Calix, Inc (NYSE:CALX) is reporting second quarter earnings results on Tuesday 21st July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.05 per share from $ 112.61 million in revenue.
For the full year, analysts predict revenues of $ 459.62 million, while looking forward to income of $ 0.25 per share.
Previous Quarter Performance
Calix, Inc unveiled loss for the first quarter of $ 0.04 per share, from the revenue of $ 101.68 million. The quarterly revenues gained 15.62 percent compared with the same quarter last year. According to street consensus, CALX was expected to report 1Q20 loss of $ 0.07 per share from revenue of $ 99.59 million. The bottom line results beat street analysts by $ 0.03 or 42.86 percent, at the same time, top line results outshined analysts by $ 2.09 million or 2.10 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CALX was $ 16.60, representing a 196.43 % increase from the 52 week low of $ 5.60 and a 0.12 % decrease over the 52 week high of $ 16.62.
The company has a market capital of $ 939.97 million and is part of the Technology sector and Communication Equipment industry.
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Calix, Inc., together with its subsidiaries, provides cloud and software platforms, systems and services required to deliver the unified access network. The companys cloud and software platforms, systems, and services enable communication service providers (CSP) to provide a range of services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. Its premises systems allow CSPs to master the complexity of the smart home and business, and offer services to their device-enabled subscribers.
