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Casa Systems (Casa Systems) Gross Profit : $103.8 Mil (TTM As of Sep. 2023)


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What is Casa Systems Gross Profit?

Casa Systems's gross profit for the three months ended in Sep. 2023 was $25.9 Mil. Casa Systems's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $103.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Casa Systems's gross profit for the three months ended in Sep. 2023 was $25.9 Mil. Casa Systems's Revenue for the three months ended in Sep. 2023 was $62.1 Mil. Therefore, Casa Systems's Gross Margin % for the quarter that ended in Sep. 2023 was 41.70%.

Casa Systems had a gross margin of 41.70% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Casa Systems was 73.40%. The lowest was 36.18%. And the median was 69.06%.

Warning Sign:

Casa Systems Inc gross margin has been in long-term decline. The average rate of decline per year is -13.3%.


Casa Systems Gross Profit Historical Data

The historical data trend for Casa Systems's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Casa Systems Gross Profit Chart

Casa Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only 217.97 162.53 200.60 188.18 103.67

Casa Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.38 35.98 18.16 23.82 25.89

Competitive Comparison of Casa Systems's Gross Profit

For the Communication Equipment subindustry, Casa Systems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Casa Systems's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casa Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Casa Systems's Gross Profit falls into.



Casa Systems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Casa Systems's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=286.537 - 182.871
=103.7

Casa Systems's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=62.089 - 36.198
=25.9

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Casa Systems's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=25.9 / 62.089
=41.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Casa Systems  (OTCPK:CASSQ) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Casa Systems had a gross margin of 41.70% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Casa Systems Gross Profit Related Terms

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Casa Systems (Casa Systems) Business Description

Traded in Other Exchanges
Address
100 Old River Road, Andover, MA, USA, 01810
Casa Systems Inc is engaged in providing 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. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.
Executives
Philip Jr. Paro officer: Chief Accounting Officer 100 OLD RIVER ROAD, C/O CASA SYSTEMS, INC., ANDOVER MA 01810
Michael Glickman director, officer: President and CEO 100 OLD RIVER ROAD, ANDOVER MA 01810
Styslinger William C Iii director 124 ACTON STREET, MAYNARD MA 01754
Edward Durkin officer: Chief Financial Officer C/O CASA SYSTEMS, INC., 100 OLD RIVER ROAD, ANDOVER MA 01810
Weidong Chen officer: Chief Technology Officer 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Michael T Hayashi director MINDSPEED TECHNOLOGIES, INC., 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
Lucy Xie director, officer: SVP of Operations 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Daniel S. Mead director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Matthew Slepian officer: Corporate Controller CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Jerry Guo director, 10 percent owner, officer: President & CEO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Scott Bruckner officer: Interim CFO CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Susana D'emic director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Maurizio Nicolelli officer: Chief Financial Officer C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Shaun N. Mccarthy officer: Interim CFO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116

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