Well, actually George, you summarized them very clearly. If you want us to stack rank them I would say that it depends on the company and therefore inside each company, they're going to be different. So let's let's cover up what you so succinctly and accurately covered which is what we've been saying for multiple quarters since we started to see this in late 2023. So the one was that the decision-making on BEAD. And where as we've always stated that government funding is going to take much longer than antic ...

Exhibit 99.2 The second quarter of fiscal 2024 reflected the continued strength of our appliance-based platform, cloud and managed services model. We believe revenue of $198.1 million in the second quarter of 2024 represents the low point for revenue in 2024. We delivered record gross margin as our broadband service provider (BSP) customers continued to gain subscribers due to the outstanding services and value they are providing their subscribers. Our operational excellence remained evident in our strong b ...

Investment overview Business description CALX is a disruptor to a mature industry CALX CALX CALX Given that this is a disruptive model, the question is whether there is strong demand for it and if the products do work. The most solid evidence for strong demand can be seen from CALX Financials, where revenue from its small customer base saw exceptional growth post-launch of these next-gen products (revenue grew from $294 million in FY19 to $764 million in FY23). In terms of whether the product works, I belie ...

Tech stock investors have seen tremendous volatility over the past few years. While many stocks have soared, not al have. Thus, it is always a good idea to keep in mind which companies are worth adding to, and which are tech stocks to sell. If you look at broader indexes, that may not seem true. However, if you exclude the big cap names, it becomes very obvious that most companies in the tech sector are still finding it hard to appease Wall Street’s appetite for growth.The Russell 2000 Index, which tracks t ...

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 ...