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Broadband Providers Boost Revenue 15 Percent or More With Tailored Offerings Built on Calix SmartHome
Businesswire· 2024-02-13 18:30
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced continued advancements that further enable broadband businesses to transform the way they go to market with bold offerings that delight residential subscribers at home and around town. These updates—encompassing the Calix Broadband Platform and the managed service offerings in Calix SmartHome™—give broadband service providers (BSPs) powerful new ways to simplify and optimize their marketing and support activities. As a result, they ...
Calix Announces Upcoming Investor Events
Businesswire· 2024-02-07 14:05
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the upcoming investor events: Event: Morgan Stanley Technology, Media & Telecom Conference Date: March 5, 2024 Presentation time: 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time Location: Palace Hotel – San Francisco Participants: Chairman, Carl Russo; CFO, Cory Sindelar Event: 36th Annual ROTH Conference Date: ...
Why Calix Stock Dived 26% Lower Today
The Motley Fool· 2024-01-31 00:00
While quarterly earnings beats are usually happy events, they don't always result in immediate share price gains. That was the situation with specialty tech stock Calix (CALX -25.70%) on Tuesday; despite an earnings report that was impressive at first glance, investors were troubled by what the future might bring. As a result, they traded out of the company's shares to the point where the stock lost nearly 26% of its value.Top and bottom-line beats for the fourth quarterAfter market hours Monday, Calix unve ...
Calix (CALX) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-01-30 20:11
Calix’s (CALX) fourth-quarter 2023 adjusted earnings of 43 cents per share beat the Zacks Consensus Estimate by 16.22%. The figure increased 26.5% year over year.Net sales increased 8.3% year over year to $264.7 million but missed the consensus mark by 0.02%.Calix’s fourth-quarter results benefited from a strong portfolio of cloud and managed services.The top line benefited from growth in the cloud and managed services for Broadband Service Providers (BSPs). Calix added 17 new BSPs in the quarter, bringing ...
Calix(CALX) - 2023 Q4 - Earnings Call Transcript
2024-01-30 15:52
Company Participants Cory Sindelar - CFO Joe Cardoso - JPMorgan Scott Searle - ROTH MKM It is now my pleasure to introduce your host, Jim Fanucchi, Vice President of Investor Relations. Sir, please go ahead. As a reminder, yesterday after the market closed, Calix issued a news release which was furnished on our Form 8-K along with our stockholder letter, and both were posted in the Investor Relations section of the Calix website. Today's conference call will be available for webcast replay in the Investor R ...
Calix (CALX) Q4 Earnings Top Estimates
Zacks Investment Research· 2024-01-30 00:06
Calix (CALX) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.22%. A quarter ago, it was expected that this cloud, software platforms, systems and services provider for communications service providers would post earnings of $0.36 per share when it actually produced earnings of $0.4 ...
DirectLink Expects To More Than Double Calix SmartBiz Subscribers in the First Quarter With Rapid Adoption Among Oregon-Based Small Businesses
Businesswire· 2024-01-25 20:30
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that DirectLink, a member-based cooperative in northwestern Oregon, expects to double Calix SmartBiz™ business subscribers in the first quarter of 2024. As a managed service fully integrated into the Calix broadband platform, SmartBiz was simple for DirectLink to adopt and launch. Knowing their small business owners needed a network management solution that was purpose-built, easy to use, and flexible to serve any need, DirectLin ...
CL Tel Strengthens Community Efforts To Keep Kids Safe Online by Deploying Bark on the Calix Platform
Businesswire· 2024-01-24 18:30
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that telecommunications service provider CL Tel leveraged the Calix broadband platform to deploy Bark and support the fight against cyberbullying and other online dangers in their Iowa communities. CL Tel has delivered critical technology innovation to their northern Iowa communities for 125 years. Today, that commitment extends to providing safe and secure internet experiences, especially for local youth. Bark is a managed servi ...
Calix (CALX) Rides on Strong Clientele & Solid Partner Base
Zacks Investment Research· 2024-01-15 19:17
Calix (CALX) is making significant strides in the broadband industry, driven by a growing clientele and an expanding global footprint.In the third quarter of 2023, Calix reported a record revenue of $263.8 million, marking its 10th consecutive quarter of sequential growth.The continuous growth underscores Calix’s ability to capture market share and adapt to the evolving needs of broadband service providers (BSPs).Calix's broadband platform is a key catalyst in enhancing its partner ecosystem, fostering succ ...
Calix(CALX) - 2023 Q3 - Earnings Call Transcript
2023-10-24 18:05
Calix, Inc. (NYSE:CALX) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET Company Participants Jim Fanucchi - VR, IR Michael Weening - President and CEO Cory Sindelar - CFO Conference Call Participants George Notter - Jefferies Ryan Koontz - Needham & Company Joseph Cardoso - JPMorgan Michael Genovese - Rosenblatt Securities Timothy Savageaux - Northland Capital Markets Greg Mesniaeff - WestPark Capital Scott Searle - ROTH MKM Operator Greetings everyone, and welcome to the Calix Third Quarter 20 ...