Casa Systems, Inc. (NASDAQ:CASA) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET

Company Participants

Michael Picariello – Director-Investor Relations

Jerry Guo – Chief Executive Officer

Ed Durkin – Chief Financial Officer

Conference Call Participants

Victor Chiu – Raymond James

Operator

Greetings and welcome to Casa Systems Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Michael Picariello, Director of Investor Relations. Thank you. You may begin your presentation.

Michael Picariello

Thank you, operator. And good afternoon, everyone.

Casa Systems released results for the second quarter of fiscal year 2022 ended June 30, 2022, this afternoon, after the market closed. If you did not receive a copy of our earnings press release, you may obtain it from the IR section of our website.

With me on today's call are Jerry Guo, our CEO, and Ed Durkin, our CFO.

This call is being webcast and will be archived on the IR section of our website.

Before I turn the call over to Jerry, I'd like to note that today's discussion will contain forward-looking statements based on the business environment, as we currently see it, and as such, it does include certain risks and uncertainties. Please refer to our press release and our SEC filings for more information on the specific risk factors that could cause our actual results to differ materially from the projections described in today's discussion.

Any forward-looking statements that we make on this call or in the earnings release are based upon information we believe as of today and undertake no obligation to update these statements, as a result of new information or future events.

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.

I'd like to turn the call over to Jerry. Jerry?

Jerry Guo

Thanks, Michael. Good afternoon and thank you to all for joining Casa’s second quarter fiscal year 2022 earnings call.

On today’s call, in addition to covering our second quarter results, I’ll provide some insights into our progress on our mature product lines, cable and Casa access devices, or CAD, as well as update our new cloud software and 4G, 5G redo offerings, dealing on some comments made on the last earnings call in May. I will also provide some updates on new customer wins and major opportunities ahead for us in the second half of 2022, and beyond.