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.

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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.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) appoints John Durocher as its chief customer officer (CCO), demonstrating its long-term commitment to helping broadband service providers (BSPs) succeed in a transforming industry. Calix plays a critical role in this endeavor by enabling BSPs to differentiate themselves in their markets, provide superior experiences, and transform their business models through its unique platform and managed services.

Calix Welcomes John Durocher as Chief Customer Officer To Lead Its Rapidly Growing, Award-Winning Customer Success, Services, Education, and Support Organization

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) continues to expand its commitment to enable customers to improve the lives of their subscribers, businesses, and communities by establishing an office of corporate social responsibility (CSR). Chief Customer Success Officer Martha Galley will lead the creation and expansion of the new office.

Calix Taps Transformational Customer Success Leader Martha Galley To Helm New Corporate Social Responsibility Office and Drive ESG Initiatives

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announces that Calix Marketing Cloud (Marketing Cloud) has won two prestigious “Product of the Year” awards bestowed by global integrated media company TMC. The 2023 Internet Telephony and Cloud Computing “Product of the Year” awards recognize Marketing Cloud as one of the most innovative, useful, and beneficial IP communications and cloud products available to deploy within the past year.

Calix Marketing Cloud Is Named a 2023 Product of the Year Award Winner by Internet Telephony and Cloud Computing Magazines

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) is named “Best Advertiser in TV or Video” by the 2023 Digiday Video & TV Awards for its latest series of popular and entertaining market activation videos starring A-list comedian, Gerry Dee. These videos are available to Calix-partnered broadband service providers (BSPs) as part of a large-scale online repository of customizable go-to-market creative assets in the award-winning Calix Market Activation (Market Activation) program.

Madison Avenue Comes To Main Street: With Digiday Award-Winning Video Series, Calix Enables Service Providers To Easily Create Incredibly Entertaining Commercials in Their Markets

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced a new education program designed to guide tribal leaders as they prepare to build future-proof broadband networks and deliver high-value managed services that will help their communities thrive for decades. The newest offering in Calix Broadband Academy, “Broadband Services for Tribal Communities” is designed exclusively for Native American and First Nations communities across the United States and Canadian provinces.

Calix Broadband Academy Ensures Tribal Leaders Can Leverage $2 Billion in Funding To Build World-Class Broadband Capabilities That Foster Prosperity and Wellbeing in Their Communities for Generations

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Grayshott Gigabit Limited (Grayshott Gigabit) is leveraging the Calix platform to bring world-class managed Wi-Fi services to the villages of Grayshott and Hindhead in the United Kingdom. Through the U.K.

Grayshott Gigabit Leverages the Calix Platform To Transform Their Rural Communities With 90 Percent Lower OPEX, 92 Percent Faster Response Times, and Savings Passed On to the Subscriber

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced new capabilities for the award-winning Calix Intelligent Access EDGE™ solution that enable broadband service providers (BSPs) to simplify their networks and operations—and grow their businesses. Calix-partnered BSPs deploying the simplified network architecture can utilize the Automated Access Network Gateway capability, a broadband industry-first solution that automates the allocation and assignment of IPv4 addresses.

Calix Adds Industry-First Automated IPv4 Address Management Capability to the Award-Winning Intelligent Access EDGE Solution

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) continues to expand its world-class family of Calix GigaSpire BLAST® systems for Calix Revenue EDGE™ so broadband service providers (BSPs) can quickly enter new markets, address a growing variety of use cases, and deliver differentiated value—at the lowest possible operating expense (OPEX).

Rapidly Expanding Portfolio of Calix Revenue EDGE Systems Enables Service Providers To Quickly and Efficiently Enter New Markets While Delivering Differentiated Value

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today introduced new automation capabilities across the Calix platform to shorten the time it takes to activate new subscriber services by up to 67 percent and dramatically reduce human error.

Calix Delivers End-to-End Network Automation for Operations, Reducing Turnup Times Up to 67 Percent To Fuel Rapid Growth for Broadband Businesses at the Lowest Possible OPEX

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that the award-winning Calix Support Cloud (Support Cloud) now offers expanded capabilities that help broadband service providers (BSPs) deliver exceptional experiences for small business subscribers.

​Calix Extends Support Cloud to Enable World-Class Customer Support for Small Business Subscribers That Generates Market-Leading Subscriber Satisfaction and Net Promoter Scores

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that, after six years of driving market-winning success in North America, Calix Marketing Cloud (Marketing Cloud) is expanding into the United Kingdom (U.K.). Now alternative service provider (altnet) marketers can launch highly effective campaigns to introduce new managed services that improve the subscriber experience.

Calix Marketing Cloud Launches in the U.K. So Altnets Can Leverage Experience Insights to Excite Subscribers with Relevant Services and Drive Double-Digit Revenue Growth

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced the launch of SmartBiz™ so broadband service providers (BSPs) can offer more than basic connectivity to every small business. SmartBiz is the first managed service from Calix that is purpose-built to unlock a scalable small business market expansion opportunity for BSPs of any size.

Service Providers Can Now Unlock a Massive New Market With SmartBiz, a Comprehensive Calix Revenue EDGE Solution, Delivering the Capabilities 30+ Million U.S. Small Businesses Need To Thrive

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SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Missouri-based cooperative and longtime Calix customer United Fiber is leveraging the Calix platform and managed services to fuel rapid growth.

United Fiber Launches Bold Campaign Featuring Revenue EDGE Managed Services and Exceptional Subscriber Experiences To Sign Up 11 Percent More Subscribers in Just Three Weeks

Calix, Inc. (NYSE:CALX ) Q4 2022 Earnings Conference Call January 26, 2023 8:30 AM ET Company Participants Jim Fanucchi - Vice President, Investor Relations Michael Weening - President and Chief Executive Officer Cory Sindelar - Chief Financial Officer Carl Russo - Chairman Conference Call Participants Ryan Koontz - Needham & Company George Notter - Jefferies Paul Silverstein - Cowen and Company Michael Genovese - Rosenblatt Securities Greg Mesniaeff - WestPark Capital Fahad Najam - Loop Capital Tim Savageaux - Northland Capital Markets George Notter - Jefferies Operator Greetings everyone and welcome to the Calix Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Calix, Inc. (CALX) Q4 2022 Earnings Call Transcript

Calix (CALX) delivered earnings and revenue surprises of 21.43% and 1.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Calix (CALX) Beats Q4 Earnings and Revenue Estimates

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its fourth quarter 2022, 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 fourth quarter 2022 financial results in our letter to stockholders, along with accompanying supplemental financial information.

Calix Releases Fourth Quarter 2022 Financial Results

Calix attributed its 37% (YoY) revenue increase and 65% (YoY) growth in remaining performance obligations (RPOs) to the increasing provision of managed experience. Calix's All Platform model drove robust demand, including an increase in bookings in Q3 2022.

Calix: Leveraging On Subscriber Experience With Strategic Partnerships

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SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that GVTC Communications (GVTC) is exciting subscribers with Calix Revenue EDGE™ managed services. In November 2022, GVTC launched Arlo Secure fully managed connected cameras—delivered as Arlo from GVTC connectHome® —to expand on its existing home security offering. Arlo Secure, one of 11 managed services in a growing portfolio from Calix, enables broadband service providers (BSPs) of any size to offer peace of mind to their subscribers. It is integrated with the Revenue EDGE platform and pairs with full go-to-market support. GVTC leadership chose to launch Arlo Secure to support their mission to “advance broadband and beyond” by offering products that delight their subscribers and deliver value to their communities. GVTC engaged Calix Customer Success Services (Customer Success) to streamline their launch efforts and increase time to market. In the first week of offering Arlo Secure, GVTC exceeded launch signup goals by 200 percent and continues to sign on subscribers every week since launch.

GVTC Excites Subscribers With Arlo Secure Connected Cameras for Calix Revenue EDGE, Exceeding Signup Goals by 200 Percent

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Calix: Best Nearby Cap-Gain Stock Of Cloud Software Prospects

Calix (CALX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Calix (CALX) a New Strong Buy Stock

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that 28 customers were named to PCMag's annual list of “Best Gaming ISPs for 2023,” with community-owned NextLight taking the number-one spot. These Calix-partnered service providers deliver elite, gaming-level Wi-Fi experiences for communities spanning 43 U.S. states. PCMag's annual ranking is based on its Gaming Quality Index, which combines speed test latency and latency consistency (jitter). The heavy representation of Calix customers on this subscriber experience-focused list is the latest example of the power of Calix cloud and software platforms to create market-leading service providers that bring lasting value to their communities.

PCMag Names 28 Calix Customers Across 43 States as “Best Gaming ISPs for 2023”

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that broadband service provider (BSP) leader Highline is leveraging Calix Revenue EDGE™ managed services to accelerate growth. In 2022 Highline increased subscribers by 56 percent, doubling the subscribers using Calix GigaSpire® BLAST systems. Over the next five years, Highline plans to continue growing across Colorado, Georgia, Kansas, Michigan, Nebraska, and Texas. By leveraging Revenue EDGE—including Calix Cloud®, GigaSpire BLAST systems, and managed services—Highline easily builds subscriber experiences that increase loyalty and differentiate in competitive broadband markets. The subscriber experience is core to Highline's growth strategy. In 2022, Highline launched ProtectIQ® home network security and ExperienceIQ® advanced network controls to all subscribers, furthering their mission to provide safe and exceptional Wi-Fi experiences. Both managed services are easily accessed in the Highline-branded mobile app, built on the personalized Calix CommandIQ® . Highline added these managed services at no extra charge for all subscribers that use a GigaSpire BLAST. They now protect subscribers from approximately 20,000 monthly digital threats.

Highline Grows Subscribers 56 Percent and Boosts CSAT Rating 12 Percent With Calix Revenue EDGE Managed Services

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE:CALX) today announced that the company will post its fourth quarter 2022 results for the period ended December 31, 2022, on the Calix Investor Relations website on Wednesday, January 25, 2023, after market close. The posting of the stockholder letter will be announced over the newswire with a link to the letter to stockholders available at http://investor-relations.calix.com/.

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