Casa Systems Sees FY23 Revenue $265M-$290M Vs $312.5M Est
Portfolio Pulse from Benzinga Newsdesk
Casa Systems has projected its FY23 revenue to be between $265M and $290M, which is lower than the estimated $312.5M.
August 08, 2023 | 9:40 pm
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Casa Systems' lower than expected FY23 revenue forecast could negatively impact its stock price.
Casa Systems' projected FY23 revenue is lower than the estimated $312.5M. This shortfall could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100