Casa Systems IPO

Casa Systems IPOCasa Systems provides a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Its innovative solutions enable customers to cost-effectively and dynamically increase network speed, add bandwidth capacity and new services for consumers and enterprises, reduce network complexity and reduce operating and capital expenditures.

The company has created a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. These networks share a common set of core and access network functions that enable network services, such as subscriber management, session management, transport security and radio frequency, or RF, management. Our Axyom ™ software architecture allows each of these network functions to be provided and controlled by a distinct segment of software, which can be integrated or combined together in a building block-style fashion with the segments of software responsible for each other network function. This allows the company to offer network architectures that can be efficiently tailored to meet each customer’s specific requirements, both as they exist at the time of initial implementation and as they evolve over time. While it initially focused on providing solutions for cable service providers due to its founders’ experience in the cable industry, the commonalities between fixed and wireless network architectures have allowed the company to expand its solutions into the wireless market as cable service providers have increasingly sought to add wireless capabilities to their service offerings.

Casa Systems (CASA) IPO details

Subscription Dates To be updated
Price Band USD13 per share
Core IPO Size 6 million shares (USD78 million)
Over-allotment option Nil
Total IPO size 6 million shares (USD78 million)


Casa Systems' consolidated financial performance (in USD mil.)
2014 2015 2016 9M 2017
Total revenue 211.3 272.5 316.1 233.6
Gross profit 146.3 192.8 218.3 167.1
Net income 23.8 30.4 -35.1 7.7

Source: Casa Systems' S-1 Filing

Casa Systems Inc
100, Old River Road
Massachusetts 01810

Phone: +1 978 688 6706

Earnings Per Share (EPS): - USD5.34

Price/Earnings (P/E) ratio: NA

Book Value: - USD16.37 per share (as of 30 September 2017)

IPO Date: To be updated

Listing Date: To be updated

Listing Price on NASDAQ: To be updated

Closing Price on NASDAQ: To be updated

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