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

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) honored its customer, Silver Star Communications (Silver Star), with a 2023 Calix Innovations Award, recognizing them as a “Giant of Customer Service and Support.” The award spotlights Silver Star for maintaining customer support excellence while growing rapidly across Idaho and western Wyoming. Silver Star recently completed a $100 million fiber-optic network expansion in five years instead of the expected 10, becoming the first broad.

Silver Star Elevates First Call Resolution by 83 Percent While Surpassing Growth Plans in Record Time, Earning Calix ‘Giant of Customer Service and Support' Award

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) recognizes Highline as a “Giant of Marketing” and a 2023 Calix Innovations Award winner. The award honors Highline for their visionary approach to creating broadband experiences that increase subscriber satisfaction and loyalty while fueling their impressive growth. A Calix customer since 2007, Highline leverages the Calix broadband platform to power their “Ultimate Wi-Fi” experience to subscribers in Colorado, Georgia, Kansas, Michiga.

Calix Names Highline a ‘Giant of Marketing' After ARPU Jumps 15 Percent in 6 Months Thanks to Personalized Services Offerings Built on SmartHome Managed Services

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that Missouri-based United Fiber, a subsidiary of United Electric Cooperative, is building on a 10-year partnership with Calix by leveraging its broadband platform to make Bark available as a managed service in more than 54 communities. Bark is an AI-powered text and social media monitoring service that alerts parents and guardians when their child faces online dangers, prompting swift intervention. By helping to prote.

United Fiber Launches Bark To Keep Kids Safer, Leveraging the Calix Platform To Make a Deep Impact as They Rapidly Grow Their Community

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Endeavor Communications (Endeavor) is leveraging the Calix broadband platform to quickly make social media monitoring service Bark available to thousands of families in Indiana. With this initiative, Endeavor is helping protect children's mental and physical health from pervasive threats related to digital content. Bark monitors children's texts, email, YouTube, and 30+ apps and social media platforms. If a child i.

Endeavor Communications Becomes First Indiana Service Provider To Help Protect Children From Cyberbullying With Bark on the Calix Platform

Calix's stock declined 48% due to an overvaluation and an overbought technical level. Calix looks attractive again as the valuation improved and with the stock bouncing higher from a support level. Calix's revenue and earnings are poised for future growth, as the BSP industry is expected to grow at a strong pace.

Calix: Pullback For The Stock Is In, Time To Buy Again

The average of price targets set by Wall Street analysts indicates a potential upside of 64.1% in Calix (CALX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 64.14% Upside in Calix (CALX): Here's What You Should Know

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that its board of directors increased the authorization to repurchase the Company's common stock by an additional $100 million under the existing stock repurchase program. Under the repurchase program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise, all in accordance with the rules of the Securities and Exchang.

Calix Increases Stock Repurchase Authorization by An Additional $100 Million

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) launched the new E7-2 XG1601 line card today, greatly advancing the capabilities of Calix Intelligent Access EDGE™. Compared with previous line cards, the E7-2 line card provides continued sustainability benefits for broadband service providers (BSPs)—delivering 50 percent less power per port while continuing to ensure fast, flexible deployment of managed services. Broadband providers can now connect more subscribers within the same se.

Broadband Providers Can Rapidly Deploy SmartLife Managed Services While Achieving Impressive 50 Percent Improvements in Sustainability With Advancements for Calix Intelligent Access EDGE E7-2

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announced revolutionary advancements for data sharing between customer support and broadband operations teams. The latest evolution of Calix Service Cloud (formerly Support Cloud) and Calix Operations Cloud—integral components of Calix Cloud® on the Calix broadband platform—enable customer service representatives (CSRs) to proactively identify and solve subscriber issues faster. These updates give customer support teams streamlined and.

Customer Support Teams Can Now Access Relevant Operational Insights in Calix Cloud With One Click To Drive Faster Issue Resolution

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc.(NYSE: CALX) made its debut on Fortune's 38th annual “100 Fastest-Growing Companies” list for 2023, ranking 82nd based on growth in revenue, profits, and stock returns. All companies named to the list have delivered an average annual return of 42 percent to their shareholders and outperformed the S&P 500's annual return of 15 percent over a three-year period through June 2023. Each of the fastest-growing companies reflects steady and continuous.

Calix Debuts on Fortune's 100 Fastest-Growing Companies List for 2023

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Smithville Communications (Smithville), the largest privately owned broadband service provider (BSP) in Indiana, is rapidly scaling their business offering with Calix SmartBiz™. SmartBiz on the Calix broadband platform enables Smithville to meet the unique broadband needs of small business owners by packaging managed Wi-Fi, network security, and business productivity on top of high-speed internet access. SmartBiz i.

Smithville Leverages the Calix Platform To Launch SmartBiz in Just Two Months To Support Indiana Small Businesses

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announced today that SCTelcom is leveraging SmartLife™ managed services on the Calix broadband platform to deliver world-class broadband to every aspect of life in their Kansas and Oklahoma communities. The cooperative has partnered with Calix for well over a decade to steadily grow its residential broadband business. They launched SmartHome™ residential managed services like network-level cybersecurity and advanced home network contro.

SCTelcom Transforms Rural Broadband Experiences by Leveraging Calix SmartLife Managed Services for Home, School, and Around Town

Calix (CALX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -28.64% in 4 Weeks, Here's Why You Should You Buy the Dip in Calix (CALX)

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 Kuntz - Needham & Company Joseph Cardoso - JPMorgan Michael Genovese - Rosenblatt Securities Timothy Savageaux - Northwind Capital Markets Greg Mesniaeff - WestPark Capital Scott Searle - Roth MKM Operator Greetings everyone, and welcome to the Calix Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Calix, Inc. (CALX) Q3 2023 Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Tennessee-based cooperative Gibson Connect is deploying Bark on the Calix broadband platform to their communities, employees, and board members. Bark is an AI-powered text and social media monitoring managed service for families that broadband service providers (BSPs) can deploy on the Calix platform to help protect children from a wide range of online dangers. Inspired by last week's Calix ConneXions 2023 customer.

Gibson Connect Announces Rapid Deployment of Bark to Their Employees, Board Members, and Across Their Communities, Enabled by the Calix Broadband Platform

The third-quarter numbers Calix reported after the bell Monday were generally quite good. The midpoint of its revenue guidance range for Q4 missed the analysts' consensus estimate.

Why Calix Stock Is Plummeting Today

Calix (CALX) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.34 per share a year ago.

Calix (CALX) Surpasses Q3 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its third quarter 2023, 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 Ween.

Calix Releases Third Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, broadband platform company Calix, Inc. (NYSE: CALX) awarded its partner community at ConneXions 2023, presenting its recipients with six 2023 Partner Innovations Awards. The Calix Partner Innovations Awards are distributed annually to acknowledge transformative companies contributing to and making an impact on broadband service providers (BSPs) throughout the year. Calix has over 200 trusted partners in its community, spanning the channel and solution p.

Calix Awards Innovative Partners Enabling Broadband Providers To Transform Their Businesses, Drive Growth, and Create Greater Value For Their Communities

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, at its annual customer success and innovation conference, broadband platform company Calix, Inc. (NYSE: CALX) presented the 12th annual 2023 Customer Innovations Awards. Calix routinely recognizes customers who are transforming their core business functions—including customer service and support, operational excellence, network engineering, and marketing—with awards for these categories. This year's awards introduced a new category, Giant of Community,.

Calix Innovations Awards Honor 7 Trailblazing Customers Who Are Winning the Hearts and Minds of Subscribers While Growing Their Communities

SAN JOSE, Calif.--(BUSINESS WIRE)--Broadband platform company Calix, Inc. (NYSE: CALX) today announced flexible installation options for broadband service providers (BSPs) to make available to their subscribers. These will further streamline and accelerate the rollout of Calix Wi-Fi systems and its expanding portfolio of managed services. This expanded range of installation options will enable subscribers to take control of their experience with “do it yourself” installation, upgrade remotely v.

Calix Expands Broadband Providers' Ability to Automate and Streamline Wi-Fi System Installations for Subscribers

SAN JOSE, Calif.--(BUSINESS WIRE)--At its annual customer success and innovation conference, Calix ConneXions 2023, Calix, Inc. (NYSE: CALX) announced the evolution of its award-winning Calix Support Cloud to Service Cloud. In addition to its powerful existing capabilities, for the first time, Service Cloud will enable broadband service providers (BSPs) to leverage industry-leading, personalized support functions across multiple channels. New features coming to Service Cloud will continue to dr.

Calix Support Cloud Becomes Service Cloud, Enabling Customers To Make a Monumental Shift to Multi-Channel Support for Subscribers

SAN JOSE, Calif.--(BUSINESS WIRE)--At Calix ConneXions 2023, broadband platform company Calix, Inc. (NYSE: CALX) announced the transformation of Calix Marketing Cloud to become Engagement Cloud. This fundamental evolution reinforces the breadth and depth of powerful capabilities that Calix provides broadband service provider (BSP) marketers. Advanced, data-driven insights, integrations with leading digital marketing platforms, increased automation, and new levels of personalization will enable.

Calix Transforms Marketing Cloud to Engagement Cloud, Enabling Broadband Providers To Automate Impactful Engagement and Support New Market Growth

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced new ways for broadband service providers (BSPs) to cost-effectively deploy and manage high-margin managed services and the underlying end-to-end network using the Calix broadband platform and Calix Operations Cloud. By taking advantage of the latest automation and real-time predictive analytics capabilities in Operations Cloud, BSPs will be able to streamline migration to new technologies, enable seamless sharing of ins.

Calix Evolves Operations Cloud So Broadband Providers Can Easily Expand Into New Markets While Delivering Incredible Subscriber Experiences

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, at its annual customer success and innovation conference, broadband platform company Calix, Inc. (NYSE: CALX) announced SmartMDU™. SmartMDU is purpose-built for any broadband service provider (BSP) to service multi-dwelling units (MDUs), both inside and outside their current footprint. SmartMDU will enable BSPs to go to market with a revolutionary value proposition for property management customers and their tenants. When it launches next year, SmartMDU.

News for Calix Stock (CALX)