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.
Calix (NYSE: CALX) has received significant recognition from Fast Company, a leading global business media brand. Shane Eleniak, Calix's Chief Product Officer, was named Innovative Leader of the Year on Fast Company's Best Workplaces for Innovators list. Additionally, Calix was named a finalist in the Large Companies category, placing it among 16 top companies driving industry disruption.
Eleniak has been instrumental in Calix's transformation from a network hardware provider to a software and cloud platform leader. The company's innovation enables broadband service providers to reduce operational costs and drive revenue with managed services. Key highlights include:
- New capabilities delivered on a 91-day cadence for 23 consecutive quarters
- Over 300 customers participating in 12 customer advisory boards
- A remote company culture driven by meaningful purpose
This recognition underscores Calix's commitment to innovation and its impact on the broadband industry.
Orange County Fiber (OC Fiber) has transformed their go-to-market strategy using the Calix Broadband Platform, resulting in a 30% increase in customer lifetime value within one week. The company launched five new tailored Wi-Fi packages featuring Calix SmartLife managed services, driving hundreds of GigaSpire Wi-Fi system upgrades. OC Fiber's new offerings include:
1. Essential Plan with network protection and community-wide Wi-Fi
2. Connected Family plan with advanced parental controls
3. Work from Home and Gamer/Streamer plans with device prioritization
4. SmartHome plan with comprehensive security features
This strategic shift has enabled OC Fiber to compete effectively against larger competitors in their Indiana market while reinvesting in their local communities.
Calix, Inc. (NYSE: CALX) has unveiled its first Wi-Fi 7 systems, integrated with the Calix Broadband Platform. The new GigaSpire 7 XGS and 10GE tri-band Wi-Fi systems offer enhanced performance for broadband service providers (BSPs). Key benefits include:
1. Seamless integration with existing Calix infrastructure
2. Potential for 4X increase in peak physical rates over Wi-Fi 6E
3. Improved experiences for residential, business, and community markets
4. Enhanced security and performance for SmartHome, SmartBiz, and SmartMDU services
Calix plans to expand its Wi-Fi 7 systems portfolio in 2025, providing BSPs with more options to deliver exceptional subscriber experiences.
Calix, Inc. (NYSE: CALX) has introduced the Calix Field Service App for its Broadband Platform, expanding its Wi-Fi installation portfolio. This new app optimizes home visits by equipping field technicians with cloud automation and insights to enhance installation services and facilitate upselling. With this addition, Calix now offers three data-driven residential Wi-Fi installation options to broadband service providers (BSPs):
1. DIY subscriber self-installation via the CommandIQ® app
2. Assisted subscriber self-installation with remote BSP support using Calix Cloud
3. Field technician onsite visits optimized by the Field Service App
These options aim to impress subscribers from the first touchpoint while enhancing support team efficiency. The Field Service App is expected to streamline installations, reduce manual tasks, and improve operational efficiency and service quality.
Calix, Inc. (NYSE: CALX) has unveiled new outdoor Wi-Fi capabilities for its broadband platform and SmartLife managed services, targeting a $7 billion outdoor Wi-Fi market projected to grow 60% in five years. Key innovations include:
1. The GigaPro p6dx, extending outdoor coverage up to one mile.
2. A 6 GHz upgrade for the GigaPro p6he, tripling capacity for high-bandwidth activities.
3. The upcoming GigaPro GPR4001XH ONT with integrated Power over Ethernet for streamlined installations.
These advancements enable broadband service providers (BSPs) to deliver exceptional Wi-Fi experiences in large outdoor areas, supporting applications like community-wide Wi-Fi, campground coverage, and small business solutions.
Calix, Inc. (NYSE: CALX) has appointed Wade Oosterman, former vice chairman of Bell Canada and president of Bell Media, to its board of directors. Oosterman brings over 30 years of experience in the telecommunications industry, having played pivotal roles in major Canadian telecom companies. His expertise in driving profitable growth and transformation is expected to strengthen Calix's market leadership amid the ongoing broadband industry disruption.
Oosterman's appointment aligns with Calix's mission to help broadband service providers (BSPs) simplify their business, innovate for subscribers, and grow value for their communities. His experience includes serving on boards of companies like Stagwell, Inc. (NASDAQ: STGW) and Telephone Data Systems Inc. (NYSE: TDS). Oosterman's strategic leadership at BCE contributed to its current $31 billion market capitalization and commanding position in Canada's telecom industry.
Calix, Inc. (NYSE: CALX) announced that Smithville Communications is leveraging the Calix Broadband Platform and managed services to deliver secure, outdoor Wi-Fi for residential and business subscribers. This offering enhances Smithville's existing SmartHome residential managed services, including connected camera property protection and network security. Smithville has also expanded its business market with Calix SmartBiz, a solution for small businesses.
Key highlights:
- Smithville's outdoor Wi-Fi campaign generated hundreds of subscriber inquiries
- The company has doubled GigaSpire Wi-Fi system subscribers in the last 12 months
- Smithville blocks 22,000 monthly digital threats with ProtectIQ network security
- The Calix Platform enables personalized communications and cloud insights for market success
Calix Inc. (NYSE: CALX) has announced its participation in three upcoming investor events. The company will be represented at the Rosenblatt Securities Age of AI Technology Summit on August 20, 2024, with Chairman Carl Russo presenting virtually at 2:00 p.m. Eastern Time. On August 27, 2024, President and CEO Michael Weening will attend the Jefferies Semiconductor, IT Hardware & Communications Technology Summit in Chicago. Lastly, Chairman Carl Russo will be present at the Deutsche Bank 2024 Technology Conference in Dana Point, CA on August 28, 2024.
Institutional investors can arrange meetings through their representatives at the host firms or by contacting Calix investor relations. Webcasts of available presentation sessions will be accessible on the company's investor relations website.
Calix, Inc. (NYSE: CALX) has released its unaudited financial results for the second quarter of 2024. The company has posted a letter to stockholders on its investor relations website, along with supplemental financial information. A conference call to discuss these results will be held on July 23, 2024, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time.
Interested parties can access the live webcast of the conference call through the Events section of the Calix Investor Relations website. Alternatively, they can dial in to the live conference call using the provided phone numbers and conference ID. The company has also provided a link for instant telephone access to the event, which will become active approximately 15 minutes before the call starts.
Calix (NYSE: CALX) has announced a comprehensive range of BEAD-compliant broadband solutions designed to help broadband service providers (BSPs) secure a portion of the $42.45 billion in federal funding available for broadband expansion. Over the past five years, Calix's Funding Consult Program has facilitated over 500 consultations, securing $2 billion in federal funding for BSPs and conducting over 2 billion FCC performance tests. The new offerings aim to provide scalable, resilient, and secure network solutions with low operating expenses, leveraging the Intelligent Access™, Unlimited Subscriber, and Calix Cloud® platforms. By partnering with providers, Calix aims to transform BSPs from speed-focused entities into experience providers, supporting their growth and community value. Calix also collaborates with U.S.-based manufacturers to meet Build America, Buy America (BABA) requirements, ensuring compliance with federal guidelines.
FAQ
What is the current stock price of CALIX (CALX)?
What is the market cap of CALIX (CALX)?
What does Calix, Inc. specialize in?
How does Calix support service providers?
What are the key products offered by Calix?
In which regions does Calix operate?
How does Calix enhance subscriber acquisition and loyalty?
What is the financial outlook of Calix?
How does Calix's DevOps operating model benefit service providers?
What recent achievements has Calix made?
Who are the typical customers of Calix?
How does Calix create value for businesses and communities?
