloud native network solutions serving Tier 1 and regional service providers worldwide, today announced that for the second consecutive year, YTL Communications (YTLC), operating its service brand “Yes”, has won the Ookla Speedtest Award for Fastest Mobile Network (All Technologies) in Malaysia.
- 10/30/2023
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Casa Systems to Release Third Quarter 2023 Results on November 7, 2023
- ANDOVER, Mass., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its third quarter 2023 results on Tuesday, November 7, 2023 after the close of the U.S. financial markets.
- 10/19/2023
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Casa Systems' Axyom® Virtual Converged Cable Access Platform (vCCAP) Achieves Unprecedented Combination of Speed, Capacity, and Power Savings with Intel's 4th Generation Xeon® Scalable Processors
- ANDOVER, Mass., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announced its Axyom® virtual Converged Cable Access Platform (vCCAP) with Intel's 4th Generation Xeon Scalable Processors achieved a 65% increase in capacity and 7x increase in density while simultaneously demonstrating significant power savings over previous generation vCCAP solutions. This unprecedented combination of performance characteristics further extends the advantage that cable operators moving to virtualized solutions hold over competitors remaining committed to legacy systems.
- 10/18/2023
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Casa Systems to Showcase Cloud-Native Technologies Delivering the Future of Broadband at SCTE Cable-Tec 2023
- ANDOVER, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), provider of cloud-native network solutions serving Tier 1 and regional service providers worldwide, today announced it will showcase its industry-leading, cloud-native core solutions and access devices powering the future of broadband at SCTE Cable-Tec 2023. At this preeminent broadband telecommunications event, Casa Systems will exhibit an array of broadband solutions that accelerate the path to 10G, enable greater network capacity, deliver superior performance, and improve business agility for operators.
- 10/17/2023
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UScellular Selects Casa Systems for Self-Install 5G Outdoor Fixed Wireless Access Devices
- Wireless operator to leverage Casa Systems' new AurusLINK self-install outdoor device to extend reliable broadband internet service to homes, businesses, and other locations across the United States Wireless operator to leverage Casa Systems' new AurusLINK self-install outdoor device to extend reliable broadband internet service to homes, businesses, and other locations across the United States
- 09/11/2023
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Casa Systems Announces Awarding of Inducement Grant to New Chief Product Officer
- ANDOVER, Mass., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a leading global provider of cloud-native software and broadband access, cable and cloud technology solutions for the world's leading communication service providers, today announced that the Compensation Committee of the Company's Board approved the grant of an inducement award to Colin Kincaid, the Company's new Chief Product Officer, as an inducement material to his entry into employment with Casa in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement grant was made effective as of and contingent upon the commencement of Kincaid's employment with Casa on September 1, 2023, and consists of 1,000,000 restricted stock units, or RSUs. The RSUs vest in equal installments over four years starting on September 1, 2024, such that the RSUs will be fully vested on September 1, 2027, subject to Kincaid's continued service with the Company through each such vesting date.
- 09/08/2023
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Casa Systems (CASA) Reports Q2 Loss, Misses Revenue Estimates
- Casa Systems (CASA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago.
- 08/08/2023
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Casa Systems, Inc. (CASA) Q1 2023 Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA ) Q1 2023 Results Conference Call May 9, 2023 6:00 PM ET Company Participants Dennis Daly - Investor Relations Ed Durkin - Chief Financial Officer and Interim Chief Executive Officer Conference Call Participants Simon Leopold - Raymond James Tim Savageaux - Northland Capital Markets Operator Hello, and welcome to the Casa Systems First Quarter 2023 Earnings Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.
- 05/13/2023
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Casa Systems (CASA) Reports Q1 Loss, Lags Revenue Estimates
- Casa Systems (CASA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.35 per share a year ago.
- 05/09/2023
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Casa Systems to Release First Quarter 2023 Results on May 9, 2023
- ANDOVER, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its first quarter 2023 results on Tuesday, May 9, 2023 after the close of the U.S. financial markets.
- 04/27/2023
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Top 5 Tech Stocks That Could Blast Off - Casa Systems (NASDAQ:CASA), DZS (NASDAQ:DZSI)
- The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
- 03/31/2023
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Casa Systems: The Sell-Off Is Overdone
- Casa reported Q4 earnings last week that were slightly above expectations and showed a small profit. Despite that, the stock price has tanked 63% on low volume since then. Casa needs to refinance its debt by the end of the year. It also forecasted 2023 revenue below analyst expectations. Both of these issues are weighing on the stock.
- 03/20/2023
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Casa Systems (CASA) Q4 Earnings and Revenues Beat Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 155.56% and 1.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/14/2023
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Casa Systems, Inc. (CASA) Q4 2022 Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA ) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ET Company Representatives Jerry Guo - Chief Executive Officer Ed Durkin - Chief Financial Officer Dennis Dailey - Director of Investor Relations Conference Call Participants Simon Leopold - Raymond James Tim Savageaux - Northland Capital Markets Operator Hello! And welcome to Casa Systems Q4 2022 Earnings Conference Call and Webcast.
- 03/14/2023
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Casa Systems to Release Fourth Quarter and Full Year 2022 Results on March 14, 2023
- ANDOVER, Mass., March 07, 2023 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its fourth quarter and full year 2022 results on Tuesday, March 14, 2023 after the close of the U.S. financial markets.
- 03/07/2023
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Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains
- Shares in Charter Communications tumbled on its plans to hike capital spending while network equipment supplier Harmonic jumped on the news. The post Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains appeared first on Investor's Business Daily.
- 12/14/2022
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Casa Systems, Inc. (CASA) Q3 2022 Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Dennis Dailey – Director of Corporate Development and Investor Relations Jerry Guo – Chief Executive Officer Ed Durkin – Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to Casa Systems Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
- 11/06/2022
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Casa Systems to Release Third Quarter 2022 Results on November 3, 2022
- ANDOVER, Mass., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its third quarter 2022 results on Thursday, November 3, 2022 after the close of the U.S. financial markets.
- 10/13/2022
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q2 2022 Results - Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Michael Picariello – Director-Investor Relations Jerry Guo – Chief Executive Officer Ed Durkin – Chief Financial Officer Conference Call Participants Victor Chiu – Raymond James Operator Greetings and welcome to Casa Systems Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 08/07/2022
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Casa Systems (CASA) Reports Q2 Loss, Misses Revenue Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 6.25% and 5.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2022
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q1 2022 Results - Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Representatives Jerry Guo - Chief Executive Officer Ed Durkin - Chief Financial Officer Jackie Marcus - Alpha IR Group Conference Call Participants Tim Long - Barclays Simon Leopold - Raymond James Garrett Hinds - Macquarie Operator Greetings! And welcome to Casa Systems, First Quarter 2022 Earnings Call.
- 05/07/2022
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Why Casa Systems Stock Got Crushed Today
- Investors reacted to a sharp drop in revenue and management's decision to pull its 2022 guidance.
- 05/05/2022
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Casa Systems (CASA) Reports Q1 Loss, Lags Revenue Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of -775% and 26.32%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2022
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Casa Systems to Release First Quarter 2022 Results on May 4, 2022
- ANDOVER, Mass., April 20, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its first quarter 2022 results on Wednesday, May 4, 2022 after the close of the U.S. financial markets.
- 04/20/2022
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Casa receives multi-year purchase contract from Verizon; stock jumps 70%
- Casa Systems Inc. (NASDAQ: CASA) stock is up 70% after announcing a multi-year purchase from Verizon (NYSE: VZ). Additionally, Verizon is expected to invest around $40 million in Casa Systems' common shares, which will result in a 9.9% ownership interest.
- 04/19/2022
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Casa Systems: A Massive Vote Of Confidence From Verizon Communications
- The management team at Casa Systems announced a major contract with and investment from Verizon Communications. This transaction adds immediate value to Casa Systems and generated a nice return for Verizon.
- 04/19/2022
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Verizon Just Made a Big Bet on Casa Systems (CASA) Stock. Here's Why.
- CASA stock is in the spotlight after it was announced that Verizon had acquired a 9.9% stake in the 5G services company. The post Verizon Just Made a Big Bet on Casa Systems (CASA) Stock.
- 04/18/2022
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Best Penny Stocks to Watch as CASA Stock Explodes
- Here's what you need to know about trading penny stocks this week The post Best Penny Stocks to Watch as CASA Stock Explodes appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 04/18/2022
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Casa Systems stock rockets after Verizon to take near 10% stake
- Shares of Casa Systems Inc. CASA, -1.02% rocketed 49.1% to pace all premarket gainers Monday, after the communications infrastructure company announced that Verizon Communications Inc. VZ, -0.57% will take a 9.9% stake in the company as part of a multi-year purchase contract. Under terms of the contract, Verizon will buy $40 million worth of Casa stock, and Casa will provide its 5G Core Network Functions to Verizon.
- 04/18/2022
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Why Casa Shares Are Soaring Today
- Casa Systems Inc (NASDAQ: CASA) won a multi-year purchase contract from Verizon Communications Inc (NYSE: VZ). Verizon looks to invest $40 million in Casa shares, resulting in a 9.9% ownership stake.
- 04/18/2022
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q4 2021 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q4 2021 Results - Earnings Call Transcript
- 02/26/2022
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Casa Systems (CASA) Q4 Earnings and Revenues Beat Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 40% and 1.15%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/24/2022
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Casa Systems to Release Fourth Quarter 2021 Results on February 24, 2022
- ANDOVER, Mass., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, will release its fourth quarter 2021 results on Thursday, February 24, 2022 after the close of the U.S. financial markets.
- 02/14/2022
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Earnings Preview: Casa Systems (CASA) Q4 Earnings Expected to Decline
- Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/10/2022
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New Strong Sell Stocks for December 1st
- ALX, CASA, KELYA, WWW, and ORC have been added to the Zacks Rank #5 (Strong Sell) List on December 1, 2021.
- 12/01/2021
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Casa Systems to Announce Multi-Year Transformation Toward Software and Cloud at Investor Day
- ANDOVER, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native and physical infrastructure technology solutions for wireless, cable and fixed broadband networks, will host its 2021 Virtual Investor Day today. The event can be found at https://investors.casa-systems.com and will begin at 9 a.m. Eastern Standard Time followed by a Q&A session with key executives.
- 11/19/2021
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Discard These 4 Toxic Stocks to Prevent Painful Losses
- Owning toxic stocks for a long period of time can be detrimental to investors and may result in huge erosion of wealth. It's time to cut ties with toxic stocks like CASA, SRI, SHAK and ASAI.
- 11/08/2021
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New Strong Sell Stocks for November 8th
- PRTS, CASA, LAWS, PLTK, and ZG have been added to the Zacks Rank #5 (Strong Sell) List on November 8, 2021
- 11/08/2021
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q3 2021 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q3 2021 Results - Earnings Call Transcript
- 11/02/2021
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Casa Systems to Release Third Quarter 2021 Results on November 2, 2021
- ANDOVER, Mass., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, today announced that it will release its third quarter 2021 results on Tuesday, November 2, 2021 after the close of the U.S. financial markets.
- 10/19/2021
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Mediacom Communications taps Casa Systems' fixed wireless and packet core solutions to expand availability of high-speed broadband connectivity in hard-to-reach communities
- Innovative wireless + cable solution extends the reach of network infrastructure delivering reliable, high-speed broadband services to previously hard-to-reach homes and businesses Innovative wireless + cable solution extends the reach of network infrastructure delivering reliable, high-speed broadband services to previously hard-to-reach homes and businesses
- 10/04/2021
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Casa Systems to Power Bell Canada's 5G Fixed Wireless Access
- New 5G Outdoor CPE for Bell's rural Wireless Home Internet service New 5G Outdoor CPE for Bell's rural Wireless Home Internet service
- 08/02/2021
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q2 2021 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q2 2021 Results - Earnings Call Transcript
- 07/29/2021
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Casa Systems (CASA) Q2 Earnings Lag Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of -66.67% and 2.43%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2021
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Casa Systems Reports Second Quarter 2021 Financial Results
- Double-digit Revenue Growth Driven by Strong Wireless Demand
- 07/29/2021
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Casa Systems to Release Second Quarter 2021 Results on Thursday, July 29, 2021
- ANDOVER, Mass., July 15, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, today announced that it will release its second quarter 2021 results on Thursday, July 29th, 2021 after the close of the U.S. financial markets.
- 07/15/2021
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Casa Systems (CASA) Upgraded to Buy: What Does It Mean for the Stock?
- Casa Systems (CASA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 06/29/2021
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Casa Systems Extends 5G Standalone Core Availability to Google Cloud's Anthos
- ANDOVER, Mass., June 09, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced a new partnership with Google Cloud and the delivery of its cloud-native 5G Standalone (SA) Core on Google Cloud's Anthos for single pane-of-glass management. Working closely with engineers in Google Cloud's ISV/SaaS Centre of Excellence, the field-tested solution successfully demonstrated the power of control and user plane separation of Casa Systems' cloud-based 5G SA Core across hundreds of miles, driving down application latency to 10 milliseconds and reducing the end-to-end delivery cost up to 25% using local application hosting.
- 06/09/2021
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q1 2021 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q1 2021 Results - Earnings Call Transcript
- 05/02/2021
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CASA Stock: From $9.34 To $7.84 Explanation
- The stock price of Casa Systems Inc (NASDAQ: CASA) fell from $9.34 to $7.84 (down 16.01%) yesterday. This is why it happened.
- 05/01/2021
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Casa Systems (CASA) Q1 Earnings and Revenues Surpass Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 450.00% and 11.25%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2021
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Casa Systems Reports First Quarter 2021 Financial Results
- Double-digit Revenue Growth, year-over-year
- 04/29/2021
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Casa Systems to Release First Quarter 2021 Results on Thursday, April 29, 2021
- ANDOVER, Mass., April 15, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced that it will release its first quarter 2021 results on Thursday, April 29th, 2021 after the close of the U.S. financial markets.
- 04/15/2021
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Wall Street's top analysts see these stocks as compelling plays
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like EverQuote and Zoominfo Technologies
- 03/14/2021
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Strength Seen in Casa Systems (CASA): Can Its 12.3% Jump Turn into More Strength?
- Casa Systems (CASA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 03/12/2021
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Casa Systems Unveils Revolutionary 5G O-RAN Mid-Band Radio
- ANDOVER, Mass., March 08, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) today announced the launch of its new O-RAN mid-band radio, the ApexÔ 5G Evo, the latest addition to its industry-leading 5G wireless solution portfolio built for today's public and private networks. This revolutionary new indoor radio solution is the first to provide simultaneous use of multiple mid-band channels enabling service providers to increase coverage, boost data speeds and deliver multi-gigabit 5G user experiences to both consumers and enterprises.
- 03/08/2021
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Why Casa Systems Stock Soared More Than 50% Friday
- The network infrastructure specialist posted analyst-stumping results in the fourth quarter.
- 02/19/2021
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CASA Stock Price Increases Over 30% Pre-Market: Why It Happened
- The stock price of Casa Systems Inc (NASDAQ: CASA) is trading at over 30% pre-market today. This is why it happened.
- 02/19/2021
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q4 2020 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q4 2020 Results - Earnings Call Transcript
- 02/18/2021
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Casa Systems (CASA) Surpasses Q4 Earnings and Revenue Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 145.45% and 11.39%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/18/2021
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Casa Systems: Q4 Earnings Insights
- Shares of Casa Systems (NASDAQ:CASA) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 80.00% year over year to $0.27, which beat the estimate of $0.11.
- 02/18/2021
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Casa Systems Reports Fourth Quarter 2020 and Full Year 2020 Financial Results
- Full Year Results Exceed Prior Revised Guidance Range Record Full Year and Q4 Revenue and Gross Profit Record FY and Q4 Wireless Revenue 2021 Guidance Reflecting Double-Digit Top-Line and EBITDA Growth
- 02/18/2021
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Casa Systems To Release Fourth Quarter and Full Year 2020 Results on Thursday, February 18, 2021
- ANDOVER, Mass., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) a leading provider of cloud-native, virtual and physical infrastructure technology solutions for wireless and wireline communications networks, today announced that it will release its fourth quarter and full year 2020 results on Thursday, February 18th, 2021 after the close of the U.S. financial markets.
- 02/04/2021
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Casa Systems Advances Its vBNG Leadership by Joining the Telecom Infra Project's OpenBNG Initiative
- New Standard for Open and Disaggregated Broadband Network Gateways will Drive Creation of High-Performance, Next-Generation Networks
- 12/11/2020
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Casa Systems to accelerate and scale IoT deployments with Software AG Cumulocity IoT partnership
- Combination simplifies the connection and management of a wide range of industrial IoT devices with real-time data analysis to unlock new revenue streams for service providers Combination simplifies the connection and management of a wide range of industrial IoT devices with real-time data analysis to unlock new revenue streams for service providers
- 12/08/2020
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TIM, Ericsson and Qualcomm Set World Record for Long Distance Speed With 5G mmWave Applied to FWA
- The companies, in collaboration with Casa Systems, have for the first time reached on mmWave frequencies the speed of 1 Gbps over a 6.5 km distance from the radio antenna The companies, in collaboration with Casa Systems, have for the first time reached on mmWave frequencies the speed of 1 Gbps over a 6.5 km distance from the radio antenna
- 12/04/2020
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q3 2020 Results - Earnings Call Transcript
- Casa Systems, Inc. (CASA) CEO Jerry Guo on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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Needham Maintains Their Hold Rating on Casa Systems (CASA) - Markets
- Needham analyst Richard Valera maintained a Hold rating on Casa Systems (CASA – Research Report) today. The company’s shares closed
- 08/03/2020
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Casa Systems, Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Casa Systems, Inc. in conjunction with their 2020 Q2 earnings call..
- 08/02/2020
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Casa Systems, Inc's (CASA) CEO Jerry Guo on Q2 2020 Results - Earnings Call Transcript
- Casa Systems, Inc (NASDAQ:CASA) Q2 2020 Earnings Conference Call July 30, 2020 05:00 pm ET Company Participants Jackie Marcus - Investor Relations Jerry Guo - President and Chief Executive Officer Scott Bruckner - Interim Chief Financial Officer and Senior Vice President, Strategy and Corporate Development Conference Call Participants Erik Lapinski - Morgan Stanley Bharat Daryani - JP Morgan Tim Savageaux - Northland Capital Markets Presentation Operator Greetings and welcome to the Casa Systems Second Quarter 2020 Financial Results Conference Call.
- 08/02/2020
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Casa Systems (CASA) Tops Q2 Earnings and Revenue Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of 125.00% and 4.85%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2020
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Casa Systems Reports Second Quarter 2020 Financial Results
- Continued Strong Top-Line Performance with Significant Increase in Wireless Backlog Generated $15.5 Million in Free Cash Flow and Achieved Operating Income of $1.3 MillionANDOVER, Mass., July 30, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced its financial results for its second quarter ended June 30, 2020.Second Quarter 2020 Financial & Operational Highlights * Revenue of $83.4 million. * Gross margin of 51.7% driven by strong demand for hardware. * GAAP net loss of $(3.0) million or $(0.04) per fully diluted share. * Non-GAAP net income of $0.7 million or $0.01 per fully diluted share. * Adjusted EBITDA of $9.4 million."The strong momentum in our performance continued during the second quarter of 2020 as we progress along our strategic and operational objectives,” said Jerry Guo, Casa Systems’ President and Chief Executive Officer. "Our revenues exceeded our expectations and our wireless backlog grew by 224% to $84.8 million during the second quarter. These results are indicative of continued robust demand for products in our key growth areas. We remain committed to providing our customers with the critical infrastructure they need to meet the growing demand for connectivity in this unprecedented environment. We are improving results from our ongoing efforts to grow revenue and expand our footprint with our diverse product mix. We are confident that we are setting the stage for long-term, profitable growth through our expanding customer base and product diversity.”Scott Bruckner, Casa Systems’ Interim Chief Financial Officer, added, “In our first full quarter under the global pandemic, we saw strong results for Casa as we drove profitability and generated meaningful free cash flow, while continuing to diversify our revenues. We also grew our backlog as the result of strong wireless and fixed telco product demand. We have the financial flexibility needed to meet the demand for our products, and we continue to work with our supply chain partners and contract manufacturers in an effort to meet delivery schedules for expanded order volume. As we add new customers, further diversify our product mix, and sustain our reduced cost structure, we will continue to deliver profitable growth.”To supplement our financial results presented in accordance with Generally Accepted Accounting Principles (GAAP), we are presenting non-GAAP financial measures in this press release. A reconciliation of GAAP to non-GAAP measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures”.Financial OutlookFor the fiscal year 2020 we continue to expect: * Revenue between $340 million and $360 million * Gross Margin in a range of 50% and 60% * GAAP net loss between $4 million and $14 million * Adjusted EBITDA between $33 million and $43 million * GAAP diluted net loss per share between $(0.04) and $(0.16) and Non-GAAP diluted net income per share between $0.00 and $0.12Guidance for non-GAAP financial measures excludes acquisition costs and other non-recurring expenses, which are one-time non-recurring charges; stock-based compensation, which is a non-cash charge; adjustments to the tax provision for the CARES Act; and the resulting tax effect of these excluded items. We have not reconciled the non-GAAP metrics as to which we provide guidance to their most directly comparable GAAP metrics because certain items that impact these excluded measures are uncertain, out of our control and/or cannot be reasonably calculated or predicted at this time. Accordingly, a reconciliation of the non-GAAP financial metrics included in our guidance to the corresponding GAAP measures is not available without unreasonable effort.Conference Call InformationCasa Systems is hosting a conference call for analysts and investors to discuss the financial results for its first quarter ended June 30, 2020, and its business outlook at 5:00 p.m. Eastern Standard Time today, July 30, 2020. The conference call can be heard via webcast in the investor relations section of our website at http://investors.casa-systems.com, or by dialing 877-407-4019 in the United States or 201-689-8337 from international locations. Callers should ask to be joined to the Casa Systems call. Shortly after the conclusion of the conference call, a replay of the audio webcast will be available in the investor relations section of our website for 90 days after the event.Safe Harbor StatementThis press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release, including statements regarding the projected results of operations and financial position of Casa Systems, Inc. (“Casa” or the “Company”), including financial targets, business strategy, and plans and objectives for future operations, are forward-looking statements. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “target”, “should”, “would”, and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We have based these forward-looking statements on our estimates and assumptions of our financial results and our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs as of the date of this press release. A number of important risk factors could cause actual results to differ materially from the results described, implied or projected in these forward-looking statements. These factors include, without limitation: (1) any failure by us to successfully anticipate technological shifts, market needs and opportunities, and develop new products and product enhancements that meet those technological shifts, needs and opportunities; (2) the concentration of a substantial portion of our revenue in our CCAP solutions and in certain customers; (3) fluctuations in our revenue due to timing of large orders and seasonality; (4) the length and lack of predictability of our sales cycle; (5) any difficulties we may face in expanding our platform into the wireless market; (6) any failure to fully realize anticipated synergies from our acquisition of NetComm; and (7) other factors discussed in the “Risk Factors” section of our public reports filed with the SEC, including our most recent Quarterly Report on Form 10-Q, which is on file with the SEC and available in the investor relations section of our website at http://investors.casa-systems.com and on the SEC’s website at www.sec.gov. In addition, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements that we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as predictions of future events. We disclaim any obligation to update publicly or revise any forward-looking statements for any reason after the date of this press release. Any reference to our website address in this press release is intended to be an inactive textual reference only and not an active hyperlink.COVID-19The emergence of the coronavirus disease in 2019, or COVID-19, around the world, and particularly in the United States and China, and the accompanying responses of governments and businesses to the pandemic present various risks to us, not all of which we are able to fully evaluate or even to foresee at the current time. While the COVID-19 pandemic did not materially adversely affect our financial results, business operations or liquidity in the quarter ended June 30, 2020, economic and health conditions in the United States and across most of the globe changed rapidly during, and are continuing to change after the end of the quarter. Globally to date, all aspects of our business remain fully operational, our work from home contingency plans have been implemented and are operating successfully. The pandemic has resulted in increased demand for certain of our products and resulting order volumes have created additional pressure on our supply chain. To date, while the increased demand has not resulted in any material delays to our production cycle, we continue to work with our supply chain and contract manufacturers in an effort to ensure continued availability of all anticipated inventory requirements. However, we cannot at this time predict whether, or to what extent, our efforts will be successful. Additionally, we saw decreases in certain operating expenses, such as travel and trade show expense, during the three months ended June 30, 2020 due to the COVID-19 pandemic that we cannot ensure will be maintained. We intend to continue to monitor our business very closely for any effects of COVID-19 for as long as necessary on an ongoing basis.
- 07/30/2020
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Orange Demos Dynamic, Self-Healing 5G Network Slice Management with HPE and Casa Systems
- Demonstration with Robot Highlights the Ability for Orange’s 5G Network to Automatically Create Dedicated Network Slices for Latency-Sensitive Business ApplicationsPARIS, July 23, 2020 (GLOBE NEWSWIRE) -- Hewlett Packard Enterprise (HPE) today announced an innovative technical demonstration of automated 5G network slice orchestration conducted with Orange and Casa Systems (Nasdaq:CASA). Creatively illustrated using a kit robot, the demo highlights the expanding use cases and service agility needed to support 5G business applications, including location-based, telemetry, IoT, edge computing and more that will require low-latency for both the uplink and downlink. In collaboration with HPE and Casa Systems, Orange demonstrated the ability for a cloud-native 5G core network to recognize quality-of-service (QoS) degradations on a common network slice for a mission-critical service or application with specific service level agreement (SLA) parameters and automatically self-correct by creating a new dedicated network slice on-demand.“Our robot demo underscores how a cloud-native, software-defined 5G network will support latency-sensitive business use cases with automatic detection and migration to a dedicated network slice to meet the strictest SLAs for mission-critical applications,” said Emmanuel Bidet, VP, Convergent Networks Control, Orange. “This is a new step forward marking the emergence of the real-time enterprise as companies now expect to use data as soon as it is produced from sensors, cameras, robots and other devices and services to power digital transformation strategies. We are proud to have achieved this project with HPE and Casa Systems, two leading companies in the open 5G solutions market.”In the demo, a robot is fitted with a 5G radio and connected to the robot’s management software over an open 5G core network, comprising cloud-native Network Functions from both HPE and Casa Systems. HPE’s Service Director orchestration software creates, configures and deploys network slices for the robot’s service to connect at low latency. The demo shows the service set up and the robot operating normally until additional data traffic and latency are introduced and the robot’s performance is visibly impacted. This triggers an alarm and Service Director works with the 5G core network within seconds to create and deploy a new dedicated network slice with the proper QoS restoring the robot to normal operation.“This demonstration with Orange and Casa underscores our ability to automate and orchestrate the complete lifecycle of 5G services in cloud-native, multi-vendor environments,” said Domenico Convertino, Vice President Product Management, Communications & Media Solutions, HPE. “An open 5G Core is key for operators to break out of the single vendor lock-in of previous generation networks. The HPE 5G Core Stack, as well as our newly announced HPE 5G Lab, enable an accelerated evolution to 5G networking that is open and interoperable.”“Our cloud-native 5G core network functions powered by our Axyom™ software platform is designed to enable a next-generation of mobile networks that are more flexible, scalable and automated with the high performance and low latency to support a variety of consumer and business devices, services and use cases,” said Jerry Guo, CEO, Casa Systems. “More importantly, this demo underscores the ability of major operators to build 5G networks using best-of-breed solutions from multiple vendors that are tailored to their specific needs instead of being locked into legacy infrastructures and network migrations.”Orange, HPE and Casa are now expanding this use case demonstration into an end-to-end campus trial as the next steps toward broader service availability.About Hewlett Packard EnterpriseHewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way we live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.Contacts Alastair McCormick, HPE alastair.mccormick@hpe.com
- 07/23/2020
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Analysts Estimate Casa Systems (CASA) to Report a Decline in Earnings: What to Look Out for
- Casa Systems (CASA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2020
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Is There An Opportunity With Casa Systems, Inc.'s (NASDAQ:CASA) 24% Undervaluation?
- Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Casa Systems, Inc...
- 07/20/2020
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Casa Systems To Release Second Quarter 2020 Results on Thursday, July 30th, 2020
- ANDOVER, Mass., July 16, 2020 -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and.
- 07/16/2020
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Niemiec: Casa was not provoked before sexist videos - HousingWire
- In response to Anthony Casa's claims that things just got heated, Quicken's Austin Niemiec released a video, saying there was no heated discussion.
- 07/16/2020
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Crédit Agricole : gagne +3%, un analyste confirme son conseil | Zone bourse
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Crédit Agricole : gagne +3%, un analyste confirme son conseil
- (CercleFinance.com) - Le titre termine la journée en hausse de près de 3% profitant du conseil d'Oddo BHF sur la valeur
- 07/06/2020
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Crédit Agricole : Oddo BHF reste à 'achat', réduit sa cible | Zone bourse
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Crédit Agricole : Oddo BHF reste à 'achat', réduit sa cible
- (CercleFinance.com) - Oddo BHF réaffirme son opinion 'achat' sur Crédit Agricole (CASA) avec un objectif de cours réduit de 10,9 à 10,5 euros, soit un potentiel de hausse de 20% pour le titre, le bureau d'études jugeant l'établissement bancaire 'bien positionné face à la crise'
- 07/06/2020
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Casa Releases Results on Server Implementation Test
- Casa Releases Results on Server Implementation Test
- 07/04/2020
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Australia’s Optus tests 5G mmWave technology with Ericsson
- Optus testing 5G using 26 GHz mmWave band at four sites in Sydney Australian operator Optus announced it is testing 5G mmWave technology in partnership with Swedish vendor Ericsson. Optus noted tha…
- 07/01/2020
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Coronavirus is ravaging America's vulnerable Latinx communities
- A growing body of evidence is forming around the virus’ toll on Latinos in the United States as researchers develop a more advanced data analysis about Covid-19 and race.
- 06/21/2020
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Coronavirus ravages Latino communities in U.S.
- The virus has amplified inequalities many Latinos endure, including jobs that expose them to others, tight living conditions, lack of health insurance, mistrust of the medical system and a greater incidence of preexisting health conditions like diabetes.
- 06/20/2020
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Volunteer opportunities available at local organizations
- Weber Human Services is looking for people who can help Northern Utah nonprofits.
- 06/20/2020
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COVID-19 is ravaging America’s vulnerable Latino communities
- Across the U.S., the disease is infecting them at alarmingly high rates and amplifying the inequalities they live with.
- 06/20/2020
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COVID-19 is ravaging America's vulnerable Latino communities
- GUADALUPE, Ariz. (AP) — A Hispanic immigrant working at a fast-food restaurant in North Carolina is rushed to the hospital after she contracts COVID-19. A sickened Honduran woman in Baltimore with no health insurance or immigration status avoids the doctor for two weeks and finally takes a cab to the hospital and ends up on oxygen. As the coronavirus spreads deeper across America, it’s ravaging Latino communities from the suburbs of the nation’s capital to the farm fields of Florida to the sprawling suburbs of Phoenix and countless areas in between. The virus has amplified inequalities many Latinos endure, including jobs that expose them to others, tight living conditions, lack of health insurance, mistrust of the medical system and a greater incidence of preexisting health conditions like diabetes. And many Latinos don’t have the luxury of sheltering at home. "People simply cannot afford to stop working,” said Mauricio Calvo, executive director of the Latino Memphis advocacy group in Tennessee. In many areas, Latinos comprise a dramatically higher percentage of the positive COVID-19 tests compared with other racial and ethnic groups. About 65% of positive tests in the county that is home to Chattanooga, Tennessee, are Latinos, even though they make up just 6% of the population. With many infected families living in the same home with no other place to go, Chattanooga officials are looking at providing alternative sites at hotels or other locations where people can safely isolate. The same disparities exist nationwide. Latinos account for 45% of coronavirus cases in North Carolina, where they make up only 10% of the population, according to the state's Department of Health and Human Services. In the Latino and Native American town of Guadalupe, Arizona,...
- 06/19/2020
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'Em Nome de Deus': Casos de abusos e história de João de Deus viram série documental no Globoplay
- Equipe do 'Conversa com Bial' mostra bastidores da investigação, reúne vítimas pela 1ª vez em roda de conversa e conta casos fora do país. Série estreia na terça (23).
- 06/19/2020
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Estas son las capacitaciones digitales de Google para este mes
- A través de la iniciativa Crece con Google en Casa, la compañía continúa ofreciendo cursos gratuitos durante el mes de junio dirigidos a PyMEs, estudiantes, profesores y periodistas
- 06/19/2020
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Vulnerable US Latino communities hard hit by COVID-19
- As the coronavirus spreads deeper across America, it is ravaging through Latino communities from the mid-Atlantic to the Southwest, infecting them at alarmingly high rates and amplifying the inequalities they live with
- 06/19/2020
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Vulnerable US Latino communities hard hit by COVID-19
- GUADALUPE, Ariz. (AP) - A Hispanic immigrant working at a fast-food restaurant in North Carolina is rushed to the hospital after she contracts COVID-19. A sickened Honduran woman in Baltimore with no health insurance or immigration status avoids the doctor for two weeks and finally takes a cab to the hospital and ends up on oxygen.
As the coronavirus spreads deeper across America, it's ravaging through Latino communities from the suburbs of the nation's capital to the farm fields of Florida to the sprawling suburbs of Phoenix and countless areas in between.
The virus has amplified the inequalities that many Latinos endure, including jobs that expose them to others, tight living conditions, lack of health insurance, mistrust of the medical system and a greater incidence of preexisting health conditions like diabetes. And many Latinos don't have the luxury of sheltering at home.
"People simply cannot afford to stop working," said Mauricio Calvo, executive director of the Latino Memphis advocacy group in Tennessee.
In many areas, Latinos comprise a dramatically higher percentage of the positive COVID-19 tests compared to other racial and ethnic groups.
About 65% of positive tests in the county that is home to Chattanooga, Tennessee, are Latinos even though they make up just 6% of the population. With many infected families living in the same housing unit with no other place to go, Chattanooga officials are exploring a plan to provide alternative sites at hotels or other locations for residents who need to isolate but can't afford to move out and live elsewhere.
The same disparities exist across the country.
Latinos account for 45% of coronavirus cases in North Carolina, where they make up only 10% of the population, according to the state's Department of...
- 06/19/2020
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Vulnerable US Latino communities hard hit by COVID-19
- GUADALUPE, Ariz. (AP) — A Hispanic immigrant working at a fast-food restaurant in North Carolina is rushed to the hospital after she contracts COVID-19. A sickened Honduran woman in Baltimore with...
- 06/19/2020
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Vulnerable U.S. Latino communities hard hit by COVID-19
- As the coronavirus spreads deeper across America, it is ravaging through Latino communities from the mid-Atlantic to the Southwest, infecting them at alarmingly high rates and amplifying the inequalities they live with.
- 06/19/2020
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Uber Air plan raises alarm on safety, noise, planning risks
- Uber Air, the ride-share company’s proposed chopper flight service over Melbourne, will create major issues that governments will need to grapple with, a senior bureaucrat in the federal Department of Transport has said.
- 06/19/2020
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Hold City Union Bank, target price Rs 132: Emkay Global
- The brokerage remains long-term positive on the stock, given its strong capital position, stable management and robust core earnings.
- 06/19/2020
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Citigroup Inc. Buys 32,350 Shares of Casa Systems Inc (NASDAQ:CASA)
- Citigroup Inc. raised its holdings in shares of Casa Systems Inc (NASDAQ:CASA) by 502.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,794 shares of the company’s stock after buying an additional 32,350 shares during the period. Citigroup Inc.’s holdings in […]
- 06/19/2020
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Vulnerable US Latino communities hard hit by COVID-19
- GUADALUPE, Ariz. - A Hispanic immigrant working at a fast-food restaurant in North Carolina is rushed to the hospital after she contracts COVID-19. A ...
- 06/19/2020
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Casa Systems Inc (NASDAQ:CASA) Shares Acquired by Alliancebernstein L.P.
- Alliancebernstein L.P. lifted its stake in shares of Casa Systems Inc (NASDAQ:CASA) by 40.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,837,539 shares of the company’s stock after buying an additional 1,404,069 shares during the quarter. Alliancebernstein L.P. owned approximately […]
- 06/18/2020
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Bank of Maharashtra reports Rs 389 crore net profit for last fiscal
- In accordance with a RBI circular issued on April 17 on Covid-19, the bank has made provision of Rs 150 crore towards Covid-19 Regulatory Package Provision, as against required provision of Rs 38 crore.
- 06/17/2020
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Shorter menus, hampers and a drink on the house: Dining in the post-virus era
- From Sydney to Lima, restaurateurs see changes in food and service
“WE MUST walk on all fours to get up again.” That is the view of a chef in Sicily, among close to two dozen restaurateurs and cooks we asked for their strategies to overcome the biggest crisis in the dining business in recent […]
- 06/17/2020
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Bitcoin (BTC) Self-Custody Solution Provider Casa Introduces User-Friendly Crypto Wallet
- Michael Haley, the product manager and client services specialist at Casa, a company focused on developing security and custody solutions for Bitcoin (BTC), con
- 06/17/2020
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Privacy-Focused Self-Custody Bitcoin Wallet Released by Casa
- 13th of June, the firm that provides a private key management service, announced that it had created its own wallet: The Casa Wallet.
- 06/16/2020
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“The Chainsmokers”-backed Bitcoin Wallet Goes into Play for Everyday Crypto Investors | BTCMANAGER
- Casa, the VC-backed firm focused on increasing privacy for Bitcoin storage, launched its wallet product on June 15. Increasing Bitcoin Adoption Casa Wallet is different than the firm’s institutional storage product, one that uses a complex mechanism to ensure large amounts for BTC are stored on a multi-signature, “premium” subscription…
- 06/16/2020
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With Housing Courts Set To Reopen, New York City Tenants Demand Protections Against Evictions
- Tenant advocates call for a one-year universal eviction ban and a right to counsel, among other demands to prevent displacements.
- 06/16/2020
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Casa Launches Free Wallet Service – Bitcoin Magazine
- The free wallet service from Casa is built on its premium security technology while offering key management education and encrypted recovery phrase storage.
- 06/15/2020
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Volunteer opportunities available at local organizations
- Weber Human Services is looking for people who can help Northern Utah nonprofits.
- 06/13/2020
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Miley Cyrus envía un mensaje a Pedro Sánchez y las redes arden
- La cantante Miley Cyrus ha publicado una serie de mensajes en Twitter dirigidos al presidente del Gobierno, Pedro Sánchez, en los que pide que proteja a la población más vulnerabl
- 06/13/2020
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Is Casa Systems, Inc. (CASA) A Good Stock To Buy?
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/12/2020
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Rep. Eliot Engel slams rival Jamaal Bowman as phony Democrat, bad educator
- In pointed mailings being sent to constituents in the Bronx-Westchester 16th congressional district, Engel says Bowman had been a member of the Independence Party and didn’t enroll as a Democrat un…
- 06/12/2020
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Microsoft Releases Bitcoin-Based ID Tool as COVID-19 'Passports' Draw Criticism
- Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet.
- 06/10/2020
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OCBC's Virtual Wealth Advisory Service Sees 45% in Sales During Circuit Breaker - Fintech Singapore
- OCBC Bank’s Virtual Weatlh Advisory Service. OCBC Bank registered an increase of 45% in the sale of wealth management products in the first 10 days of launch.
- 06/10/2020
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Les magasins Casa introduisent une demande de réorganisation judiciaire pour "assurer l'avenir"
- La chaîne de magasins CASA International SA a introduit une demande de réorganisation judiciaire "qui donnera à l'entreprise le répit nécessaire pour assurer la continuité et la pérennité de ses activités". De cette façon, CASA pourra à nouveau ...
- 06/09/2020
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Live debate formas de desenvolver a
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Market has been unfair to SBI stock, says Rajnish Kumar
- 'If somebody sneezes, everyone feels that State Bank will get flu'
- 06/06/2020
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Volunteer opportunities available at local organizations
- Weber Human Services is looking for people who can help Northern Utah nonprofits.
- 06/06/2020
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SBI Q4 net shoots up 327% year-on-year on one-time gain
- SBI’s operating profit fell 7% y-o-y to Rs 15,734 crore, as per the numbers filed with the exchanges. Kumar said the bank is taking an eight-quarter view, and in FY22, it targets clocking an operating profit of Rs 1.4 lakh crore.
- 06/06/2020
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Ohana Biosciences Presents Data Showing Its Novel Sperm Enhancement Treatment, SPERTILITY™, Increases Sperm Hyperactivation
- Ohana Biosciences, a clinical-stage biotechnology company pioneering reproductive health through the industry’s first sperm biology platform, today an
- 06/03/2020
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Regreso a clases 2020: Estas son las fechas referenciales para Educación Básica, Media Superior y Superior
- El regreso a actividades escolares se dará únicamente cuando el semáforo sanitario esté en verde: Esteban Moctezuma Barragán.
- 06/01/2020
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Casa Systems To Virtually Present at the Stifel 2020 Cross Sector Insight Conference
- ANDOVER, Mass., June 01, 2020 -- Casa Systems, Inc. (Nasdaq:CASA), a leading provider of converged broadband infrastructure technology and access device solutions for mobile,.
- 06/01/2020
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IDBI Bank back in black after 13 quarters, reports Rs 135 crore profit in Q4
- Breaking a chain of 13 consecutive loss-making quarters, Life Insurance Corporation (LIC)-owned IDBI Bank on Saturday reported a net profit of Rs 135 crore in the March quarter, despite providing Rs 247 crore on account of Covid-19.
- 05/31/2020
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Shorter menus, hampers and a drink on the house: Dining in the post-virus era
- A look at what some restaurants globally are doing to kickstart the industry.
- 05/30/2020
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Coronav
- A rede estadual retomou as aulas desde o dia 18, mas ainda h
- 05/29/2020
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Bancos estão na mira do Congresso com projetos de alta da CSLL e teto para cheque especial: qual impacto para ações?
- Instituições financeiras têm se organizado para que medidas não sejam votadas, mas algumas delas podem passar, com impacto nos ativos
- 05/27/2020
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Anonymous bitcoin founder may have just moved nearly $400,000 in untouched cryptocurrency
- Satoshi Nakamoto's identity has never been conclusively discovered, but some believe cryptocurrency mined in 2009 point to the founder still being active
- 05/27/2020
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Louisville Nonprofits Receive $2.2 Million through Humana Foundation’s Community Partners Program
- Louisville Nonprofits Receive $2.2 Million through Humana Foundation’s Community Partners Program
- 05/26/2020
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Volunteer opportunities available at local organizations
- Weber Human Services is looking for people who can help Northern Utah nonprofits.
- 05/23/2020
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Has Casa Systems (CASA) Outpaced Other Consumer Discretionary Stocks This Year?
- Is (CASA) Outperforming Other Consumer Discretionary Stocks This Year?
- 05/21/2020
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Maia: demanda de adiar o Enem vem de todo o Pa
- O Congresso deve dar celeridade à aprovação do adiamento do Exame Nacional do Ensino Médio (Enem)
- 05/19/2020
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Les patrons du Crédit Mutuel taillent à leur tour dans leur rémunération - Actualités Banque & Assurance
- Jean-Pierre Denis renonce à son bonus 2020 et Nicolas Théry baisse son salaire face à la crise. Dans les banques cotées, seuls CASA et la Société Générale ont pris des mesures.
- 05/19/2020
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Casa Systems (CASA) Upgraded to Buy: Here's Why
- Casa Systems (CASA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- 05/19/2020
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Parlamentares devem criar grupo para estudar adiamento das elei
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Congresso n
- Os trabalhos do Congresso Nacional ser
- 05/18/2020
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Alba aprova projeto de lei que autoriza pagamento de auxílio a pacientes com Covid-19 que ficarem em centros do governo
- Abrigos são no prédio da Empresa Baiana de Desenvolvimento Agrícola (EBDA) e no prédio de uma antiga faculdade no bairro do Rio Vermelho.
- 05/14/2020
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Sensex ends 886 pts lower, Nifty settles below 9150
- Domestic shares slumped on Thursday, tracking weak global cues. Trading was volatile due expiry of weekly index options. The barometer S&P BSE Sensex tumbled 885.72 points or 2.77% at 31,122.89. The Nifty 50 index lost 240.80 points or 2.57% at
- 05/14/2020
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Shares trade in range
- The market barometers traded in a narrow range in early afternoon trade. At 12:28 IST, the barometer index, the S&P BSE Sensex, fell 607.21 points or 1.90% at 31,401.40. The Nifty 50 index was down 170.95 points or 1.82% at 9,212.60.
- 05/14/2020
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Coronavirus Quarantine: The Online Nightlife Guide for Thursday, May 14, 2020 | The Rio Times
- News in English for Rio de Janeiro and Brazil
- 05/14/2020
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Sessão da Câmara de Cubatão é interrompida por 'gemidão'; assista
- Caso ocorreu na sessão de terça (12), e o Legislativo registrou boletim de ocorrência nesta quarta-feira (13) para identificar responsáveis pelo vazamento do áudio.
- 05/13/2020
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Luxury Casa condo in Toronto sells swiftly in early March
- Near the top of the 10-year-old tower, this 1,450-square-foot suite has 10-foot ceilings and window walls with views to the east and south
- 05/13/2020
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Coronavirus Quarantine: The Online Nightlife Guide for Wednesday, May 13, 2020 | The Rio Times
- News in English for Rio de Janeiro and Brazil
- 05/13/2020
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'We wrap services around women': Brazil's innovative domestic violence centre
- With violence against women endemic in the country, new initiatives are desperately needed but slow to arrive
- 05/12/2020
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At US$4.06, Is Casa Systems, Inc. (NASDAQ:CASA) Worth Looking At Closely?
- Casa Systems, Inc. (NASDAQ:CASA), which is in the communications business, and is based in United States, received a...
- 05/10/2020
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Serviço de videochamada para consultas sobre coronavírus beneficia mais duas cidades de PE
- De acordo com o governo do estado, Palmares, na Zona da Mata Sul, e Ouricuri, no Sertão, contam com o sistema a partir deste sábado (9).
- 05/09/2020
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Solar Capital (SLRC) CEO Michael Gross on Q1 2020 Results - Earnings Call Transcript
- Solar Capital (NASDAQ:SLRC) Q1 2020 Earnings Conference Call May 08, 2020 10:00 AM ET Company Participants Michael Gross - Chairman & Co-Chief Executive Off
- 05/08/2020
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Moradores de mais 6 localidades de PE podem fazer consultas sobre coronavírus por videochamada
- Segundo governo, aplicativo Atende em Casa está disponível em Chã de Alegria, Glória de Goitá, Pombos, Chã Grande e Vitória de Santo Antão, além de Noronha.
- 05/08/2020
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CNH Industrial N.V. (CNHI) CEO Suzanne Heywood on Q1 2020 Results - Earnings Call Transcript
- CNH Industrial N.V. (NYSE:CNHI) Q1 2020 Results Conference Call May 06, 2020 09:30 AM ET Company Participants Federico Donati - Head, IR Suzanne Heywood - Chair
- 05/07/2020
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Senado aprova projeto que prevê ajuda financeira a estados e municípios
- União deverá repassar R$ 60 bilhões para enfrentamento da crise do coronavírus. Parlamentares abriram exceções na regra de congelamento de salários e derrubaram de R$ 93 bilhões para R$ 43 bilhões valor que a União pouparia.
- 05/06/2020
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Casa Systems To Virtually Present at the J.P. Morgan 48th Annual Global Technology, Media and Communications Conference
- ANDOVER, Mass., May 06, 2020 -- Casa Systems, Inc. (Nasdaq:CASA), a leading provider of converged broadband infrastructure technology and access device solutions for mobile,.
- 05/06/2020
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Capital overhaul depresses Crédit Agricole’s solvency ratio - Risk.net
- Wind down of “Switch” mechanism may have come at a bad time for the French lender
- 05/06/2020
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Dólar abre em alta de 1% à espera da reunião do Copom
- O dólar abriu em alta nesta quarta-feira (6) à espera de mais um possível corte na taxa Selic após a reunião do Copom. Clique e saiba mais.
- 05/06/2020
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Fux pede a PGR e OAB que opinem sobre proposta de levar a plenário decisão sobre ato de outro poder
- Proposta do ministro Marco Aurélio Mello deve ser discutida em sessão administrativa do Supremo Tribunal Federal.
- 05/05/2020
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3 Ways We Can Bring Back The Economy Now
- Our leaders have made many mistakes since the pandemic began. But the biggest of all is their inability to tell the right story, one that unifies us. As summer approaches, let us take back the story we tell about hope, common purpose, and a can-do attitude to save our way of life.
- 05/05/2020
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Lives de hoje: Risadaria com Fábio Porchat e Leandro Hassum, Anelis Assumpção e mais transmissões
- Nesta terça-feira (5), comediantes fazem apresentação para arrecadar fundos para comunidades carentes. Veja horários.
- 05/04/2020
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Casa Systems, Inc. (CASA) Q1 2020 Earnings Call Transcript
- At this time, I'll turn the conference over to Monica Gould, investor relations for Casa Systems. Ms. Gould, you may begin.Monica GouldThank you, operator, and good afternoon, everyone. With me on today's call are Jerry Guo, chief executive officer; and Scott Bruckner, interim chief financial officer and senior vice president.
- 05/04/2020
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Casa Systems, Inc. (CASA) CEO Jerry Guo on Q1 2020 Results - Earnings Call Transcript
- Casa Systems, Inc. (NASDAQ:CASA) Q1 2020 Results Conference Call April 30, 2020 05:00 PM ET Company Participants Monica Gould - IR Jerry Guo - CEO Scott Bruckne
- 05/02/2020
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Lower Price & Soft Volume to Hurt Leggett (LEG) Q1 Earnings
- Leggett & Platt's (LEG) earnings are likely to have been hurt by lower selling price and soft volume in first-quarter 2020.
- 05/01/2020
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Will Soft Sales & Higher Cost Hurt Mohawk (MHK) Q1 Earnings?
- Inflationary pressure and lower demand are likely to reflect on Mohawk Industries' (MHK) first-quarter 2020 results.
- 05/01/2020
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Will Soft Sales & Higher Cost Hurt Mohawk (MHK) Q1 Earnings?
- Inflationary pressure and lower demand are likely to reflect on Mohawk Industries' (MHK) first-quarter 2020 results.
- 05/01/2020
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Calculating The Fair Value Of Casa Systems, Inc. (NASDAQ:CASA)
- Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Casa Systems, Inc...
- 05/01/2020
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Analysts' Opinions Are Mixed on These Technology Stocks: NeoPhotonics (NPTN), Casa Systems (CASA) and SolarWinds (SWI)
- Companies in the Technology sector have received a lot of coverage today as analysts weigh in on NeoPhotonics (NPTN), Casa Systems (CASA) and SolarWinds
- 05/01/2020
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Analysts’ Opinions Are Mixed on These Technology Stocks: NeoPhotonics (NYSE: NPTN), Casa Systems (NASDAQ: CASA) and SolarWinds (NYSE: SWI)
- Companies in the Technology sector have received a lot of coverage today as analysts weigh in on NeoPhotonics (NPTN –
- 05/01/2020
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Casa Systems (CASA) Gets a Buy Rating from Northland Securities
- In a report released today, Tim Savageaux from Northland Securities maintained a Buy rating on Casa Systems (CASA), with a price target of $7.00. The
- 05/01/2020
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Casa Systems (CASA) Gets a Buy Rating from Northland Securities
- In a report released today,
Tim Savageaux
from Northland Securities maintained a
Buy
rating on Casa Systems (
CASA
–
Research Report
), with a price target of
$7.00
. The company’s shares closed last Thursday at $5.13.
According to
TipRanks.com
, Sav
- 05/01/2020
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Wall Street Analysts Are Neutral on Top Technology Picks
- Analysts fell to the sidelines weighing in on Casa Systems (CASA) and Western Digital (WDC) with neutral ratings, indicating that the experts are neither
- 05/01/2020
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Wall Street Analysts Are Neutral on Top Technology Picks
- Analysts fell to the sidelines weighing in on Casa Systems (CASA – Research Report) and Western Digital (WDC – Research
- 05/01/2020
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Zacks: Brokerages Expect Casa Systems Inc (NASDAQ:CASA) to Post -$0.06 EPS
- Wall Street brokerages expect Casa Systems Inc (NASDAQ:CASA) to post earnings per share (EPS) of ($0.06) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Casa Systems’ earnings. The lowest EPS estimate is ($0.16) and the highest is ($0.01). Casa Systems reported earnings per share of ($0.14) in […]
- 05/01/2020
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Casa Systems (CASA) Reports Q1 Loss, Tops Revenue Estimates
- Casa Systems (CASA) delivered earnings and revenue surprises of -16.67% and 17.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/01/2020
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Casa Systems: 1Q Earnings Snapshot
- ANDOVER, Mass. (AP) _ Casa Systems Inc. (CASA) on Thursday reported first-quarter net income of $1.2 million, after reporting a loss in the same period a year earlier.
The Andover, Massachusetts-based company said it had profit of 1 cent per share. L
- 04/30/2020
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Casa Systems Reports First Quarter 2020 Financial Results
- ANDOVER, Mass., April 30, 2020 -- Casa Systems, Inc. (Nasdaq:CASA), a leading provider of converged broadband infrastructure technology and access device solutions for mobile,.
- 04/30/2020
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The 'Great Lockdown' Is Boosting Demand for Bitcoin Custody Solutions - CoinDesk
- Bitcoin wallet startups have seen a sudden uptick in activity. In short, more people want to hold their own bitcoin than ever before.
- 04/30/2020
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Bank of New York Mellon Corp Cuts Position in Casa Systems Inc (NASDAQ:CASA)
- Bank of New York Mellon Corp cut its stake in Casa Systems Inc (NASDAQ:CASA) by 61.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,548 shares of the company’s stock after selling 167,567 shares during the quarter. Bank of New York Mellon Corp […]
- 04/30/2020
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Should You Buy Casa Systems (CASA) Ahead of Earnings?
- Casa Systems (CASA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season
- 04/29/2020
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Should You Buy Casa Systems (CASA) Ahead of Earnings?
- Casa Systems (CASA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season
- 04/29/2020
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Casa Systems (CASA) Scheduled to Post Earnings on Thursday
- Casa Systems (NASDAQ:CASA) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, April 30th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Casa Systems has set its FY 2020 After-Hours guidance at 0.00-0.12 EPS and its FY20 guidance at $0.00-0.12 EPS.Parties that are […]
- 04/28/2020
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Likely Coronavirus Impact on Tapestry's (TPR) Q3 Earnings
- Tapestry (TPR) has shut stores in the wake of the coronavirus outbreak. Loss of sales from these stores might show on its third-quarter fiscal 2020 results.
- 04/27/2020
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Likely Coronavirus Impact on Tapestry's (TPR) Q3 Earnings
- Tapestry (TPR) has shut stores in the wake of the coronavirus outbreak. Loss of sales from these stores might show on its third-quarter fiscal 2020 results.
- 04/27/2020
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Factors Shaping Columbia Sportswear's (COLM) Q1 Earnings
- Columbia Sportswear (COLM) witnesses high SG&A costs. This along with the coronavirus pandemic is likely to show on first-quarter 2020 results.
- 04/27/2020
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Factors Shaping Columbia Sportswear's (COLM) Q1 Earnings
- Columbia Sportswear (COLM) witnesses high SG&A costs. This along with the coronavirus pandemic is likely to show on first-quarter 2020 results.
- 04/27/2020
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Assenagon Asset Management S.A. Decreases Stake in Casa Systems Inc (NASDAQ:CASA)
- Assenagon Asset Management S.A. reduced its stake in Casa Systems Inc (NASDAQ:CASA) by 45.4% during the first quarter, Holdings Channel.com reports. The firm owned 167,700 shares of the company’s stock after selling 139,534 shares during the period. Assenagon Asset Management S.A.’s holdings in Casa Systems were worth $587,000 at the end of the most recent […]
- 04/25/2020
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Casa Systems (NASDAQ:CASA) Downgraded by Zacks Investment Research
- Zacks Investment Research lowered shares of Casa Systems (NASDAQ:CASA) from a buy rating to a hold rating in a report released on Wednesday morning, Zacks.com reports. According to Zacks, “Casa Systems, Inc. develops and provides digital cable video and broadband services. It offers fixed, mobile, optical and wireless network solutions for ultra-broadband services, carrier-grade solutions […]
- 04/25/2020
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Casa Systems (CASA) Expected to Beat Earnings Estimates: Should You Buy?
- Casa Systems (CASA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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Casa Systems (CASA) Expected to Beat Earnings Estimates: Should You Buy?
- Casa Systems (CASA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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J.P. Morgan Picks 2 Stocks to Buy (and 1 to Sell)
- Earnings season kicked off last week, and market watchers are preparing for the worst. The upcoming release of first quarter financial results is marred by historic levels of uncertainty, with worry looming over Wall Street as investors await a more detailed look at the extent of COVID-19’s impact on profits.JPMorgan quant guru Marko Kolanovic does offer a ray of hope: "Taking into account the unprecedented monetary and fiscal measures being implemented, as well as unprecedented asset declines over the past month, we maintain that asset price recovery is likely and our pre-pandemic equity price target for 2020 is achievable sometime in the first half of 2021.”Investors now have a deceptively simple question in front of them: what should I do? There is no simple answer, but the stock analysts from JPMorgan may be able to set you on the right track. There are stocks with compelling cases to buy – as well as to avoid. We’ve taken three JPM stock calls and used the TipRanks database to sort out the details.NeoPhotonics Corporation (NPTN)We’ll start with NeoPhotonics, a leader in the optoelectronics field. The company uses lasers, semiconductors, and photonic circuits to transmit and receive high-density, high-volume data streams, above 200 gigabytes per second.Accurate, fast data transmission is indispensable in today’s digital world, so it shouldn’t be a surprise that NPTN shares have outperformed the broader markets during the past few weeks of turmoil. The gains came after the stock beat its Q4 earnings forecast by 70%. Looking ahead, telecom experts predict that NeoPhotonics will bring in $375 million in 2020 revenue, realizing earnings of 24 cents per share for the year. Unlike many companies in recent days, NeoPhotonics has neither revised nor rescinded its forward guidance.JPM’s Samik Chatterjee, rated 4 stars in the TipRanks database, reviewed this stock last week, and was moved to initiate coverage for the firm with a Buy rating. Supporting his view, he cites "NeoPhotonics has managed to carve out a leading position in the coherent portion of the optical component market, led by its vertically integrated manufacturing capabilities and core integration, which is poised for strong adoption driven by increasing bandwidth demands. We expect to see both telecom and cloud service providers respond to the bandwidth needs with adoption of higher speed optical modules, including 100G+ connections.Additionally, we expect the current COVID-19 led disruption to accelerate bandwidth needs from telecom service providers, driving further strength in the demand outlook."Chatterjee’s Buy rating is backed by an $11 price target, implying a healthy 30% growth potential this year. (To watch Chatterjee’s track record, click here)The analyst consensus rating on NPTN is unanimous – of the 7 recent reviewers, all have given this stock a Buy rating, making their consensus a Strong Buy. NeoPhotonics’ share growth has pushed the stock price up sharply over the past month, bringing it close to the average price target and reducing the apparent upside. In the meantime, the average target of $9.71 does indicate another 15% upside from the current trading price of $8.40. (See NeoPhotonics stock analysis on TipRanks)Genpact Limited (G)The next of JPM’s Buy recommendations on our list is Genpact, a business support company. Genpact offers a range of services to its clients, ranging from business intelligence to enterprise resource planning to financial planning to technology integration to risk management. The company has a large presence in India, where it is a major employer, as well as 30 other countries.Genpact’s services are in high demand, and the company finished 2019 on a positive note. Q4 earnings, at 57 cents per share, edged over the 56-cent forecast and grew 9.6% year-over-year. Quarterly revenues were also strong. The $940.7 million reported was up 12.6% yoy, and beat the forecast by over 3%. For full year 2019, revenues topped $3.5 billion, and G shares were outperforming the S&P; 500 before the current bear market began.Tien Tsin Huang, 5-star analyst with JPM, was impressed by G in his recent review of the stock. He notes that the COVID-19 epidemic has been impacting both supply and demand for business support firms, but sees Genpact as capable of withstanding the pressure. He writes, “G should benefit from clients’ need for digital transformation, which also drives demand for business process reengineering…” Huang also notes that current conditions may even work in the company’s favor: “G could benefit from increasing adoption of automation and offshore BPO as a result of COVID-19-driven disruptions to clients’ business models.”In line with his long-term optimism, Huang upgraded his stance on G from Neutral to Buy. His $39 price target implies a 26% upside potential for the stock. (To watch Huang’s track record, click here)Wall Street’s analysts appear to agree with Huang on Genpact’s prospects. They have given the stock 8 ratings in recent weeks, and their views break down as 7 Buys and just a single Hold, making the ‘analyst consensus rating’ a Strong Buy. Genpact’s shares are selling for an affordable $30.86, while the average price target, $42.38, suggests a robust 37% upside potential for the coming 12 months. (See Genpact stock analysis on TipRanks)Casa Systems, Inc. (CASA)The third stock on our list is the one that JPM says to avoid. Casa Systems is a small-cap telecom equipment maker, providing modems, optical, and wifi networking products in the fixed and mobile service segments. The company is involved in the upcoming 5G rollout, and has been working with Sprint on small cell 5G systems. It would seem to be an advantageous position.On another positive note, Casa’s core business – cable access hardware – is one that is likely to see gains during the COVID-19 epidemic, as people look for in-home entertainment. However, Casa is also heavily invested in CCAP technology, with is giving way to distributed and virtualized cable architectures. Casa is facing headwinds as it attempts to navigate the transition away from its core CCAP products to the next-gen technologies without losing its customer base to newer competitors. Casa’s volatile earnings through 2019, swinging wildly between net-loss quarters and net-profits, and only beating the forecast twice during the year, reflect the difficulty it is facing in switching its products to new technologies.Samik Chatterjee reviewed this stock, as well; but when he initiated coverage, he did so with a Sell rating. Chatterjee wrote, “We are initiating on shares of CASA with an Underweight rating led by: 1) strong market decline for core CCAP products to continue to be a headwind for incumbents; 2) limited revenue recognition from new products such as DAA nodes and virtual CCAP and a lag behind new competitors…” Chatterjee also pointed out the company’s high leverage, which will provide a heavy drag in today’s unpredictable market conditions. (To watch Chatterjee’s track record, click here.)Chatterjee declined to place a specific target on this stock; however, the aggregated reviews from the TipRanks database will tell the story. CASA gets a Hold from Wall Street’s analyst corps, based on 1 Buy, 1 Sell, and 3 Hold reviews. The average price target is only $4.07, which indicates a downside potential for the coming year of 5% from the current share price of $4.28. (See Casa’s stock analysis at TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 04/22/2020
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BidaskClub Upgrades Casa Systems (NASDAQ:CASA) to "Buy"
- Casa Systems (NASDAQ:CASA) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Wednesday, BidAskClub reports. Several other research analysts have also issued reports on the stock. Northland Securities raised shares of Casa Systems from a “market perform” rating to an “outperform” rating and set a $6.00 […]
- 04/22/2020
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How Damaging Has Coronavirus Been to Wolverine (WWW) Q1 Earnings?
- Wolverine (WWW) closes retail outlets amid coronavirus crisis. Loss of sales from such stores is likely to show on first-quarter 2020 results.
- 04/20/2020
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How Damaging Has Coronavirus Been to Wolverine (WWW) Q1 Earnings?
- Wolverine (WWW) closes retail outlets amid coronavirus crisis. Loss of sales from such stores is likely to show on first-quarter 2020 results.
- 04/20/2020
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Factors Setting The Tone for Pool Corp (POOL) Q1 Earnings
- Solid base business performance and increased market share are likely to get reflected in Pool Corp's (POOL) first-quarter 2020 top line.
- 04/20/2020
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Factors Setting The Tone for Pool Corp (POOL) Q1 Earnings
- Solid base business performance and increased market share are likely to get reflected in Pool Corp's (POOL) first-quarter 2020 top line.
- 04/20/2020
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Casa Systems' Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Casa Systems.
- 04/17/2020
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Casa Systems' Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Casa Systems.
- 04/17/2020
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Top Ranked Momentum Stocks to Buy for April 16th
- Top Ranked Momentum Stocks to Buy for April 16th
- 04/16/2020
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Top Ranked Momentum Stocks to Buy for April 16th
- Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th
- 04/16/2020
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JPMorgan Chase & Co. Initiates Coverage on Casa Systems (NASDAQ:CASA)
- JPMorgan Chase & Co. assumed coverage on shares of Casa Systems (NASDAQ:CASA) in a research report issued on Tuesday, MarketBeat.com reports. The firm set an “underweight” rating on the stock. Several other research firms have also issued reports on CASA. Barclays reissued a “neutral” rating on shares of Casa Systems in a research report on […]
- 04/16/2020
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BidaskClub Downgrades Casa Systems (NASDAQ:CASA) to Hold
- Casa Systems (NASDAQ:CASA) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Thursday, BidAskClub reports. A number of other equities analysts also recently commented on CASA. Northland Securities upgraded shares of Casa Systems from a “market perform” rating to an “outperform” rating and set a $6.00 […]
- 04/16/2020
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During Pandemic, Local Volunteers Work to Ensure At-Risk Children
- One of your neighbors posted in Neighbor News. Click through to read what they have to say. (The views expressed in this post are the author’s own.)
- 04/15/2020
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Buy 5 Top Stocks Set to Beat on Q1 Earnings This Month
- Despite the economic disaster, a few stocks are likely to report better-than expected earnings results when they report their financial numbers this month.
- 04/15/2020
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Buy 5 Top Stocks Set to Beat on Q1 Earnings This Month
- Despite the economic disaster, a few stocks are likely to report better-than expected earnings results when they report their financial numbers this month.
- 04/15/2020
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Renaissance Technologies LLC Has $591,000 Holdings in Casa Systems Inc (NASDAQ:CASA)
- Renaissance Technologies LLC cut its stake in Casa Systems Inc (NASDAQ:CASA) by 70.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 144,381 shares of the company’s stock after selling 344,719 shares during the quarter. Renaissance Technologies LLC’s holdings in Casa Systems were worth $591,000 at the end of the most recent reporting period. […]
- 04/14/2020
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Casa Systems Inc (NASDAQ:CASA) Given Consensus Rating of "Hold" by Analysts
- Casa Systems Inc (NASDAQ:CASA) has received an average rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average […]
- 04/13/2020
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Jane Street Group LLC Acquires New Position in Casa Systems Inc (NASDAQ:CASA)
- Jane Street Group LLC bought a new position in shares of Casa Systems Inc (NASDAQ:CASA) during the 4th quarter, Holdings Channel.com reports. The fund bought 43,109 shares of the company’s stock, valued at approximately $176,000. Several other hedge funds have also modified their holdings of CASA. Tower Research Capital LLC TRC acquired a new stake […]
- 04/11/2020
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Casa Systems To Release First Quarter 2020 Results on Thursday, April 30th, 2020
- ANDOVER, Mass., April 09, 2020 -- Casa Systems, Inc. (NASDAQ:CASA), a leading provider of converged broadband infrastructure technology and access device solutions for mobile,.
- 04/09/2020
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Casa Systems To Release First Quarter 2020 Results on Thursday, April 30th, 2020
- ANDOVER, Mass., April 09, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ:CASA), a leading provider of converged broadband infrastructure technology...
- 04/09/2020
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Analysts Anticipate Casa Systems Inc (NASDAQ:CASA) Will Announce Quarterly Sales of $69.87 Million
- Wall Street brokerages expect Casa Systems Inc (NASDAQ:CASA) to report sales of $69.87 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Casa Systems’ earnings, with the highest sales estimate coming in at $74.60 million and the lowest estimate coming in at $65.00 million. Casa Systems reported […]
- 04/07/2020
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Citigroup Inc. Sells 9,628 Shares of Casa Systems Inc (NASDAQ:CASA)
- Citigroup Inc. decreased its position in Casa Systems Inc (NASDAQ:CASA) by 59.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,444 shares of the company’s stock after selling 9,628 shares during the period. Citigroup Inc.’s holdings in Casa Systems were worth […]
- 04/06/2020
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Casa Systems Inc (NASDAQ:CASA) Expected to Announce Earnings of -$0.07 Per Share
- Wall Street analysts predict that Casa Systems Inc (NASDAQ:CASA) will post ($0.07) earnings per share for the current quarter, according to Zacks. Three analysts have provided estimates for Casa Systems’ earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.16). Casa Systems reported earnings per share of ($0.14) during the same quarter last […]
- 04/05/2020
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Casa Systems (NASDAQ:CASA) Stock Price Up 5.4%
- Casa Systems Inc (NASDAQ:CASA) rose 5.4% on Friday . The company traded as high as $3.33 and last traded at $3.29, approximately 303,002 shares changed hands during mid-day trading. A decline of 56% from the average daily volume of 682,603 shares. The stock had previously closed at $3.12. CASA has been the topic of a […]
- 04/05/2020
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Casa Systems Inc (NASDAQ:CASA) Shares Purchased by Alliancebernstein L.P.
- Alliancebernstein L.P. increased its holdings in shares of Casa Systems Inc (NASDAQ:CASA) by 55.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,433,470 shares of the company’s stock after acquiring an additional 1,226,806 shares during the period. Alliancebernstein L.P. owned approximately 4.10% of Casa […]
- 04/04/2020
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BidaskClub Downgrades Casa Systems (NASDAQ:CASA) to Hold
- Casa Systems (NASDAQ:CASA) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Saturday, BidAskClub reports. Several other research firms have also commented on CASA. Barclays reaffirmed a “neutral” rating on shares of Casa Systems in a report on Sunday, February 23rd. Zacks Investment […]
- 04/04/2020
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Casa Systems CEO Pays $15.3 Million for Striking La Jolla Mansion
- One of the San Diego area's most visually dramatic homes recently sold for just over $15 million, placing it among the biggest local transactions on record. Deeds and documents reveal the La Jolla property was acquired by Boston-based tech tycoon Jerry Guo, the longtime president and CEO of telecommunications juggernaut Casa Systems, and his wife Lucy Xie, Casa's SVP of operations.Built in 2003 and designed by local architect Ken Ronchetti, the knife-edged contemporary isn't for the stylistically faint of heart, boasting boldly maximalist lines, soaring walls of glass and a uniquely triangular infinity pool. From inside, the entire 8,600 sq. ft. mansion appears magically suspended over the Pacific Ocean far below.Vertigo-inducing views stretch for miles, drinking in the aqua sea and also capturing the ruggedly beautiful mountains that define La Jolla's coastline. More tangible amenities include a three-car garage, nearly 3,000 square feet of stone terraces and balconies -- perfect for large-scale entertaining -- a lush rose garden, a detached studio/office with its own private bathroom plus a separate, one-bedroom detached guesthouse.This is also a state-of-the-art modern "smart" home, with a lavish Savant automation system that allows its owners to monitor and control the security cameras, TVs, lights and audio from the touch of their smartphones, or from various wall-mounted iPads scattered throughout the house.For better or worse, however, and despite all the snazzy visual dramatics, this $15.3 million property is rather overshadowed by its next-door neighbor in terms of price, style and sheer scale. That estate, the famously unreal-looking Razor House, was purchased last year for $20.8 million by Alicia Keys and Swizz Beatz. The two homes are so close that they actually share a communal driveway, though each property also sits behind its own gate and private drive.Guo and Xie appear to have a thing for futuristic-looking contemporary homes. Back in 2016, they paid about $5.3 million for a high-floor condo in Boston's fashionable Millennium Tower skyscraper, a shimmering glass structure with views over Boston Harbor.Casa Systems, founded in 2003, has since grown to 600+ employees, and become noted for its software-centric approach to communications. The NASDAQ-listed company currently sports a market cap of approximately $276 million.Bob and Terri Andrews of Pacific Sotheby's International Realty held the listing; Craig and Marc Lotzof, also with Pacific Sotheby's International Realty, repped Guo and Xie.Launch Gallery: Jerry Guo's $15 Million La Jolla EstateMore from DIRT * Neil Finn Goes His Own Way in Los Feliz * YouTuber Lilly Singh Upgrades to Contemporary San Fernando Valley Estate * Packers Tackle David Bakhtiari Settles in L.A.'s San Fernando Valley
- 04/04/2020
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DOCSIS and Cable Modems Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2025
- Mar 30, 2020 (The Expresswire) --
Global “DOCSIS and Cable Modems Market” The report entitled “Global DOCSIS and Cable Modems Market Status and Future...
- 03/30/2020
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Casa Systems (NASDAQ:CASA) Shares Down 6.6%
- Shares of Casa Systems Inc (NASDAQ:CASA) dropped 6.6% during mid-day trading on Friday . The stock traded as low as $3.27 and last traded at $3.42, approximately 513,877 shares traded hands during trading. A decline of 27% from the average daily volume of 707,243 shares. The stock had previously closed at $3.66. A number of […]
- 03/29/2020
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Casa Systems (NASDAQ:CASA) Upgraded by BidaskClub to Buy
- Casa Systems (NASDAQ:CASA) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday, BidAskClub reports. A number of other analysts have also issued reports on the company. Barclays reaffirmed a “neutral” rating on shares of Casa Systems in a research […]
- 03/28/2020
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Companies like Casa and Unchained Capital Help Enthusiasts Leave Crypto to Their Heirs
- Companies like Casa and Unchained Capital say they've witnessed a surge in customers interested in crypto inheritance services.
- 03/27/2020
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Casa Systems (CASA) Gets a Hold Rating from Barclays
- In a report released yesterday, Tim Long from Barclays maintained a Hold rating on Casa Systems (CASA), with a price target of $3.50. The company's shares
- 03/27/2020
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Did You Manage To Avoid Casa Systems's (NASDAQ:CASA) Painful 59% Share Price Drop?
- Casa Systems, Inc. (NASDAQ:CASA) shareholders are doubtless heartened to see the share price bounce 43% in just one...
- 03/26/2020
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Global CMTS (QAM) Market 2020 Industry Trend, size, Share, Revenue Analysis and Forecast 2024
- Mar 26, 2020 (The Expresswire) --
"Final Report will add the analysis of the impact of COVID-19 on this industry" The report begins with a market overview...
- 03/26/2020
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Bitcoin Firms Report Uptick in Demand for Inheritance Services
- Crypto startups report fresh demand for estate-planning services as the coronavirus outbreak spurs users to make sure their coins are passed onto heirs.
- 03/26/2020
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Casa Systems Currently Sees No Impact from COVID-19 on Operations
- ANDOVER, Mass., March 25, 2020 -- As the Novel Coronavirus (COVID-19) outbreak continues, Casa Systems, Inc. (Nasdaq:CASA), is closely monitoring and proactively assessing the.
- 03/25/2020
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Casa Systems Currently Sees No Impact from COVID-19 on Operations
- ANDOVER, Mass., March 25, 2020 (GLOBE NEWSWIRE) -- As the Novel Coronavirus (COVID-19) outbreak continues, Casa Systems, Inc. (Nasdaq:CASA), is closely...
- 03/25/2020
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Casa Systems Inc (NASDAQ:CASA) Given Average Rating of "Hold" by Brokerages
- Shares of Casa Systems Inc (NASDAQ:CASA) have received an average rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The […]
- 03/19/2020
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Casa Systems (NASDAQ:CASA) Price Target Lowered to $2.70 at Morgan Stanley
- Casa Systems (NASDAQ:CASA) had its price objective lowered by equities research analysts at Morgan Stanley from $4.50 to $2.70 in a research note issued on Monday, BenzingaRatingsTable reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 14.89% from the stock’s previous close. A […]
- 03/18/2020
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Casa Systems Target of Unusually Large Options Trading (NASDAQ:CASA)
- Casa Systems Inc (NASDAQ:CASA) was the target of some unusual options trading activity on Tuesday. Stock traders acquired 7,050 call options on the stock. This represents an increase of approximately 860% compared to the typical volume of 734 call options. A number of institutional investors and hedge funds have recently made changes to their positions […]
- 03/18/2020
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Casa Systems Inc (NASDAQ:CASA) Expected to Post Quarterly Sales of $69.60 Million
- Wall Street analysts expect that Casa Systems Inc (NASDAQ:CASA) will post sales of $69.60 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Casa Systems’ earnings, with the highest sales estimate coming in at $74.60 million and the lowest estimate coming in at $65.00 million. Casa Systems posted […]
- 03/14/2020
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CoinTracker and Casa partner to give users access to multisignature security
- The partnership comes at a time when anxieties are high over cryptocurrency regulation and taxation, as much of the guidance from the IRS has proven inadequate and confusing.
- 03/13/2020
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Are Options Traders Betting on a Big Move in Casa Systems (CASA) Stock?
- Investors need to pay close attention to Casa Systems (CASA) stock based on the movements in the options market lately.
- 03/10/2020
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Are Options Traders Betting on a Big Move in Casa Systems (CASA) Stock?
- Investors need to pay close attention to Casa Systems (CASA) stock based on the movements in the options market lately.
- 03/10/2020
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Casa Systems (NASDAQ:CASA) Trading Down 6.5%
- Casa Systems Inc (NASDAQ:CASA) shares traded down 6.5% on Friday . The stock traded as low as $2.92 and last traded at $3.00, 749,985 shares were traded during trading. An increase of 5% from the average session volume of 715,471 shares. The stock had previously closed at $3.21. A number of equities research analysts recently […]
- 03/07/2020
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BidaskClub Downgrades Casa Systems (NASDAQ:CASA) to Strong Sell
- Casa Systems (NASDAQ:CASA) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Wednesday, BidAskClub reports. CASA has been the subject of a number of other research reports. Northland Securities raised Casa Systems from a “market perform” rating to an “outperform” rating and […]
- 03/04/2020
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Dreams of new 1,000 seater music venue in Plymouth shattered
- Ryan and Ben's dream has collapsed just as they were about to sign a deal with Gala's freeholder amid fears about the venture being 'unviable'
- 02/28/2020
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Mashreq to offer instant credit transfers to over 30 countries
- It claims to be the first bank in the UAE to offer such an extensive real-time payment service #instantcredittransfers #mashreq #nium
- 02/26/2020
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Casa Systems' (CASA) Neutral Rating Reaffirmed at Barclays
- Barclays reissued their neutral rating on shares of Casa Systems (NASDAQ:CASA) in a report released on Sunday, AnalystRatings.com reports. A number of other equities research analysts also recently commented on the company. Zacks Investment Research upgraded Casa Systems from a hold rating to a buy rating and set a $8.50 target price on the stock […]
- 02/26/2020
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Casa Systems (NASDAQ:CASA) Shares Down 13.2%
- Casa Systems Inc (NASDAQ:CASA)’s stock price dropped 13.2% during mid-day trading on Monday . The company traded as low as $4.11 and last traded at $4.20, approximately 959,683 shares traded hands during mid-day trading. An increase of 28% from the average daily volume of 750,066 shares. The stock had previously closed at $4.84. CASA has […]
- 02/25/2020
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California Public Employees Retirement System Raises Stock Holdings in Casa Systems Inc (NASDAQ:CASA)
- California Public Employees Retirement System boosted its stake in Casa Systems Inc (NASDAQ:CASA) by 398.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 313,994 shares of the company’s stock after buying an additional 250,962 shares during the period. California Public Employees […]
- 02/25/2020
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Casa Systems To Present at the Morgan Stanley Technology, Media & Telecom Conference
- ANDOVER, Mass., Feb. 24, 2020 -- Casa Systems, Inc. (Nasdaq:CASA), a leading provider of converged broadband infrastructure technology and access device solutions for mobile,.
- 02/24/2020
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Dell to sell RSA
- The company will sell its cyber security unit for $2.08 billion to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners.
- 02/24/2020
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Analysts Offer Insights on Technology Companies: Casa Systems (CASA), Intuit (INTU) and Telefonica Brasil (VIV)
- Analysts fell to the sidelines weighing in on Casa Systems (CASA), Intuit (INTU) and Telefonica Brasil (VIV) with neutral ratings, indicating that the
- 02/24/2020
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Analysts Offer Insights on Technology Companies: Casa Systems (NASDAQ: CASA), Intuit (NASDAQ: INTU) and Telefonica Brasil (NYSE: VIV)
- Analysts fell to the sidelines weighing in on Casa Systems (
CASA
–
Research Report
), Intuit (
INTU
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Research Report
) and Telefonica Brasil (
VIV
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Research Report
) with neutral ratings, indicating that the experts are neither bullish nor bearish
- 02/24/2020
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Analysts Anticipate Casa Systems Inc (NASDAQ:CASA) Will Post Quarterly Sales of $80.20 Million
- Equities analysts predict that Casa Systems Inc (NASDAQ:CASA) will announce sales of $80.20 million for the current quarter, Zacks reports. Three analysts have provided estimates for Casa Systems’ earnings, with the highest sales estimate coming in at $88.40 million and the lowest estimate coming in at $72.20 million. Casa Systems posted sales of $35.49 million […]
- 02/23/2020
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3 Tech Stocks That Will Thrive on the 5G Boom
- 5G is here. The new digital wireless technology first started to make waves in 2017, with connectivity tests in Argentina, Norway, and Poland. By late 2018, active 5G networks were starting to appear on a limited basis in various urban areas, and in 2019 the first nationwide networks went into operation in the US and China. As 2020 matures, industry analysts expect to see these networks expand, as providers move into the mid- and high-frequency bands.The new network rollout brings with it a slew of opportunities, as does any new technology. Original equipment manufacturers will need new components. The new networks will require a denser network of towers and transmitters, which in turn will require their own hardware. Semiconductor chip makers especially are looking forward to increased sales as the new equipment brings with it needs for updated and upgraded chips.But the chip makers, OEMs, and transmitter tower construction firms aren’t the only companies in line to gain from the 5G switchover. Semiconductor chips need to be quality controlled, and individual customers will need to update their modems and WiFi routers.We’ve delved into TipRanks’ database and found three companies that inhabit these niches – two that make chip testing gear and one that develops network communications equipment. All three are poised to gain as ancillaries to the big winners in 5G. Let's take a closer look.Cohu, Inc. (COHU)Cohu, first on our list today, designs and manufactures semiconductor testing equipment for major chip makers around the world. The chip makers have been showing gains in recent months, as they see improve demand at least in part attributable to 5G ramp-up, and COHU shares have been joining in the industry’s upbeat outlook. The company’s stock is up an impressive 80% in the past six months.The company showed a drastic improvement in its most recent earnings report, released earlier this month. The net loss shrank from $1.40 per share in Q3 to 42 cents in Q4. The improvement in earnings came even as net sales slipped by 16% to $142 million. Looking ahead, the Cohu expects to see 2020 start the year with first quarter earnings between $140 and $152 million, in line with the analyst forecast of $143.6 million.The narrowed losses helped the company support its dividend payment of 6 cents per share. At an annualized payout of 24 cents, this gives the dividend a modest 1.04% yield. Cohu has a twenty-year history of maintaining its dividend payment, even though the current payout ratio, in the negative, implies that it is not sustainable.5-star analyst Sidney Ho, of Deutsche Bank, writes of Cohu, “We believe the company is well positioned for a favorable set-up in CY20 and beyond as key end markets stabilize and Cohu benefits from secular growth trends such as 5G and data center growth. We believe there could be upside to 4Q19 and 1Q20 estimates as Cohu has started to see the initial 5G-enabled smartphone ramp in its test business and the auto market has shown signs of improvement.”Ho reiterates the Buy rating he initiated on this stock last month, and sets his price target at $27, suggesting an upside of 20%. (To watch Ho’s track record, click here)All in all, with 5 recent Buy ratings set, COHU gets a unanimous Strong Buy consensus view from Wall Street’s analysts. The stock is selling for$22.53, and the average price target of $29.20 indicates a 30% upside potential. (See Cohu stock analysis at TipRanks)Onto Innovation (ONTO)Our second stock, Onto, is another test equipment manufacturer. Specifically, Onto makes process and process control equipment for the semiconductor industry. Onto was formed this past October, as a result of the merger-of-equals between Rudolph Technologies and Nanometrics. Onto inherited Rudolph Technologies trading history, with the ticker ONTO.The merger created the fourth largest American company in the semiconductor capital supply field, with a market cap of nearly $2 billion. The company holds a leading position in the chip makers’ supply chain, and as they expand 5G chip production, Onto stands to gain with them.Onto’s Q4 earnings lived up to the hype of the merger, and of 5G. The company reported 41 cents EPS, beating out the 39-cent expectation by 5%. Revenues, at $120.6 million, beat the forecast by 3.2%, but gained an even more impressive 56% year-over-year. As with Cohu above, which inhabits a similar niche, Onto’s gains come as the chip industry begins to turn around after a difficult year.Mark Miller, 5-star analyst with Benchmark, is impressed with Onto’s quick increases in earnings and revenues – and he attributes it to the expansion of 5G. Miller writes, “A secular recovery is underway in Semicap equipment sales, and this recovery coupled with the ramp of 5G phones with greater memory chip content is expected to drive growth latter this year and into 2021.”Giving the stock a $50 price target, Miller suggests that it has room for a 31% upside. As such, Miller reiterated a Buy rating on ONTO shares. (To watch Miller’s track record, click here)Overall, this stock has 3 recent reviews, and all are Buys, making the analyst consensus another unanimous Strong Buy. The $49 average price target implies an upside of 28% from the $38 current trading price. (See Onto Innovation's price targets and analyst ratings on TipRanks)Casa Systems, Inc. (CASA)Last up is Casa, a small-cap player in the telecom equipment industry. This $366 million company is a provider of cable, modem, optical, and WiFi networking products, and offers solutions for both fixed and mobile service providers.Casa is at forefront of high-end 5G broadband access development, and is well positioned to expand its business – Casa has been working with Sprint on small cell systems since October of last year, and the T-Mobile-Sprint merger – which was cleared by a Federal judge earlier this month – promises to give Casa access to a much larger network. And that network will be in need of 5G modem solutions.The company next reports earnings on February 20, and may benefit from having lowered the bar back in November. At that time, when the company dropped its FY2019 estimate to the $255 to $270 million range (from $320 to $350 million), the stock fell 38%. It has not regained those losses – but by now, the lower guidance is baked in and the expected 2-cent loss for Q4 represents a 5-cent sequential improvement from Q3.Writing from Northland, 5-star analyst Tim Savageaux takes a bullish stance on CASA. He says of the stock’s general position, “The closing of the TMUS/S merger is one factor likely to accelerate 5G wireless builds in the US, joining an already aggressive push by VZ, which is in turn likely to drive stronger network investment among US Cable MSOs…”Looking at CASA specifically, Savageaux adds, “[We see] a strong finish to the year in Cable network spending, as well as the potential for accelerated 5G spending post the clearance of the TMUS/ S merger yesterday. CASA announced a win with S for its Pebble in Q419, and also highlighted its 5G fixed wireless CPE capability…”Savageaux upgraded his position on this stock, bumping it from Neutral to Buy, and giving CASA a $6 price target. His target implies an impressive upside here of 31%. (To watch Savageaux’s track record, click here)
- 02/21/2020
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Factors Setting the Tone for WW International (WW) Q4 Earnings
- WW International (WW) fourth-quarter performance is likely to reflect benefit from robust subscriber growth.
- 02/21/2020
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Factors Setting the Tone for WW International (WW) Q4 Earnings
- WW International (WW) fourth-quarter performance is likely to reflect benefit from robust subscriber growth.
- 02/21/2020
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