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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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/.

Calix to Post Fourth Quarter 2022 Results on January 25, 2023

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the 25th Annual Needham Growth Conference on January 11, 2023.

Calix to Participate in the 25th Annual Needham Growth Conference

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) has recognized AcenTek as a “Giant of Sustainability” and a 2022 Customer Innovations Award winner. Announced at Calix ConneXions 2022, the award honors AcenTek for their innovative approach to becoming a “green broadband” service provider. AcenTek leveraged energy-efficient Calix Intelligent Access EDGE™ and Calix Revenue EDGE™ platforms to deliver exceptional energy savings of 73 percent in network access edge energy consumption and 50 percent in the subscriber's home network. AcenTek differentiates by deploying sustainable broadband technology to deliver amazing Calix managed services to subscribers in an energy-efficient and cost-effective way. By dramatically reducing energy consumption end to end while lowering OPEX, AcenTek is taking giant steps to ensure a sustainable future for their community.

AcenTek Wins the Calix Innovations “Giant of Sustainability” Award For Reducing Energy Consumption 73 Percent at the Network With Calix Intelligent Access EDGE—and Reducing Home System Energy Consumption 50 Percent With Calix Revenue EDGE

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) recognizes Sterling Local Area Municipal Broadband (Sterling LAMB) as a “Giant of Operations” and a 2022 Calix Customer Innovations Award winner. Announced at Calix ConneXions 2022, the award honors Sterling LAMB for using Calix platforms—Calix Intelligent Access EDGE™, Calix Revenue EDGE™, and Calix Cloud®—to deliver the exciting managed services subscribers demand. For example, Sterling LAMB offers Calix ExperienceIQ® and ProtectIQ® services that protect the home network and the family. Underscoring their innovative approach to operations, Sterling LAMB leverages Calix Operations Cloud (Operations Cloud) to quickly turn up value-added subscriber services. With workflow-guided, end-to-end service provisioning, Sterling LAMB is reducing provisioning time by 67 percent. By streamlining and automating processes through Operations Cloud, they can improve efficiency and reduce operations costs while accelerating time-to-revenue. Additionally, Sterling LAMB has used Calix Premier Customer Success Services to scale the expertise of their team and get optimal results from their investment in Calix platforms. These benefits are critical for a lean operations team competing head-to-head with telco and cable industry giants.

Sterling LAMB Wins the Calix Customer Innovations “Giant of Operations” Award for Its Innovative Use of Calix Platforms To Reduce Managed Services Provisioning Times by 67 Percent

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) announced today that Mark Dressler, executive vice president of global sales, was named CRO (Chief Revenue Officer) of the Year by Selling Power and CRO Collective. Dressler was recognized with Selling Power's highest honor at the Sales 3.0 Conference in Cocoa Beach, Florida, on December 8, 2022. Dressler joined Calix in 2005 and has been the leader of global sales since 2018. Over the past four years, he has grown the Calix sales team by 400 percent while maintaining a cohesive, customer-first culture. At the same time, Dressler has built teams with entirely new competencies to sell software, cloud solutions, and customer success services. A critical part of Dressler's role is to help align the Calix team to ensure that everyone puts the success of customers first. Under his leadership, Calix has experienced robust revenue growth for three years in a row. For 2022, revenue is projected to grow another 27 percent year-over-year. More importantly, the award recognizes Dressler and the Calix teams' commitment to helping customers close the digital divide and fundamentally transform their communities.

Mark Dressler, Calix EVP of Global Sales, Named CRO of the Year for Transforming Sales Into a Powerful Cloud and Software Engine While Growing Annual Revenue More Than 20 Percent Three Years in a Row

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that Panhandle Telephone Cooperative, Inc. (PTCI) is leveraging Calix Marketing Cloud (Marketing Cloud) to create highly effective, targeted marketing campaigns that lead to better experiences for their subscribers. PTCI uses Calix end-to-end platforms—Intelligent Access EDGE™, Revenue EDGE™, and Calix Cloud®—as the foundation for its Ultimate WiFi Experience. This enables the broadband service provider (BSP) to harness data and analytics on their network and subscribers from Calix Cloud to better understand the technology preferences of their subscribers in the panhandle of Oklahoma.

PTCI Increases Revenue 25 Percent Thanks to World-Class Campaigns Built With Calix Marketing Cloud

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that it was named 2022 “Company of the Year (Public)” by Light Reading, a foremost resource for the global communications, networking, and services industry. The 2022 Leading Lights “Company of the Year (Public)” Award honors publicly listed companies that stand out from competitors, constantly innovate, make investors proud, and create employee happiness. This award caps a landmark year for Calix as it furthers its mission to enable even the most remote broadband service providers (BSPs) to bring value to their communities for years to come. Calix is now in its third phase, as stated by Calix president and chief executive officer Michael Weening in October at its annual customer success and innovation conference. In 2023, Calix will continue to grow its platform ecosystem and managed services portfolio so its customers can become giants in their markets. This portfolio adds critical value as unprecedented funding fuels the industry's digital transformation.

Calix Named Public Company of the Year by Light Reading

Does Calix (CALX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Calix (CALX) Is Up 5.75% in One Week: What You Should Know

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) recognizes Ciello as a Giant of Engineering and a 2022 Calix Innovations Award winner. Announced at ConneXions 2022, the award honors Ciello for transforming their access network to create the most secure network they could possibly build. Embracing the Calix Intelligent Access EDGE™ platform, Ciello simplified their entire network by re-architecting it and moving Layer 3 closer to the subscriber. This enabled them to consolidate service-enabling network functions and improved network security. The new architecture protected the network—and subscribers—from a recent distributed denial of service (DDoS) “broadcast storm” attack that previously would have taken it down. Instead, the team was able to rapidly isolate and resolve the issue, ensuring zero subscribers were impacted. Ciello further ensures a secure experience for subscribers by deploying the Calix Revenue EDGE™ platform with ProtectIQ ® —the Calix managed service that protects home networks from viruses, ransomware, and malicious websites—in every home.

Ciello Wins Calix Innovations “Giant of Engineering” Award for Outstanding Network Security, Ensuring Zero Subscribers Were Impacted by an Attempted Attack

SAN JOSE, Calif. & BANGALURU, India--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) announced it is launching a recruitment drive to expand its research and development (R&D) staffing in India, starting immediately. Calix President and Chief Executive Officer Michael Weening made the announcement to attendees at the Broadband Tech Day 2022 conference held at the Radisson Blu hotel in Bangaluru on November 3. Calix launched its 21,000-square-foot Calix India Development Center (CIDC) in Bangaluru in May 2022 to expand R&D, commercial operations, and marketing to support the next phase of the company's accelerating growth. The CIDC R&D teams have exceeded expectations for advancing innovation behind the company's industry-leading platforms and solutions. This includes the Calix Cloud® platform, which enables broadband service providers (BSPs) to leverage real-time data, analytics, and automation to grow value for themselves and their communities. The success of the CIDC is a testament to the award-winning Calix culture that continues to attract top talent.

Calix Will Rapidly Expand Talent at India Development Center To Accelerate Innovation of Cloud and Software Platforms for Broadband Service Providers

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) recognizes YK Communications as a “Giant of Customer Support” and a 2022 Calix Innovations Award winner. Announced at Calix ConneXions 2022, the award honors YK Communications for uniquely leveraging the full Calix Revenue EDGE™ platform, including Calix GigaSpire® BLAST systems, Calix Support Cloud (Support Cloud), and the Calix CommandIQ ® mobile app, to deliver proactive support that contributes to exceptional subscriber experiences. Paired with Calix Marketing Cloud (Marketing Cloud), part of Calix Cloud®, YK Communications successfully drove service upgrade campaigns that improved their subscribers' experiences while increasing average revenue per user (ARPU). The broadband service provider (BSP) also pairs their technology investment with a dedicated and award-winning customer success organization, Calix Customer Success Services (Customer Success). Today, YK Communications boasts a Net Promoter Score (NPS) of 80 compared to the average telecommunications industry score in the 30s. They continue to leverage Customer Success best practices as part of their business transformation.

YK Communications Wins Calix Innovations “Giant of Customer Support” Award for Achieving a Phenomenal NPS of 80, Fueled by Proactive Customer Support

Calix is the IBD Stock Of The Day as shares of the telecom network gear maker rebound off their 21-day exponential moving average in solid volume. The post Telecom Gear Maker Calix Rides Fiber-To-Home Network Build-Outs appeared first on Investor's Business Daily.

Telecom Gear Maker Calix Rides Fiber-To-Home Network Build-Outs

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced the expanded capabilities of the Calix Intelligent Access EDGE™ platform with the launch of new Calix E3-2 modules. With the addition of three new modules, the E3-2 enables broadband service providers (BSPs) to turn up new markets quickly and achieve impressive sustainability benefits. These new enhancements make the E3-2 the most flexible, operationally efficient, and eco-friendly solution for both rural and suburban markets. They also reduce network power consumption by as much as 50 percent per port. The E3-2 is temperature-hardened, mountable anywhere, and easily maintained—making it the ideal system for environmentally challenged areas and locations where building a remote cabinet is not economically feasible. It is also perfectly placed in suburban cities and towns thanks to its deployment flexibility and increased XGS-PON capacity. This also enables Calix-partnered BSPs to grow their green broadband initiatives by rapidly entering new markets and seamlessly turning up services with more energy efficiency. As billions of dollars of unprecedented federal and state funding continue to pour into the broadband industry, even rural markets have become competitive. With the new E3-2 modules, BSPs of any size gain speed of deployment, faster time to market, and faster time to revenue. They will also benefit from the E3-2's modularity that enables rapid migration from GPON to XGS-PON-based services. By supporting both technologies in a single remote system, the E3-2 provides a completely cost-effective, field-serviceable, future-proof solution.

Major Upgrades to the E3-2 Intelligent Access EDGE System Reduce Network Power Consumption by 50 Percent, Driving Market-Leading Sustainability for Service Providers of Any Size

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today demonstrated the power of its platforms—Calix Revenue EDGE™ and Calix Cloud®—with the launch of two new systems. The GigaPro® GPR8802x seamlessly supports service to businesses and includes power over Ethernet (PoE). The GigaSpire® BLAST u4g is a Wi-Fi 6 system with integrated GPON in a consumer cool design. These systems enable broadband service providers (BSPs) to expand rapidly into new markets. They also enable BSPs to quickly deploy new subscriber services thanks to simple integration into their business and operational support systems. The GigaPro GPR8802x and the GigaSpire BLAST u4g are the 10th and 11th systems to launch for the unmatched portfolio of Revenue EDGE Systems. Because these systems leverage the same software and cloud platform as all Revenue EDGE Systems, BSPs can rapidly turn up new services and deploy these new systems. Calix is driving innovation at an accelerated pace, enabling BSPs to enter new markets quickly while delivering unmatched subscriber experiences. As part of its dedication to rapid innovation, Calix is also growing the broadband industry's most extensive portfolio of managed services. These new systems enable BSPs to offer these services in new markets and use cases to drive growth.

Breakthrough New Systems for Calix Platforms Expand New Service Provider Use Cases for the Calix Revenue EDGE, Including Small Business and Multi-Dwelling Units

SAN JOSE, Calif.--( BUSINESS WIRE )--Calix, Inc. (NYSE: CALX) today announced that leading cloud software product executive Ellie Fields will join its board of directors effective January 1, 2023. Ellie brings nearly two decades of experience in cloud software product and ecosystem development to the Calix board. Calix is transforming the broadband industry through its unique portfolio of cloud solutions for broadband service providers (BSPs) and managed service solutions for their subscribers. As a member of the board of directors, Ellie will provide input and guidance to Calix as it looks to scale the breadth and impact of its solutions and enter new markets. Ellie will also help Calix continue its mission of helping BSPs of any size simplify their businesses, excite subscribers, and grow the value that they deliver to their subscribers and communities.

Ellie Fields, Leading Expert in Cloud Software and Ecosystem Development, Joins the Calix Board of Directors

Calix Operations Cloud Adds Real-Time Subscriber Intelligence to Network Insights—Enabling Teams To Be Proactive, Differentiate on Subscriber Experience, and Drive Higher Net Promoter Scores

Calix Support Cloud Enables Service Providers To Deliver World-Class Subscriber Experiences in New Markets by Extending Support to Calix SmartTown

Broadband Marketers Grow Campaign Engagement by 65 Percent and Reach New Audiences With Revolutionary Acquisition Capabilities in Calix Marketing Cloud Plus

MHTC Wins Calix Innovations “Giant of Marketing” Award for Achieving 50 Percent Conversion Rates and Increasing Managed Services Revenue by 700 Percent in a Year

Broadcom

Digi

Frontier Communications Parent

Lumen Technologies

Owing to federal broadband funding for rural areas and next-gen cloud computing, telecom infrastructure stands out as an area of high investment. The post Digital Divide: Can Federal Funding For Rural Broadband Narrow The Gap?

Digital Divide: Can Federal Funding For Rural Broadband Narrow The Gap?

Calix ProtectIQ Wins 2022 Cloud Computing Security Excellence Award From TMC

Calix, Inc. (NYSE:CALX ) Q3 2022 Earnings Conference Call October 25, 2022 8:30 AM ET Company Participants Jim Fanucchi - Investor Relations Carl Russo - Chairman Michael Weening - President and Chief Executive Officer Cory Sindelar - Chief Financial Officer Conference Call Participants Paul Silverstein - Cowen and Company George Notter - Jefferies Michael Genovese - Rosenblatt Securities Ryan Koontz - Needham & Company Tim Savageaux - Northland Capital Markets Fahad Najam - Loop Capital Scott Searle - Roth Capital Christian Schwab - Craig Hallum Capital Group Operator Greetings and welcome to the Calix Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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