Calix Networks Stock Price, News & Analysis

Calix, Inc. (NYSE: CALX) announced participation in two key events: the 17th Annual Needham Technology & Media Conference on May 18, 2022, featuring a virtual chat with CEO Carl Russo and CFO Cory Sindelar at 8:45 a.m. PT, and the 16th Annual Barrington Research Virtual Spring Conference on May 19, 2022, where both executives will be available for meetings.

These events highlight Calix's commitment to innovation in broadband services, leveraging its cloud and software platforms to enable providers to enhance subscriber experiences and drive growth.

Calix, Inc. (NYSE: CALX) announced enhancements to its Calix Support Cloud that now includes a Subscriber Quality of Experience (QoE) Score. These features enable broadband service providers (BSPs) to reduce call handling times by up to 27% and improve support efficiency by providing comprehensive network visibility. The updates also include Spanish language capabilities and integration with the CommandIQ app and ProtectIQ, which enhance customer support while minimizing security-related support calls.

Calix, Inc. (NYSE: CALX) announced a new integration of its Calix Marketing Cloud with Constant Contact, enhancing marketing automation for broadband service providers (BSPs). This integration allows even small marketing teams to automate communications, improving engagement rates by up to 200%. The Calix Revenue EDGE platform has seen a 90% increase in BSP adoption, facilitating new service offerings like home-network security. This platform supports various marketing tools, including Mailchimp and HubSpot, contributing to increased subscriber satisfaction and revenue growth.

Calix has partnered with Vattenfall Eurofiber to develop a high-speed 10G fiber network in Berlin, targeting over 500,000 households. The project utilizes Calix's Intelligent Access EDGE and Network Innovation Platform, enabling OPEX and CAPEX savings by up to 80%. This network aims to enhance broadband access and is part of a broader initiative to improve fiber adoption in Germany. Construction will continue through 2026, with cooperation from local service integration partner ANEDIS GmbH AR. The German government is also investing €12 billion in broadband connectivity projects.

Calix has appointed Doug McNitt as executive vice president and general counsel, effective today. With over 30 years of experience in the legal field, particularly in technology sectors such as artificial intelligence and cloud, McNitt will enhance Calix’s legal strategy and operations. His expertise is expected to benefit the company's All-platform strategy as it seeks to drive growth and address security and privacy challenges. CEO Carl Russo expressed enthusiasm for McNitt's leadership and market insights.

Calix, Inc. (NYSE: CALX) announced its unaudited financial results for Q1 2022, revealing significant insights for investors. Key metrics are available in a letter to stockholders on the company’s investor relations website. A conference call with CEO Carl Russo and other executives will take place on April 26, 2022, at 5:30 a.m. PT. Investors can listen live through the website or via teleconference. Calix focuses on enabling service providers to innovate using its cloud and software platforms to improve subscriber experiences and grow revenue.

Calix, Inc. (NYSE: CALX) has enhanced its Calix Support Cloud by integrating it with over 100 third-party residential gateways. This upgrade enables broadband service providers (BSPs) to significantly reduce operational costs by minimizing truck rolls by up to 46% and improving first-call resolutions by 74%. The integration allows BSPs to leverage existing legacy equipment, facilitating real-time monitoring and predictive analytics without the need for new hardware. Calix's commitment to open industry standards further empowers BSPs to innovate and grow their revenue.