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CALIX, INC. - CALX STOCK NEWS

Welcome to our dedicated page for CALIX news (Ticker: CALX), a resource for investors and traders seeking the latest updates and insights on CALIX stock.

Calix, Inc. (symbol: CALX) is a leading global provider of cloud and software platforms, systems, and services, specifically designed to help innovative communications service providers manage and monetize the intricate infrastructure that connects their subscribers to the cloud. Calix platforms enable service providers of all sizes to transform their operations, optimize the subscriber experience, and create new revenue streams from the smart home and business markets.

With a focus on simplicity and real-time data insights, Calix helps its customers build next-generation networks by adopting a DevOps operating model. This allows service providers to harness the power of big data analytics to enhance subscriber acquisition, loyalty, and revenue, thus creating significant value for businesses and communities alike.

Calix's core products include the Calix Cloud, a comprehensive suite of software platforms that provide actionable insights; and Calix Systems, which offer robust hardware solutions for unified access networks. Together, these products facilitate seamless integration and management of network infrastructures, leading to improved operational efficiency and customer satisfaction.

The company's financial health is robust, with the majority of its revenue generated in the United States. However, Calix also maintains a strong presence in international markets, including the Middle East & Africa, Europe, and Asia Pacific. This global footprint allows Calix to leverage diverse market opportunities and drive sustained growth.

Recent achievements include strategic partnerships, product innovations, and successful implementations of next-generation network solutions. These milestones underscore Calix's commitment to leading the transformation of the communications industry and delivering superior value to its customers.

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Calix (NYSE: CALX) highlights how its customers leveraged the Calix Platform and SmartTown community Wi-Fi to restore connectivity in areas affected by Hurricane Helene. French Broad EMC, Riverwave Broadband, and Clearwave Fiber rapidly deployed temporary hotspots and community Wi-Fi networks to help residents reconnect with loved ones and access emergency services.

French Broad EMC fast-tracked SmartTown deployment after restoring power, Riverwave Broadband established emergency Wi-Fi networks with GigaSpires, and Clearwave Fiber deployed eight hotspots with up to one-mile coverage per site in Georgia. The Calix Platform's cloud-enabled infrastructure and Success support team facilitated quick deployment of secure, reliable broadband access through GigaSpires and GigaPros systems.

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360 Broadband has partnered with GOCare to enhance its customer experience management through digital solutions. The company is implementing GOCare's Digital Experience Platform (DXP), which includes Messenger, Connect, Outage Management, and Pulse modules. The solution will integrate with Sonar Software's billing platform and Calix Cloud® to provide automated notifications, self-help options, and real-time analytics.

The integration aims to streamline operations and enable context-rich engagement for subscribers across Oklahoma and Texas. This collaboration between GOCare, Calix, and Sonar Software is designed to help 360 Broadband scale operations efficiently while expanding its footprint and subscriber base through improved digital communication channels and customer service capabilities.

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BOYCOM Cablevision, in partnership with NTIA and Missouri's Office of Broadband Development, has successfully deployed fiber-to-the-home connectivity in Stringtown, Missouri, transforming one of the state's most underserved regions. Using the Calix Broadband Platform, BOYCOM connected 32% of households within 30 days and aims to reach 70% by April 2025.

The project brings essential services to a community where residents previously had to drive into town just to send texts. Residents will receive GigaSpire Wi-Fi systems and access to Calix SmartHome managed services, including CommandIQ, ProtectIQ, and ExperienceIQ. This deployment enables reliable access to emergency services, online education, remote work, and telemedicine in an area with cell service.

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Calix has updated its Electronic Content Builder (ECB) with enhanced features to help broadband marketers launch effective campaigns more efficiently. The upgrade includes a new UI/UX, smart search functionality, improved collaboration tools, and over 6,000 customizable brand assets. Customer success stories demonstrate significant results: GigaBeam grew social media presence by 70%, Highline increased ARPU by 15% in six months, and OC Fiber boosted Customer Lifetime Value by 30%. The Market Activation program has helped BSPs reduce go-to-market time and costs by over 50% while enabling them to increase their social media presence by up to 70%.

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Calix (NYSE: CALX) has expanded its CommandIQ® mobile app compatibility to include 160 third-party residential gateways on the Calix Broadband Platform. This expansion leverages TR-069 Broadband Forum global industry standards, enabling broadband service providers (BSPs) to streamline innovation and simplify deployment. The update allows subscribers with third-party gateways to manage their networks through CommandIQ, including features like remote reboots and password sharing. Calix Cloud® now offers enhanced visibility and control over subscriber networks, with new geo-mapping features for operations teams and improved troubleshooting capabilities in Service Cloud.

The platform update supports BSPs' transformation from basic internet providers to experience providers, moving beyond speed and price-based offerings to deliver comprehensive subscriber experiences.

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Calix has unveiled new capabilities for broadband service providers (BSPs) to expand their small business market through the Calix Broadband Platform. The company's SmartBiz solution, now deployed across 27 U.S. states, Canada, and the UK, helps BSPs target a market of 40 million small businesses with enhanced security and network management features.

Key improvements include new targeting and acquisition features in Engagement Cloud, optimized installation processes through the Field Service App, and expanded support from Calix Success team. BSPs can now launch SmartBiz in as little as two months, with Velocity Network reaching 90% of their first-year subscriber goal in just 10 months.

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Calix (NYSE: CALX) has announced its participation in multiple investor events throughout November and December 2024. The schedule includes six major conferences: Needham Security, Networking & Communications (Virtual), ROTH MKM 13th Annual NYC Tech Conference, UBS Annual Technology, Media and Telecom Conference, Wolfe Research 3rd Small and Mid-Cap Conference, Raymond James 2024 TMT & Consumer Conference, and Northland Growth Conference.

Key participants include Chairman Carl Russo and CFO Cory Sindelar. Events will be held across various locations including New York City, Scottsdale, and virtual platforms. Interested institutional investors can arrange meetings through host firm representatives or contact Calix investor relations directly. Webcasts of available presentation sessions will be accessible through the company's investor relations website.

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altafiber is advancing its Climate Action Plan by partnering with Calix to implement an efficient XGS-PON network infrastructure. The transition will reduce power consumption by 48 percent while preparing for future 50G-PON capabilities. This initiative supports altafiber's goal of achieving net-zero carbon emissions by 2040.

The company expects to reduce greenhouse gas emissions by 9 percent through upgrading legacy equipment, and anticipates a 10-fold reduction in CO2 emissions per customer by moving to fiber-optic networks. The implementation will enhance network resilience, reduce operational costs, and enable delivery of multi-gig services across Ohio, Hawaii, Indiana, and Kentucky markets.

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Calix (NYSE: CALX) has announced its unaudited financial results for the third quarter of 2024. The company has posted a letter to stockholders containing the results and supplemental financial information on their investor relations website. A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar is scheduled for October 29, 2024, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time.

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Calix, Inc. (NYSE: CALX) announced the winners of the 2024 Partner Innovations Awards at Calix ConneXions, recognizing six companies for their exceptional contributions to broadband service providers (BSPs). The awards highlight excellence in transformation, innovation, subscriber experience, and business impact. Winners include:

Conexon for market impact, ePlus for training and accreditation, GLDS for community impact, GOCare for innovative solutions, Nex-Tech for support and marketing, and Positron as Partner of the Year for MDU solutions. These partners have demonstrated significant achievements, such as connecting rural communities, improving campaign ROI by 150%, and enabling efficient fiber deployment in legacy MDUs.

The Calix partner ecosystem, comprising over 250 members, plays a important role in helping BSPs deliver exceptional experiences and leverage the Calix Broadband Platform effectively.

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FAQ

What is the current stock price of CALIX (CALX)?

The current stock price of CALIX (CALX) is $35.36 as of December 20, 2024.

What is the market cap of CALIX (CALX)?

The market cap of CALIX (CALX) is approximately 2.3B.

What does Calix, Inc. specialize in?

Calix, Inc. specializes in cloud and software platforms, systems, and services that help communications service providers manage and monetize their network infrastructure.

How does Calix support service providers?

Calix supports service providers by offering platforms that provide real-time data and insights, enabling them to simplify operations, enhance subscriber experiences, and create new revenue streams.

What are the key products offered by Calix?

Key products offered by Calix include the Calix Cloud, a suite of software platforms for actionable insights, and Calix Systems, which provide robust hardware solutions for unified access networks.

In which regions does Calix operate?

Calix operates primarily in the United States but also has a strong presence in the Middle East & Africa, Europe, Asia Pacific, and other markets.

How does Calix enhance subscriber acquisition and loyalty?

Calix enhances subscriber acquisition and loyalty by providing platforms that leverage big data analytics to optimize the subscriber experience, leading to increased satisfaction and retention.

What is the financial outlook of Calix?

Calix maintains a robust financial condition with the majority of its revenue derived from the United States, alongside a growing international market presence.

How does Calix's DevOps operating model benefit service providers?

Calix's DevOps operating model allows service providers to build next-generation networks more efficiently, improving operational efficiency and enabling faster innovation and service delivery.

What recent achievements has Calix made?

Recent achievements of Calix include strategic partnerships, product innovations, and successful implementations of next-generation network solutions.

Who are the typical customers of Calix?

Typical customers of Calix are communications service providers of all types and sizes, looking to innovate and transform their network operations.

How does Calix create value for businesses and communities?

Calix creates value by enabling service providers to deliver superior subscriber experiences, which drive growth in acquisition, loyalty, and revenue, benefiting businesses and communities.

CALIX, INC.

NYSE:CALX

CALX Rankings

CALX Stock Data

2.33B
58.78M
11.36%
89.34%
4.04%
Software - Infrastructure
Communications Services, Nec
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United States of America
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