ANDOVER, Mass., April 03, 2024 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (NASDAQ:CASA) ("Casa" or the "Company"), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, today initiated a court-supervised process that is intended to achieve value-maximizing sales of its businesses. To facilitate these sales, the Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the D ...

NEW YORK and ANDOVER, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Alef, a leader in mobile connectivity solutions, and Casa Systems, provider of cloud-native network solutions serving communications services providers (CSPs) worldwide, have partnered to introduce a groundbreaking Mobile Private Network (MPN) solution. This innovative collaboration delivers CSPs a redefining MPN solution to drive scaled adoption throughout the enterprise sector. Out with the Old: Overcoming Traditional MPN Challenges The GSMA r ...

Casa Systems, Inc. (NASDAQ:CASA) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Dennis Daly - Investor Relations Ed Durkin - Chief Financial Officer Tim Savageaux - Northland Capital Markets Good afternoon and welcome to Casa Systems Third Quarter 2023 Earnings Call. [Operator Instructions] As a reminder this call is being recorded. Thank you, operator and good afternoon, everyone. Casa Systems released results for the third quarter fiscal year 2023 ended September 30, 2023, this afternoon aft ...

Certain of the components and subassemblies included in the Company's products are obtained and manufactured from a single source or a limited group of suppliers. Although the Company seeks to reduce dependence on those single or limited source suppliers, the partial or complete loss of certain of these sources could have a material adverse effect on the Company's operating results, financial condition and cash flows and damage its customer relationships. Accumulated Cost Amortization Net Balance $ 25,000 $ ...

Dennis Daly - Investor Relations Ed Durkin - Chief Financial Officer Good afternoon and welcome to the Casa Systems Second Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this call is being recorded. Company Participants Michael Glickman - President and Chief Executive Officer Tim Savageaux - Northland Capital Markets At this time I would like to turn the call over to Dennis Daly, VP of Corporate Development and Investor Relations. Thank you, operator, and good afternoon, everyone. With m ...

Further, in connection with the Superpriority Credit Agreement, the Company identified certain embedded features requiring bifurcation as derivatives under ASC 815. These embedded derivatives are required to be bifurcated from the debt host contract at fair value with subsequent changes in fair value recognized in earnings at each balance sheet date (see Note 8). The fair value of the embedded derivatives is based on a Monte Carlo valuation model utilizing a with and without analysis of the embedded feature ...

Casa Systems, Inc. (NASDAQ:CASA) Q1 2023 Results Conference Call May 9, 2023 6:00 PM ET In addition to U.S. GAAP reporting, we report certain financial measures that do not conform to generally accepted accounting principles. During the call, we may use non-GAAP measures if we believe it is useful to investors or believe it will be helpful to investors to better understand our performance or business trends. And finally, before I go into the Q1 financial results, I would like to note that the search for a p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to _________. Commission File Number: 001-38324 Casa Systems, Inc. (Exact name of registrant as specified in its charter) Delaware 75-3108867 (Stat ...

Jerry Guo - Chief Executive Officer Conference Call Participants Hello! And welcome to Casa Systems Q4 2022 Earnings Conference Call and Webcast. [Operator Instructions]. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded. With me on todayâs call are Jerry Guo, our Chief Executive Officer; and Ed Durkin, our Chief Financial Officer. This call is being webcast and will be archived on the Investor Relations section of our website. In addition to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38324 Casa Systems, Inc. (Exact name of Registrant as specified in its Charter) Delaware 75-3108867 (State or other jurisdiction of ( ...