Calix, Inc. (CALX)

NYSE: CALX · IEX Real-Time Price · USD
60.14
+3.16 (5.55%)
Sep 27, 2022 9:44 AM EDT - Market open
5.55%
Market Cap 3.93B
Revenue (ttm) 735.64M
Net Income (ttm) 212.95M
Shares Out 65.24M
EPS (ttm) 3.04
PE Ratio 19.82
Forward PE 53.19
Dividend n/a
Ex-Dividend Date n/a
Volume 31,003
Open 57.28
Previous Close 56.98
Day's Range 57.89 - 60.19
52-Week Range 31.59 - 80.95
Beta 1.79
Analysts Buy
Price Target 68.68 (+14.0%)
Earnings Date Oct 24, 2022

About CALX

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 ... [Read more...]

Industry Communications Equipment
IPO Date Mar 24, 2010
CEO Carl Russo
Employees 954
Stock Exchange NYSE
Ticker Symbol CALX
Full Company Profile

Financial Performance

In 2021, Calix's revenue was $679.39 million, an increase of 25.53% compared to the previous year's $541.24 million. Earnings were $238.38 million, an increase of 611.92%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CALX stock is "Buy." The 12-month stock price forecast is 68.68, which is an increase of 13.96% from the latest price.

Price Target
$68.68
(13.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Jade Communications Thrills 100 Percent of Subscribers and Increases Revenue per Subscriber by 92 Percent With Jade S...

SAN JOSE, Calif.--(BUSINESS WIRE)--Less than a year after becoming the first Calix, Inc. (NYSE: CALX) customer to bring the fully managed, connected camera service, Arlo Secure, to its subscribers, Jade...

5 days ago - Business Wire

Calix Launches The Revenue EDGE Platform in the U.K. To Enable Altnets of All Sizes To Deliver Exceptional Experience...

SAN JOSE, Calif. & LONDON--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) continues its growth journey and brings the power of its subscriber experience platform, Calix Revenue EDGE™ (Revenue EDGE), to the U...

1 week ago - Business Wire

Anticipation Builds for Calix ConneXions 2022: Deep Bench of Visionary Speakers Will Inspire Broadband Leaders To Dri...

SAN JOSE, Calif.--(BUSINESS WIRE)--Ahead of its annual, industry-leading innovation and customer success conference, Calix, Inc. (NYSE: CALX) today announced a deep bench of visionary speakers to keynot...

1 week ago - Business Wire

Calix Intelligent Access EDGE Awarded 2022 Internet Telephony Product of the Year As BSPs Benefit From Simplified Ope...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announces that TMC, publisher of Internet Telephony magazine, has named the Calix Intelligent Access EDGE platform an Internet Telephony Produ...

2 weeks ago - Business Wire

Daniel Pink Will Reveal How Broadband Providers Can Align Their Organizations To Deliver Amazing Subscriber Experienc...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Daniel Pink, author of the #1 New York Times bestseller “To Sell Is Human,” will be the closing keynote speaker at Calix ...

3 weeks ago - Business Wire

Tombigbee Fiber Secures Its Mississippi Communities by Delivering Award-Winning Revenue EDGE Managed Services for Hom...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Mississippi-based Tombigbee Fiber, LLC is securing underserved communities in the Magnolia State by making critical Calix...

3 weeks ago - Business Wire

Raj Mukherjee, Leading Expert in Cloud Software Products That Drive Business Growth, Joins Calix Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that leading technology product executive Raj Mukherjee has joined its board of directors to provide guidance to the industry-...

1 month ago - Business Wire

World's First Outdoor Managed Wi-Fi 6E System, GigaPro u6he, Extends the Power of the Calix Revenue EDGE Platform, Of...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) has launched the GigaPro™ u6he hardened outdoor Wi-Fi 6E system, the latest addition to the Calix portfolio of premises systems. The GigaPro u...

1 month ago - Business Wire

Calix Offers World's Largest Portfolio of Managed Wi-Fi 6E Systems, Enabling BSPs to Deliver Complete Coverage to Hom...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced the launch of the GigaPro™ u6he, expanding the world's most comprehensive portfolio of carrier-class Wi-Fi 6E systems for the ...

1 month ago - Business Wire

Calix Support Cloud Enhancements Will Help Broadband Providers Arm Their Customer Support Teams To Grow Revenue by Up...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix Support Cloud (Support Cloud) now offers even more ways to enable broadband service providers (BSPs) to easily laun...

1 month ago - Business Wire

Calix Launches Its 7th Revenue EDGE Managed Service, Servify Care, the First Comprehensive Device Protection Program ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today launched Servify Care™ in Calix Revenue EDGE™, enabling broadband service providers (BSPs) to easily deliver and manage the leading comp...

1 month ago - Business Wire

Calix Launches Its 6th Revenue EDGE Managed Service, Social Media Monitoring From Online Safety Leader, Bark, Enablin...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) and award-winning online safety leader Bark Technologies today launched a new managed, AI-enabled social-media monitoring service for the Cali...

1 month ago - Business Wire

Harnessing the Power of the Calix Network Innovation Platform, PalmettoLink Turns Up Subscribers 83 Percent Faster fo...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that PalmettoLink has capitalized on the Calix Intelligent Access EDGE™ platform to turn up subscribers dramatically faster af...

1 month ago - Business Wire

Calix Announces Upcoming Investor Events

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the upcoming investor events: Event: Cowen Boulder Communications Infrastructure Sum...

1 month ago - Business Wire

The Return of Tom and Gerry: Comedians Tom Papa and Gerry Dee Will Entertain and Inspire at Calix ConneXions 2022, Li...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that comedy legends Tom Papa and Gerry Dee will return to entertain the broadband industry at its leading innovation and custo...

1 month ago - Business Wire

Calix (CALX) Q2 Earnings and Revenues Surpass Estimates

Calix (CALX) delivered earnings and revenue surprises of 15.79% and 3.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Calix Releases Second Quarter 2022 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its second quarter 2022, which have been posted as a letter to stockholders to the investor re...

2 months ago - Business Wire

Calix Wins Multiple Best Workplace Rankings From Fortune, Including Best Workplaces for Millennials

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announced today that it has been added by global media giant Fortune to two of its annual “Best Workplaces” lists for 2022. Calix earned spots...

2 months ago - Business Wire

Chariton Valley Commits To Protecting All Customers From Growing Cybersecurity Threats With Calix ProtectIQ Home Netw...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announced today that Chariton Valley Telephone Corporation (Chariton Valley) expects to double its customer connections after providing Protec...

2 months ago - Business Wire

Calix to Post Second Quarter 2022 Stockholder Letter with Results on July 25th

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that the company will post its second quarter 2022 stockholder letter with results for the period ended July 2, 2022 on the Cal...

2 months ago - Business Wire

AcenTek Goes Green To Differentiate, Reducing Energy Usage 73 Percent With Calix Intelligent Access EDGE and Home Sys...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that AcenTek is using energy-efficient Calix end-to-end platforms to reduce network power consumption 73 percent while saving ...

2 months ago - Business Wire

Industry Leader, Cyber Defense Magazine, Awards Calix ProtectIQ for Best in Anti-Phishing, Network Security, and Mana...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announced today that ProtectIQ® home network cybersecurity, a key offering in Calix Revenue EDGE Suites (EDGE Suites)—a component of the Calix...

2 months ago - Business Wire

OTTC Differentiates on Security and Drives 25 Percent Annual Growth in Competitive Markets With Calix Customer Succes...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced Ontario & Trumansburg Telephone Companies (OTTC) achieved 25 percent annual revenue growth by leading with security services i...

3 months ago - Business Wire

CORRECTING and REPLACING Calix Launches India Development Center to Drive Cloud Platform Innovation for Broadband Ser...

SAN JOSE, Calif.--(BUSINESS WIRE)--Fourth paragraph, first sentence of release dated June 2, 2022, should read: “I am really excited about what's going to happen here,” said Michael Weening, president a...

3 months ago - Business Wire

Calix Operations Cloud Awarded 2022 Cloud Computing Product of the Year As BSPs Benefit by Dramatically Reducing OPEX...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that TMC, a global integrated media company and publisher of Cloud Computing magazine, has named Calix Operations Cloud (Opera...

3 months ago - Business Wire