Calix

Calix, Inc. provides cloud and software platforms, systems and services required to realize the unified access network. The firm offers broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. It enables communication service providers to provide a wide range of revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. The firm focuses on communications service providers access networks with the portion of the network, which governs available bandwidth and determines the range and quality of services that can be offered to subscribers. It also develops and sells carrier-class hardware and software products. The company was founded by Michael L. Hatfield and Carl E. Russo in August 1999 and is headquartered in San Jose, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Calix reports robust Q4 results, anticipates strong growth in 2023

Calix delivered strong Q4 results, projecting solid revenue growth and gross margin expansion for 2023.
The company's focus on enabling broadband service providers through innovative offerings and customer success is driving positive market sentiment.
While facing challenges in supply chain management and program complexities, Calix remains optimistic about its growth trajectory and market positioning.
Calix's commitment to execution, innovation, and customer-centric approach underpins its leadership in the communication industry and sets the stage for continued success.

Calix reports record Q1 revenue, eyes growth amid market shifts

Calix's Q1 performance exceeded expectations with record revenue and continued growth.
The company's strengths lie in supply chain improvements, strong balance sheet, and customer loyalty.
Challenges include potential impacts from interest rate changes and varying adoption of managed services.
Opportunities exist in accessing more capital, expanding footprints, and transforming businesses for growth.

Calix reports record revenue and efficiency gains, eyes growth opportunities

Calix's Q2 2023 earnings call highlighted strong financial performance, focus on customer success, and strategic investments in growth opportunities. The company's efficient network solutions and managed services offer scalability and differentiation in the market.

Calix reports record revenue and margin growth, eyes underserved markets

Calix's strong financial performance in Q3 2023 reflects consistent revenue growth, margin expansion, and cash flow generation.
The company's focus on strategic partnerships, innovative services, and community connectivity positions it well for future growth.
While facing challenges in inventory lead times and government funding complexities, Calix is leveraging opportunities in underserved markets and new service offerings.

Calix reports strong Q4 earnings, eyes expansion amid market differentiation

Calix's Q4 performance showcased resilience amidst challenges, with a focus on strengthening financials and strategic positioning for future growth. The company's unique platform and services are key strengths driving expansion and differentiation in the market. Despite near-term challenges, Calix is optimistic about seizing opportunities in 2024 and beyond.

Calix reports strong Q1 earnings, eyes growth through partnerships

Calix's Q1 earnings call highlighted strong financial performance, challenges in the appliance business, and opportunities for growth through partnerships and upcoming investments. The company aims to navigate revenue declines in Q2 and return to growth driven by smaller customer segments.

Calix reports record margins and growth, eyes revenue opportunities

Calix's Q2 performance reflects strong growth with record gross margin and revenue of $198 million.
The company's focus on customer success, platform adoption, and strategic partnerships bodes well for future growth.
Challenges include understanding customer segments, achieving revenue projections, and market dynamics.

Calix reports strong Q3 performance and eyes growth opportunities

Calix delivered a strong Q3 performance with revenue growth, record gross margin, and increased RPOs, reflecting positive market reception and demand for its solutions.
The company's financial strength, strategic focus on customer transition, and upcoming initiatives like the BEAD program offer growth potential and revenue diversification.
While challenges in sustaining growth and managing expenses exist, Calix's opportunities lie in expanding its customer base, enhancing product offerings, and driving innovation.
Investors should monitor Calix's execution on its growth strategies, customer transition initiatives, and the BEAD program for insights into its future performance and market positioning.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CarGurus

Corcept Therapeutics

Catalyst Pharmaceuticals

Gogo

Moelis

MYR Group

Palomar

Shutterstock

StepStone Group

After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower their risk or do some bargain shopping.

These small-cap stocks score highest when screened for quality

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announces its portfolio of fully compliant Broadband Equity, Access, and Deployment (BEAD) solutions. This extensive portfolio of compliant systems on the Calix Broadband Platform ensures broadband service providers (BSPs) can act quickly to retain their share of the upcoming $42.45 billion in federal funding. The Calix Funding Consult Program helps broadband providers secure and maintain funding allocations by simplifying the a.

Calix Announces BEAD-Compliant Broadband Platform Offerings So Any Service Provider Can Deliver Differentiated Subscriber Experiences to Rural America

Calix is rated as a buy due to its next-generation products enabling BSPs to compete effectively, achieve cost savings, and better monetize their subscriber base. CALX disrupts the mature BSP industry with its platform approach. Recent growth slowdown attributed to weak macro environment and BEAD program uncertainties, but expected to be temporary with potential for recovery.

Calix: A Disruptor In A Mature Industry

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Monday, July 22, 2024, after market close, the company will post on the Calix Investor Relations website its second quarter 2024 stockholder letter for the period ended June 29, 2024. The posting of the stockholder letter will be announced over the newswire with a link to the letter to stockholders available at https://investor-relations.calix.com/. Calix will host a conference call to discuss these results the f.

Calix to Post Second Quarter 2024 Results on July 22, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that 10-year customer YK Communications has revolutionized their entire go-to-market and support model with the Calix Broadband Platform, Calix Customer Success Services, and SmartLife™ managed services. With extensive cloud insights from Calix, the family-owned broadband service provider (BSP) has turned all subscriber-facing employees into brand ambassadors who enhance engagement and create upsell opportunities. They.

YK Communications Achieves a Stellar 92 Net Promoter Score As Every Employee Delivers Outstanding Broadband Experiences Powered by Calix

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that the success of its customers has earned the company a host of Stevie® Awards from the 2024 American Business Awards®. This latest recognition underscores the growing acclaim Calix continues to receive—from inside and outside the industry—for enabling broadband service providers (BSPs) of all sizes to differentiate and win. Over the past two years, TMC, Digiday, and more have recognized the cloud capabilities of the.

Calix Dominates With Year-Over-Year Global Acclaim by Enabling Broadband Providers To Achieve Go-to-Market Excellence and 90+ Net Promoter Scores

Accelerate Diagnostics

Plug Power

A dead cat bounce is when a falling stock sees a short-term recovery, but is ultimately likely to head lower. It comes from the idea that “even a dead cat will bounce if it falls from a great height.

Dead Cat Bounce: 3 Stocks to Sell Before They Plunge Again

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that, in only six months, SCTelcom enhanced subscriber loyalty and revenue by extending exceptional broadband experiences to all facets of rural life with SmartLife™ managed services and the Calix Broadband Platform. Broadband service providers (BSPs) leverage the singular Calix Platform and integrated SmartLife managed services to connect homes (SmartHome™), parks, recreational fields, festivals, government services (.

SCTelcom Earns 79 Net Promoter Score by Transforming Every Aspect of Rural Living With Calix SmartLife Managed Services

SAN JOSE, Calif.--(BUSINESS WIRE)--Today Calix, Inc. (NYSE: CALX) announced that multiple customers are leveraging outdoor Wi-Fi systems on the Calix Broadband Platform to delight residential subscribers with differentiated value while growing revenue. Broadband service providers (BSPs) across the United States are deploying the compact, weather-resistant Calix GigaSpire® u4hm to enable outstanding outdoor experiences—like streaming, enhanced security systems, and connected pool houses—for resi.

Broadband Providers Grow Revenue and Differentiate With Outdoor Wi-Fi To Connect Pools, Home Farms, and More in Minutes With Calix

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today launched the ASM5001 as the latest addition to its service aggregation portfolio for Intelligent Access on the Calix Broadband Platform. This launch delivers the industry's first software-defined broadband system, merging Layer 3 service delivery, subscriber management, 100GE aggregation, and high-density optical line terminal (OLT) nodal management. This combination provides the capacity to aggregate service traffic while easily.

Calix Delivers Industry's Only Integrated, High-Density Service Aggregation Portfolio So Broadband Providers Can Serve Highly Populated Regions and New Markets

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) unveiled groundbreaking capabilities for broadband service providers (BSPs) with the industry's only on-demand optical network terminal (ONT) speed and latency testing. This innovation further advances the testing capabilities currently available for Wi-Fi gateways on the cloud-and-software-enabled Calix Broadband Platform. With the click of a button, BSPs can utilize the platform to run speed and latency tests to streamline issue reso.

Calix Industry-First ONT Speed and Latency Testing Delivers Broadband Performance Insights So Providers Can Differentiate Through Amazing Customer Support

SAN JOSE, Calif. & LONDON--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) unveiled updates to SmartBiz™, a purpose-built small business solution for broadband service providers (BSPs), that expand an existing set of robust security capabilities. These enhancements help BSPs ensure the safety, security, and compliance of critical small business online activities at scale. Updates include new security alerts and heightened cybersecurity reporting across primary, staff, and point of sale (POS) m.

Calix Deepens SmartBiz Security Capabilities, Enabling Broadband Providers To Keep Small Businesses Safe, Secure, and Anti-Spam Compliant

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced ICS Advanced Technologies (ICS) connected over 125 percent more residential housing units than expected thanks to their investment in the Calix Broadband Platform. Based in Iowa, ICS has a 20-year legacy of serving the multi-dwelling unit (MDU) market throughout the United States. Until partnering with Calix, the ICS team combined various solutions to cater to the complex needs of property owners and unit residents. Wi.

ICS Achieves 10X Faster Time to Revenue and 125+ Percent Increase in MDU Connections With Calix

Presto Automation Inc

Vuzix

Tech stock investors have seen tremendous volatility over the past few years. While many stocks have soared, not al have.

3 Tech Stocks to Sell ASAP Before They Collapse

The broadband specialist delivered a mixed first quarter. While it didn't quite meet the average analyst revenue estimate, it beat on the bottom line.

Why Calix Stock Plummeted by 5% on Tuesday

Calix, Inc. (NYSE:CALX ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Jim Fanucchi - Vice President of Investor Relations Michael Weening - President & Chief Executive Officer Cory Sindelar - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company George Notter - Jefferies Samik Chatterjee - JPMorgan Scott Searle - ROTH MKM Tim Savageaux - Northland Capital Markets Christian Schwab - Craig-Hallum Operator Greetings, everyone and welcome to the Calix First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Calix, Inc. (CALX) Q1 2024 Earnings Call Transcript

Calix, the telecom company, dropped close to 16% in Tuesday's premarket after it warned revenues would come in lower than expected in the second quarter. Sales in the period are expected to reach between US$197 million and US$203 million, down from last year's US$261 million and lower than Wall Street's guidance of US$232.8 million.

Calix shares tumble as it lowers revenue guidance

Calix (CALX) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.31 per share a year ago.

Calix (CALX) Tops Q1 Earnings Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its first quarter of 2024, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix investor relations website at https://investor-relations.calix.com to view the letter to stockholders, along with accompanying supplemental financial information. A conference call to discuss these results with President & CEO Michael W.

Calix Releases First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announces it has achieved an AA rating from the environmental, social, and governance ratings agency MSCI. This represents a notable achievement just one year after Calix formally established its office of sustainability, tapping Martha Galley to lead as chief sustainability officer. As of 2024, Calix has earned a cumulative “Industry-Adjusted” score of 7.3 to achieve an AA rating from MSCI—up from a score of 6.8 and an A rating in 202.

Calix Upgraded to Rating of AA From MSCI Due to Industry-Leading Sustainability Programs and Results

Lantronix

OppFi

The tech sector has been on an upward trend ever since AI came into the spotlight. Some companies, like Microsoft (NASDAQ: MSFT ) and Nvidia (NASDAQ: NVDA ), saw massive growth in industry coverage and valuations and have shown no signs of slowing.

Tech Turnaround Targets: 3 Stocks Poised to Bounce Back and Reward Investors

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced broadband service providers (BSPs) using performance testing services—enabled by cloud capabilities on the Calix Broadband Platform—have surpassed 2 billion total tests required by the Federal Communications Commission (FCC). Since adding FCC performance testing services to the Calix Platform, 74 percent of all federally funded BSPs in the U.S. rely on them to apply for, secure, and maintain funding. To better navigate.

74 Percent of Federally Funded BSPs Trust Calix for Compliance Reporting, Surpassing 2 Billion Tests Performed in Just 3 Years

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Monday, April 22, 2024, after market close, the company will post on the Calix Investor Relations website its first quarter 2024 stockholder letter for the period ended March 30, 2024. The posting of the stockholder letter will be announced over the newswire with a link to the letter to stockholders available at https://investor-relations.calix.com/. Calix will host a conference call to discuss these results the.

Calix to Post First Quarter 2024 Results on April 22, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that Tombigbee Fiber, LLC (Tombigbee) is the first customer to leverage the community-wide network they created with Calix SmartTown™ to grant first responders free access to secure and reliable Wi-Fi. This initiative ensures 68 first responder organizations in Mississippi have access to ubiquitous coverage at no cost—making a positive impact well beyond the Tombigbee customer base to benefit tens of thousands more res.

Tombigbee Fiber Enables First Responders to Deliver Lifesaving Services in Rural Mississippi With Free Wi-Fi Built on Calix SmartTown

ALPHARETTA, Ga. , March 26, 2024 /PRNewswire/ -- GOCare, a SaaS provider of digital Customer Experience software, is excited to announce its strategic partnership with Velocity Network.

News for Calix Stock (CALX)