Calix Analysts Increase Their Forecasts After Upbeat Q3 Results

Calix, Inc. (NYSE:CALX) reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates, after the closing bell on Wednesday.Calix posted adjusted earnings of 44 cents per share, beating market estimates of 24 cents per share. The company's quarterly sales came in at $265.437 million versus expectations of $246.100 million.Calix said it sees fourth-quarter adjusted EPS of $0.35-$0.41, versus estimates of $0.20. The company projects sales of $267.000 million-$ ...