Investors didn't like the guidance the company proffered in its latest earnings report.Broadband communications specialist Calix (CALX -5.18%) likely felt that investors were hanging up on its stock Tuesday. The company published its first-quarter results, and while there were numerous developments to like, investors weren't cheered by what management saw in their crystal ball. As a result, the stock's price fell by more than 5% on a day when the S&P 500 index was well in positive territory with a 1.2% incr ...

Once again, we want to thank everyone on this call and webcast for your interest in Calix, and for joining us. And this concludes our conference call. Have a great day. Operator Thank you. This concludes today's conference call. You may disconnect your lines at this time. Thank you for your participation. Michael Weening Well, so as we -- you know, when you go back during the pandemic, our lead times were as high as 18 months. During that situation, we had deep insight into what a BSP was doing through beca ...

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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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this cloud, software platforms, systems and services provider for communications service providers would post earnings of $0.37 per share when it actually produced earnings of $0.43, d ...

Fellow Calix stockholders: Over several years, we have developed a highly predictable platform, cloud and manages services operating model that is growing at a strong clip. This is demonstrated most acutely by the success our customers are having with their subscribers through higher Net Promoter Scores and a growing subscriber base. Our new BSP customer additions continued with 10 new BSPs partnering with Calix in the first quarter of 2024. Unlike in times past when many new customers were startups, our ne ...

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. However, a high-performing sector does not equate to all stocks performing well. Some stocks get battered during the sector’s upward journey — this drop allows us to look at discounted tech stocks to buy. For courageous investors willing to take the chance, looking f ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced an exclusive partnership with industry-leading funding solution provider Ready.net, Inc. The partnership enables Calix to leverage Ready.net’s powerful tools as part of its existing Funding Consult Program and connect over 1,600 Calix customers with a streamlined portal to apply for and win grant funds, secure capital, and adhere to public funding requirements. At the same time, Calix will be the exclusive broadband platform and ma ...

Table of Contents POWER OF ATTORNEY Each person whose individual signature appears below hereby authorizes and appoints Michael Weening and Cory Sindelar, and each of them, with full power of substitution and re-substitution and full power to act without the other, as his true and lawful attorney-in-fact and agent to act in his name, place and stead and to execute in the name and on behalf of each person, individually and in each capacity stated below, and to file any and all amendments to this Annual Repor ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced enhancements to the Calix Broadband Platform that further enable broadband service providers (BSPs) to simplify their operations and run incredibly efficient broadband businesses. The Calix Platform (Calix Cloud®, Intelligent Access™, and Unlimited Subscriber™) enables BSPs to enhance and strengthen their operations, lower expenses, and run greener networks to sustain their business long into the future. With the latest updates to t ...

SAN JOSE, Calif. & LONDON--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) released significant updates to Calix SmartBiz™ that further accelerate growth for its customers and the small businesses they serve. These updates deliver multiple benefits for broadband service providers (BSPs), including the ability to onboard small business subscribers faster, expanded support capabilities, and deeper cloud insights to accelerate market penetration. SmartBiz is a purpose-built small business solution that ope ...