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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 has launched a comprehensive end-to-end solution strategy that integrates its Intelligent Access EDGE and Revenue EDGE offerings. This innovative system aims to enhance operational efficiency for broadband service providers (BSPs) while also improving subscriber experiences. Key features include automated marketing upsell opportunities, increased network operations efficiency, and enhanced customer support visibility. By leveraging the Calix Cloud's predictive analytics, BSPs can optimize their investments and foster business transformation.

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Calix, Inc. (NYSE: CALX) announced that its partner, MidSouth Fiber Internet, experienced a remarkable 248% growth in the adoption of the CommandIQ app since January 2021. This achievement is bolstered by the implementation of Calix's Intelligent Access EDGE and Revenue EDGE solutions, allowing for fiber internet service of up to 1 Gigabit. Notably, MidSouth Fiber's mobile app had a 70% adoption rate among managed Wi-Fi subscribers in its first year, reducing support calls and operating expenses while enhancing the overall subscriber experience.

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Calix, Inc. (NYSE: CALX) reports that its subsidiary Cumberland Connect has successfully doubled the adoption of its new revenue-generating services, particularly through the recently launched EDGE Suites. In just four months, email campaign open rates reached an impressive 70%, significantly outperforming the telecommunications industry average of 20%. These marketing efforts have resulted in higher average revenue per user (ARPU) and effective end-to-end marketing campaigns. Cumberland Connect utilizes Calix Marketing Cloud and Mailchimp for targeted campaigns that enhance subscriber engagement and drive growth.

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Calix, Inc. (NYSE:CALX) is set to release its third quarter 2021 stockholder letter on October 25, 2021, at 2:00 p.m. PT. The letter will detail results for the period ending October 2, 2021 and will be available on the Calix Investor Relations website. A conference call to discuss these results is scheduled for October 26, 2021, at 5:30 a.m. PT. Participants can join via webcast or telephone.

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Calix, Inc. (NYSE: CALX) teams with CTC Telecom to enhance installation and support processes, achieving a first call resolution of over 68%. The collaboration has led to a 37% decrease in call volumes and a 34% reduction in truck rolls. By integrating Calix Customer Success Services and replacing consumer-grade gateways with GigaSpire BLAST systems, CTC Telecom improves operational efficiency and subscriber experience. The partnership streamlines corrective measures during installation, allowing CTC to target subscribers with personalized offerings for increased revenue.

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Calix will host ConneXions 2021 in Las Vegas from October 16-19, featuring a keynote by entrepreneur Robert Herjavec. The event aims to empower broadband service providers with leadership insights and security strategies. Herjavec, a recognized business leader and cybersecurity expert, will close the event on October 19. The conference includes initiatives like a Women in Telecom Summit and personalized Leadership Experience sessions. COVID-19 safety measures will be in place for all attendees, ensuring a secure environment.

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Calix (NYSE: CALX) has achieved full compatibility for 80 non-Calix gateways and CPE devices with its Calix Support Cloud. This milestone, driven by Calix’s commitment to open industry standards such as Broadband Forum's TR-069 specification, allows broadband service providers (BSPs) to reduce operational costs and improve subscriber experience. The company is also enhancing its software stack with new specifications like TR-369 and Wi-Fi CERTIFIED Data Elements™, which facilitate better device management and deeper insights into subscriber experience, particularly in the IoT space.

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Calix (NYSE: CALX) announced ConneXions 2021, a premier broadband industry conference in Las Vegas, running from October 16-19. The event will feature over 100 learning sessions tailored to various job functions, including a Women in Telecom Summit with keynote speaker Sally Helgesen. Attendees will explore strategies for success, network architecture, and government funding opportunities. Early-booking discounts will end on September 17. Calix emphasizes a commitment to a safe environment following COVID-19 guidelines, requiring full vaccination for all employees.

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Calix, Inc. (NYSE: CALX) announced comedian Gerry Dee will perform at ConneXions 2021, scheduled for October 16-19 at Wynn Las Vegas. Dee will share insights on broadband's impact on subscribers while enhancing marketing strategies via the EDGE Enablement program. The company is investing $500,000 in safety measures for the event. Attendees can expect keynotes, panels, and networking opportunities. Additionally, Calix promotes a safe environment with a COVID-19 health plan and vaccination requirements for employees.

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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
Link
United States of America
SAN JOSE