Calix (CALX) to Release Quarterly Earnings on Tuesday
Calix (NYSE:CALX) will be posting its quarterly earnings results after the market closes on Tuesday, February 13th. Analysts expect Calix to post earnings of ($0.13) per share for the quarter.
Calix (NYSE:CALX) last posted its quarterly earnings data on Tuesday, November 7th. The communications equipment provider reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The firm had revenue of $128.80 million for the quarter, compared to analysts’ expectations of $127.92 million. Calix had a negative return on equity of 43.76% and a negative net margin of 16.19%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share. On average, analysts expect Calix to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Calix (NYSE:CALX) opened at $6.10 on Tuesday. The company has a market cap of $309.93, a price-to-earnings ratio of -3.74 and a beta of 0.72. Calix has a one year low of $4.65 and a one year high of $7.75.
In related news, CFO Cory Sindelar bought 5,974 shares of the stock in a transaction dated 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 purchase, the chief financial officer now owns 15,000 shares of the company’s stock, valued at $104,250. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 16.50% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: This piece was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2018/02/06/calix-calx-to-release-quarterly-earnings-on-tuesday.html.
Calix Company Profile
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.
Receive News & Ratings for Calix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calix and related companies with MarketBeat.com's FREE daily email newsletter.