Casa Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 62.09 million compared to USD 66.9 million a year ago. Net loss was USD 25.62 million compared to USD 31.16 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 0.33 a year ago.
For the nine months, sales was USD 165.39 million compared to USD 202.13 million a year ago. Net loss was USD 108.41 million compared to USD 80.45 million a year ago. Basic loss per share from continuing operations was USD 1.12 compared to USD 0.89 a year ago. Diluted loss per share from continuing operations was USD 1.12 compared to USD 0.89 a year ago.