Calix (CALX) to Release Quarterly Earnings on Tuesday

Calix (NYSE:CALX) will issue its quarterly earnings data after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Calix (NYSE:CALX) last released its quarterly earnings data on Tuesday, November 7th. The communications equipment provider reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The company had revenue of $128.80 million for the quarter, compared to the consensus estimate of $127.92 million. Calix had a negative net margin of 16.19% and a negative return on equity of 43.76%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS. On average, analysts expect Calix to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Calix (CALX) opened at $6.10 on Tuesday. The stock has a market cap of $309.93, a P/E ratio of -3.74 and a beta of 0.72. Calix has a 1 year low of $4.65 and a 1 year high of $7.75.

In other Calix news, CFO Cory Sindelar bought 5,974 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was purchased at an average cost of $6.95 per share, with a total value of $41,519.30. Following the completion of the acquisition, the chief financial officer now owns 15,000 shares in the company, valued at approximately $104,250. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 16.50% of the company’s stock.

CALX has been the topic of several recent analyst reports. BidaskClub upgraded shares of Calix from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Zacks Investment Research cut shares of Calix from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. Finally, ValuEngine raised shares of Calix from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Calix presently has an average rating of “Hold” and a consensus price target of $6.50.

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About Calix

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Earnings History for Calix (NYSE:CALX)

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