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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, Inc. (NYSE:CALX) will publish its second quarter 2022 stockholder letter on July 25, 2022, post-market close. This letter will detail the company's performance for the period ending July 2, 2022. A conference call is scheduled for July 26, 2022, at 5:30 a.m. Pacific Time to discuss these results. Interested parties can join the call via a live webcast or through a teleconference. The results will be available on the Calix Investor Relations website, where a replay will also be posted following the call.

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Calix, Inc. (NYSE: CALX) announced significant energy savings achieved by AcenTek, its broadband service provider partner. AcenTek reduced network power consumption by 73% and home Wi-Fi energy usage by 50% through the deployment of Calix's Intelligent Access EDGE and Revenue EDGE platforms. By transitioning from copper to fiber-to-the-home, AcenTek streamlined operations, eliminating outdated systems and enhancing efficiency. This collaboration highlights Calix's commitment to sustainability and innovation in rural broadband services.

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Calix announced that its ProtectIQ home network cybersecurity platform, part of the Revenue EDGE Suites, won the 2022 Global InfoSec Award for top security solutions. ProtectIQ enables broadband service providers (BSPs) to block digital threats effectively, with a reported 210% subscriber increase in 2022. As cybersecurity concerns rise, ProtectIQ is helping BSPs enhance customer retention and differentiate services. Notable examples include ALLO, which improved customer lifetime value by 53%, and MEC, which grew revenue by 13%. ProtectIQ's integration reinforces the value of BSPs in securing home networks.

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Calix has enabled Ontario & Trumansburg Telephone Companies (OTTC) to achieve 25% annual revenue growth through its Revenue EDGE platform. This growth is driven by advanced security services like ProtectIQ and the upcoming launch of Arlo Secure cameras, tailored for seasonal subscribers. OTTC's proactive strategy increases customer engagement by leveraging custom apps and analytics to meet unique subscriber needs. In May alone, ProtectIQ blocked over 5,000 threats, reflecting a significant uptick in cybersecurity service uptake.

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Calix Operations Cloud has been awarded 2022 Cloud Computing Product of the Year by Cloud Computing magazine, recognized for its innovative capabilities in reducing operational expenses (OPEX) for broadband service providers (BSPs). This platform offers machine learning insights, predictive intelligence, and workflow automation across subscriber networks. Since its launch in August 2021, Operations Cloud has processed over two million alarms monthly, enabling operators to streamline processes, minimize human error, and enhance subscriber satisfaction.

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Calix (NYSE: CALX) announced that ALLO Communications has successfully implemented its Revenue EDGE platform, enhancing home network cybersecurity for all its subscribers. This initiative has led to a remarkable 53% increase in average subscriber tenure and customer lifetime value. ALLO effectively blocked over 19,000 digital threats last month, reinforcing its commitment to community safety amid rising cybercrime. The company's use of the ALLOIQ app has driven a 41% increase in subscribers engaging with its services, showcasing the importance of cybersecurity in today’s digital landscape.

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Calix has opened a new research and development center in Bengaluru, India, focusing on its industry-leading platforms. This 21,000-square-foot facility aims to enhance R&D, Commercial Operations, and Marketing, supporting the company's growth strategy. A key objective is to expand the development teams for the award-winning Calix Cloud platform, which provides broadband service providers with real-time data and analytics. By the end of 2022, Calix plans to double the initial workforce at the center, emphasizing its commitment to innovation and talent acquisition.

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Calix, Inc. (NYSE: CALX) announced Midwest Energy & Communications (MEC) is fully deploying the Calix Revenue EDGE platform, enhancing home network security with ProtectIQ and parental controls via ExperienceIQ for all subscribers in Michigan, Indiana, and Ohio. MEC aims to protect its 20,000 subscribers and has blocked 16,400 digital threats monthly. This initiative has led to a 13% revenue increase since early 2022. MEC plans to introduce Arlo Secure connected cameras, further improving home security and subscriber retention.

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Calix, Inc. (NYSE: CALX) announced participation in multiple upcoming conferences in June. Key events include the Cowen 50th Annual Technology, Media, and Telecom Conference on June 1 in New York, followed by the Jefferies Software Conference on June 2 in San Francisco. The Baird 2022 Global Consumer, Technology and Services Conference will take place on June 8, also in New York. Lastly, the Rosenblatt Securities 2nd Annual Technology Summit will be a virtual conference on June 9. All events will feature presentations from Chairman and CEO Carl Russo and CFO Cory Sindelar.

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FAQ

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

The current stock price of CALIX (CALX) is $35.29 as of December 24, 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

2.34B
58.78M
11.36%
89.34%
4.04%
Software - Infrastructure
Communications Services, Nec
Link
United States of America
SAN JOSE