Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
24 March 2010Website:
http://www.calix.comNext earnings report:
19 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:14:08 GMTDividend
Analysts recommendations
Institutional Ownership
CALX Latest News
Calix is rated as a buy due to its next-generation products enabling BSPs to compete effectively, achieve cost savings, and better monetize their subscriber base. CALX disrupts the mature BSP industry with its platform approach. Recent growth slowdown attributed to weak macro environment and BEAD program uncertainties, but expected to be temporary with potential for recovery.
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that the success of its customers has earned the company a host of Stevie® Awards from the 2024 American Business Awards®. This latest recognition underscores the growing acclaim Calix continues to receive—from inside and outside the industry—for enabling broadband service providers (BSPs) of all sizes to differentiate and win. Over the past two years, TMC, Digiday, and more have recognized the cloud capabilities of the.
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that, in only six months, SCTelcom enhanced subscriber loyalty and revenue by extending exceptional broadband experiences to all facets of rural life with SmartLife™ managed services and the Calix Broadband Platform. Broadband service providers (BSPs) leverage the singular Calix Platform and integrated SmartLife managed services to connect homes (SmartHome™), parks, recreational fields, festivals, government services (.
Investors in technology stocks have experienced significant fluctuations in recent years. While some stocks have experienced impressive growth, others have not performed as well.
The technology industry has been experiencing a positive trend since the rise of AI. Companies such as Microsoft and Nvidia have seen significant growth in both industry recognition and value, with no signs of slowing down.
The specialty telecom notched solid beats on both revenue and adjusted net income. But guidance for the current quarter fell well short of analyst projections.
Calix's (CALX) top line benefits from growth in the cloud and managed services for Broadband Service Providers in the fourth quarter.
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.
Calix (CALX) benefits from an expanding clientele driven by a strong portfolio and robust network of partners in the broadband industry.
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.
- 1(current)
What type of business is Calix?
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS, a carrier class premises operating system and fully integrated with its GigaSpire family of systems to be ready for deployment as a complete subscriber experience solutions for BSP's residential and business subscribers; and AXOS, a software platform to access edge of the network by its architecture and operations. It offers its products through its direct sales force and resellers. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California.
What sector is Calix in?
Calix is in the Technology sector
What industry is Calix in?
Calix is in the Software Infrastructure industry
What country is Calix from?
Calix is headquartered in United States
When did Calix go public?
Calix initial public offering (IPO) was on 24 March 2010
What is Calix website?
https://www.calix.com
Is Calix in the S&P 500?
No, Calix is not included in the S&P 500 index
Is Calix in the NASDAQ 100?
No, Calix is not included in the NASDAQ 100 index
Is Calix in the Dow Jones?
No, Calix is not included in the Dow Jones index
When does Calix report earnings?
The next expected earnings date for Calix is 19 July 2024