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Calix Networks - CALX STOCK NEWS

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 Networks (CALX) provides essential cloud platforms and managed services that enable communication service providers to optimize network performance. This dedicated news hub offers investors and industry professionals centralized access to official company announcements and strategic developments.

Track critical updates including earnings reports, technology innovations, and strategic partnerships that shape the telecommunications landscape. Our curated collection ensures timely access to Calix's advancements in unified access networks, DevOps implementations, and big data analytics solutions.

Discover updates on Calix's cloud service expansions, network infrastructure enhancements, and subscriber experience initiatives. All content is verified for accuracy, providing reliable insights for informed decision-making.

Bookmark this page for continuous access to Calix's evolving role in enabling digital transformation for global service providers through cutting-edge network solutions.

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Calix, Inc. (NYSE: CALX) has launched the Calix Operations Cloud, a new solution designed for broadband service providers (BSPs) to enhance operational efficiency and subscriber experience. The platform utilizes machine learning to automate workflows, reduce operational costs, and improve subscriber satisfaction by providing comprehensive insights into network health.

With advanced features like predictive maintenance and automated workflows, Calix aims to help BSPs minimize service interruptions and accelerate service delivery. This new tool signifies a critical step in transforming broadband operations.

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Calix (NYSE: CALX) announces enhancements to Calix Support Cloud, improving field technicians' access to real-time subscriber network insights. The upgrades aim to boost efficiency in troubleshooting and reduce operational costs by allowing technicians to operate independently from customer support. Key features include enhanced visibility into subscriber networks, optimized support operations, and support for over 80 third-party wireless gateways. These improvements promise to enhance subscriber experience and lower operating expenses for broadband service providers, available from August 20, 2021.

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Calix (NYSE: CALX) announced the launch of Arlo Secure, a premium service for broadband service providers (BSPs) via its EDGE Suites portfolio. This new offering allows BSPs to provide a fully managed, revenue-generating connected camera solution from Arlo Technologies (NYSE: ARLO). With seamless integration through the Calix Cloud, BSPs can quickly onboard subscribers and enhance customer engagement, aiming to increase average revenue per user (ARPU). This service is set to enhance consumer security and leverage behavioral insights for targeted marketing. The service becomes available on August 20, 2021.

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Arlo Technologies (NYSE: ARLO) announced an expanded availability of its products through a strategic partnership with Calix (NYSE: CALX). This collaboration allows millions of U.S. subscribers to access Arlo's advanced security solutions via over 1,600 Broadband Service Providers (BSP). With DIY security systems growing to 55% of the market, this partnership aims to increase accessibility for consumers, especially in non-metropolitan areas. The integration enables BSPs to offer Arlo's products as managed services, enhancing their service offerings and potential revenue.

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Calix, Inc. (NYSE: CALX) has launched an integration of its Calix Marketing Cloud with Facebook to enhance marketing for broadband service providers (BSPs). This feature allows BSPs to automate workflows, simplify subscriber acquisition, and assess marketing ROI in real time. The integration, available from August 20, 2021, enables targeted campaigns through behavioral data analysis, increasing marketing efficiency and subscriber engagement. The launch supports Calix's commitment to providing effective solutions for enhancing marketing operations.

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Calix (NYSE: CALX) reports that its partner Northern Lights Fiber is rapidly signing up managed Wi-Fi subscribers in rural Alberta, leveraging the Revenue EDGE and Intelligent Access EDGE solutions. Residents are embracing advanced features like ExperienceIQ and ProtectIQ, boosting average revenue per user (ARPU) projections by 25%. Northern Lights Fiber aims to deploy 10 Gigabit speeds in Valleyview this summer, positioning itself as Canada's fastest residential internet provider. Additionally, a 40% take rate for the Experience package highlights strong demand for additional services.

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Calix, Inc. (NYSE: CALX) has announced its participation in several virtual investor conferences in Q3 2021. Key events include the Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 and September 1, the 14th Annual Barrington Research Virtual Fall Investment Conference on September 9, and the Jefferies Virtual Software Conference on September 14 and 15. Further details can be found on their investor relations page.

Calix works to empower broadband service providers with innovative cloud and software platforms to enhance subscriber experiences.

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Calix announced its Deployment Enablement Services are assisting Firefly Fiber Broadband in streamlining fiber broadband installations across central Virginia. By leveraging these services, Firefly reduced operational expenses (OPEX) and installation inspection times by over a workday per week. The number of repeat truck rolls diminished by 80%, enhancing subscriber satisfaction. Firefly aims to serve 15,000 subscribers by year-end 2021, building on a solid foundation established since 2017. This collaborative effort is set to fulfill the cooperative's goal of a complete fiber network by 2022.

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Calix, Inc. (NYSE: CALX) released its unaudited financial results for Q2 2021, now available on its investor relations website. Key figures and metrics are included in a letter to stockholders. The company will hold a conference call on July 27, 2021, at 5:30 a.m. PT (8:30 a.m. ET) with executive members to discuss these results. Interested parties can participate via webcast or teleconference. The replay of the call will be accessible on their website post-event.

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Calix (NYSE: CALX) has announced a significant leadership transition, elevating Carl Russo from CEO to Chairman of the Board, a role he will now hold alongside his CEO position. Don Listwin, the former Chairman, has been appointed as the lead independent director. This strategic move aims to align leadership as Calix continues its transformation into a software platform and services provider. Russo has been CEO since 2002, and Listwin has led the Board since 2007. The Board feels this change will enhance execution of the company’s vision and strategies.

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Calix Networks

NYSE:CALX

CALX Rankings

CALX Stock Data

2.26B
58.09M
11.3%
87.98%
3.02%
Software - Infrastructure
Communications Services, Nec
Link
United States
SAN JOSE