Welcome to our dedicated page for Calix Networks news (Ticker: CALX), a resource for investors and traders seeking the latest updates and insights on Calix Networks 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.
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.
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.
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.
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.
Calix, Inc. (NYSE: CALX) honored innovative broadband service providers (BSPs) with the 2024 Customer Innovations Awards at Calix ConneXions. These awards recognize BSPs leveraging the Calix Broadband Platform and Calix SmartLife™ managed services to deliver exceptional subscriber experiences and outstanding business outcomes.
Award winners demonstrated excellence in customer service, operational efficiency, network engineering, and marketing. Notable achievements include:
- SCTelcom and Tipmont REMC achieving Net Promoter Scores (NPS) in the 80s and 90s
- Smithville Communications providing comprehensive security solutions
- Lumos reducing greenhouse gas emissions
The awards highlight BSPs' efforts in community impact, sustainability, and innovative service delivery. Winners include Blackfoot, Lumos, SCTelcom, Smithville, Tipmont REMC, and VNET Fiber. Mike Piper from Winnebago Cooperative Telecom Association was recognized as a Community Champion.
Calix, Inc. (NYSE: CALX) has announced advancements to its customer success organization, Calix Success, at Calix ConneXions. The expanded guidance, support, education, and network expertise aim to accelerate the transformation of broadband service providers (BSPs) into experience-based providers. BSPs leveraging Success over multiple engagements see an average improvement of 45 percent in their Net Promoter Score.
The evolved Success organization now offers an expertise-driven model with specialists in areas like pricing, go-to-market strategy, and business analytics. Success provides continuous monitoring to ensure customers receive constant value throughout their engagement. Several BSPs have achieved remarkable results using Calix platforms and SmartLife managed services, including Tombigbee Fiber's 92 NPS rating, Pharr's transformation from worst to best-connected city, Jade Communications' 27 percent year-over-year growth, and Mohawk Networks' 80 percent reduction in truck rolls.
Calix, Inc. (NYSE: CALX) has announced significant updates to its Broadband Platform, enabling broadband service providers (BSPs) to integrate new Wi-Fi 7 systems and 50G-PON capabilities. The company is expanding its Wi-Fi systems portfolio with three new Wi-Fi 7 systems and introducing an outdoor solution for the industrial sector. Calix is also helping BSPs streamline network modernization with 50G-PON, laying the foundation for next-generation experiences across residential, business, and industrial services.
Key highlights include:
- Expansion of Wi-Fi 7 portfolio with multi-gig systems
- Introduction of GigaPro p6dlx with LoRaWAN® capabilities
- Implementation of 50G-PON for enhanced bandwidth and efficiency
- Continuous innovation with new releases every 91 days
- Comprehensive support through Calix Success services
These advancements will allow BSPs to deploy new technologies quickly and efficiently, addressing a broader range of broadband needs in their communities.
Calix, Inc. (NYSE: CALX) announced the SmartTown Alliance at Calix ConneXions. This initiative allows subscribers to securely connect to participating broadband service provider (BSP) networks across different regions. Powered by Calix SmartTown on the Calix Broadband Platform, the Alliance unites BSPs to deliver secure online experiences as subscribers travel.
Charter members include Tombigbee Fiber in Mississippi and SCTelcom in Kansas. The Alliance leverages Wi-Fi CERTIFIED Passpoint® for streamlined, secure access without repeated authentication. It extends BSPs' value and reach, matching subscribers' lifestyles and strengthening brand loyalty.
SmartTown deployments have nearly quadrupled over the past year across 13 U.S. states, connecting public spaces and events. The Alliance aims to provide consistent broadband experiences for subscribers traveling for work or leisure, even during natural disasters.
Calix, Inc. (NYSE: CALX) has launched SmartMDU™, a new managed service on the Calix Broadband Platform designed for multi-dwelling units (MDUs). This solution simplifies property-wide connectivity, Wi-Fi, and broadband service management, enhancing resident experiences and boosting property manager efficiency. SmartMDU offers:
- Personalized, private Wi-Fi experiences for residents
- Scalability for buildings of any size or age
- Support for various network connection types
- Streamlined operations through cloud solutions
Early trials have shown promising results, with ICS Advanced Technologies reporting a 10X faster adoption of secure, managed Wi-Fi compared to previous solutions. The launch of SmartMDU is expected to help service providers efficiently grow their business and address the unique requirements of property owners and residents in the MDU market.
Calix, Inc. (NYSE: CALX) has announced ManagedBiz™ at Calix ConneXions, a new solution designed to address the complex security and connectivity needs of mid-sized businesses and public sector organizations. ManagedBiz combines secure connectivity and actionable analytics, enabling broadband service providers (BSPs) and managed service providers (MSPs) to simplify network management for universities, healthcare facilities, regional banks, entertainment venues, and government institutions.
Key features of ManagedBiz include:
- Secure connectivity for multi-location businesses and remote workers
- Advanced security and access control for protecting intellectual property
- Streamlined remote administration through Calix Cloud
- Integration with the Calix Broadband Platform
ManagedBiz complements Calix's SmartBiz™ solution for small businesses, providing a comprehensive range of services for businesses of all sizes.
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