Casa Systems Inc CASA Income Statement

Casa systems inc (CASA)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17
Revenue:
Total revenue
83,623	112,894	81,816	52,101	35,486	67,825	71,506	68,722	89,074	117,962	94,259	66,625	72,729
Cost of revenue:
Total cost of revenue
40,970	53,378	42,602	12,796	10,989	18,146	14,575	19,321	27,119	27,009	25,266	20,847	20,389
Gross profit
42,653	59,516	39,214	39,305	24,497	49,679	56,931	49,401	61,955	90,953	68,993	45,778	52,340
Operating expenses:
Research and development
21,211	22,508	24,158	18,260	18,405	17,345	16,403	16,696	20,530	16,765	15,217	14,227	14,468
Selling, general and administrative
24,991	27,002	23,823	17,302	20,193	15,502	17,905	16,163	18,456	-	-	-	-
Sales and marketing
-	-	-	-	-	10,063	-	-	-	12,619	8,747	8,156	10,080
General and administrative
-	-	-	-	-	5,439	-	-	-	7,176	4,866	4,526	4,995
Total operating expenses
46,202	49,510	47,981	35,562	38,598	32,847	34,308	32,859	38,986	36,560	28,830	26,909	29,543
Loss from operations
-3,549	10,006	-8,767	3,743	-14,101	16,832	22,623	16,542	22,969	54,393	40,163	18,869	22,797
Other income (expense):
Interest income
406	524	660	1,570	1,652	1,663	1,821	1,680	1,095	765	600	570	504
Interest expense
4,628	4,860	5,240	5,225	5,197	5,184	5,032	4,875	4,672	4,529	4,483	4,261	4,193
Gain (loss) on foreign currency, net
152	756	-869	503	-92	-466	69	-490	-24	113	138	605	30
Other income, net
62	45	106	142	229	409	411	366	201	105	193	320	119
Total other income (expense), net
-4,008	-3,535	-5,343	-3,010	-3,408	-3,578	-2,731	-3,319	-3,400	-3,546	-3,552	-2,766	-3,540
Loss before benefit from income taxes
-7,557	6,471	-14,110	733	-17,509	13,254	19,892	13,223	19,569	50,847	36,611	16,103	19,257
Benefit from income taxes
-8,719	32,131	-5,612	-558	-2,170	-1,662	995	-8,194	1,793	21,984	12,288	-1,057	1,103
Net income (loss)
1,162	-25,660	-8,498	1,291	-15,339	14,916	18,897	21,417	17,776	28,863	24,323	17,160	18,154
Other comprehensive income (loss)—foreign currency translation adjustment, net of tax
-516	49	-1,180	-646	713	268	-1,117	-1,665	1,162	655	560	479	239
Other comprehensive income (loss)—gain on foreign currency hedge, net of tax
356	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
1,002	-25,611	-9,678	645	-14,626	15,184	17,780	19,752	18,938	29,518	24,883	17,639	18,393
Net income (loss) attributable to common stockholders:
Basic and diluted
1,162	-	-8,498	1,291	-15,339	-	18,897	21,417	17,776	-	-	-	-
Basic
-	-	-	-	-	-	-	-	-	25,725	10,390	-31,854	7,588
Diluted
-	-	-	-	-	-	-	-	-	23,265	11,795	-31,854	8,643
Net income (loss) per share attributable to common stockholders:
Basic
0.01	-0.31	-0.10	0.02	-0.18	0.18	0.22	0.26	0.22	0.10	0.31	-0.95	0.23
Diluted
0.01	-0.31	-0.10	0.01	-0.18	0.17	0.21	0.23	0.19	0.08	0.27	-0.95	0.20
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic
83,990	84,137	84,068	83,884	83,323	83,103	86,167	83,257	81,629	40,465	33,701	33,652	33,618
Diluted
85,009	81,652	84,068	86,369	83,323	88,018	92,032	93,864	93,594	59,814	43,123	33,652	43,299
Product
Total revenue
73,758	101,182	71,319	42,223	26,653	57,446	60,817	58,537	80,189	106,741	84,196	55,750	65,209
Total cost of revenue
39,644	52,076	40,578	10,976	9,429	16,738	13,272	18,560	25,780	25,673	23,824	19,909	19,132
Service
Total revenue
9,865	11,712	10,497	9,878	8,833	10,379	10,689	10,185	8,885	11,221	10,063	10,875	7,520
Total cost of revenue
1,326	1,302	2,024	1,820	1,560	1,408	1,303	761	1,339	1,336	1,442	938	1,257