Casa Systems Inc
NASDAQ:CASA
Income Statement
Earnings Waterfall
Casa Systems Inc
Revenue
|
249.8m
USD
|
Cost of Revenue
|
-146m
USD
|
Gross Profit
|
103.8m
USD
|
Operating Expenses
|
-163.7m
USD
|
Operating Income
|
-59.9m
USD
|
Other Expenses
|
-47.3m
USD
|
Net Income
|
-107.2m
USD
|
Income Statement
Casa Systems Inc
Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||
Revenue |
207
N/A
|
276
+33%
|
347
+26%
|
297
-14%
|
244
-18%
|
227
-7%
|
237
+5%
|
282
+19%
|
330
+17%
|
362
+9%
|
386
+7%
|
393
+2%
|
414
+5%
|
423
+2%
|
417
-2%
|
401
-4%
|
361
-10%
|
340
-6%
|
307
-10%
|
287
-7%
|
267
-7%
|
255
-5%
|
250
-2%
|
|
Gross Profit | ||||||||||||||||||||||||
Cost of Revenue |
(54)
|
(73)
|
(88)
|
(79)
|
(63)
|
(57)
|
(85)
|
(120)
|
(150)
|
(177)
|
(188)
|
(193)
|
(200)
|
(207)
|
(212)
|
(213)
|
(203)
|
(200)
|
(181)
|
(170)
|
(159)
|
(149)
|
(146)
|
|
Gross Profit |
153
N/A
|
202
+32%
|
259
+28%
|
218
-16%
|
181
-17%
|
170
-6%
|
153
-10%
|
163
+6%
|
181
+11%
|
185
+2%
|
198
+7%
|
201
+1%
|
214
+7%
|
216
+1%
|
204
-6%
|
188
-8%
|
159
-16%
|
140
-12%
|
127
-10%
|
117
-8%
|
108
-7%
|
105
-3%
|
104
-1%
|
|
Operating Income | ||||||||||||||||||||||||
Operating Expenses |
(76)
|
(109)
|
(143)
|
(139)
|
(139)
|
(141)
|
(153)
|
(168)
|
(179)
|
(186)
|
(181)
|
(176)
|
(174)
|
(174)
|
(173)
|
(170)
|
(172)
|
(174)
|
(176)
|
(172)
|
(173)
|
(169)
|
(164)
|
|
Selling, General & Administrative |
(38)
|
(55)
|
(72)
|
(68)
|
(70)
|
(71)
|
(75)
|
(85)
|
(91)
|
(95)
|
(94)
|
(90)
|
(87)
|
(87)
|
(87)
|
(83)
|
(84)
|
(84)
|
(86)
|
(85)
|
(87)
|
(86)
|
(86)
|
|
Research & Development |
(37)
|
(54)
|
(70)
|
(71)
|
(69)
|
(70)
|
(78)
|
(83)
|
(86)
|
(89)
|
(86)
|
(84)
|
(85)
|
(84)
|
(84)
|
(84)
|
(85)
|
(88)
|
(88)
|
(85)
|
(83)
|
(80)
|
(75)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
77
N/A
|
94
+21%
|
117
+24%
|
79
-32%
|
42
-47%
|
29
-31%
|
(1)
N/A
|
(6)
-1 020%
|
1
N/A
|
(1)
N/A
|
17
N/A
|
24
+43%
|
40
+67%
|
43
+6%
|
32
-26%
|
18
-42%
|
(13)
N/A
|
(34)
-171%
|
(50)
-44%
|
(56)
-12%
|
(64)
-16%
|
(63)
+2%
|
(60)
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(11)
|
(14)
|
(14)
|
(14)
|
(14)
|
(16)
|
(16)
|
(16)
|
(17)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(13)
|
(14)
|
(14)
|
(16)
|
(20)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(10)
|
(10)
|
(39)
|
(31)
|
|
Total Other Income |
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
70
N/A
|
84
+19%
|
104
+24%
|
66
-36%
|
29
-56%
|
16
-43%
|
(18)
N/A
|
(24)
-39%
|
(15)
+41%
|
(17)
-19%
|
3
N/A
|
10
+259%
|
26
+163%
|
28
+8%
|
16
-44%
|
4
-77%
|
(27)
N/A
|
(48)
-77%
|
(74)
-55%
|
(79)
-7%
|
(88)
-12%
|
(117)
-33%
|
(110)
+6%
|
|
Net Income | ||||||||||||||||||||||||
Tax Provision |
(10)
|
(2)
|
(3)
|
7
|
11
|
4
|
10
|
(24)
|
(17)
|
(19)
|
(27)
|
15
|
4
|
2
|
9
|
(0)
|
(8)
|
(1)
|
(5)
|
(1)
|
10
|
5
|
2
|
|
Income from Continuing Operations |
61
|
82
|
101
|
73
|
40
|
20
|
(8)
|
(48)
|
(32)
|
(36)
|
(24)
|
25
|
29
|
29
|
25
|
3
|
(35)
|
(49)
|
(79)
|
(79)
|
(78)
|
(113)
|
(107)
|
|
Net Income (Common) |
22
N/A
|
43
+97%
|
62
+44%
|
73
+17%
|
40
-45%
|
20
-50%
|
(8)
N/A
|
(48)
-534%
|
(32)
+34%
|
(36)
-14%
|
(24)
+33%
|
25
N/A
|
29
+19%
|
29
-1%
|
25
-15%
|
3
-87%
|
(35)
N/A
|
(49)
-38%
|
(79)
-62%
|
(79)
0%
|
(78)
+1%
|
(113)
-44%
|
(107)
+5%
|
|
EPS (Diluted) |
0.23
N/A
|
0.46
+100%
|
0.67
+46%
|
0.79
+18%
|
0.47
-41%
|
0.21
-55%
|
-0.1
N/A
|
-0.57
-470%
|
-0.39
+32%
|
-0.44
-13%
|
-0.3
+32%
|
0.29
N/A
|
0.33
+14%
|
0.33
N/A
|
0.28
-15%
|
0.04
-86%
|
-0.42
N/A
|
-0.52
-24%
|
-0.83
-60%
|
-0.86
-4%
|
-0.83
+3%
|
-1.18
-42%
|
-1.11
+6%
|