Calix Networks Stock Price, News & Analysis

Calix, Inc. (NYSE: CALX) has released its unaudited financial results for Q1 2021 through a letter to stockholders available on its investor relations website. A conference call discussing these results will occur on April 28, 2021, at 5:30 a.m. PT. Participants can access the call via webcast or phone. Calix aims to support service providers in innovating and transforming their offerings with its cloud and software platforms, driving growth in subscriber acquisition and loyalty.

Calix (NYSE: CALX) announced that TekSavvy, a Canadian broadband provider, has adopted its Revenue EDGE solution to enhance subscriber experience on its fiber-to-the-home (FTTH) network. This includes the launch of the Home WiFi Pro, a premium managed Wi-Fi service utilizing the comprehensive capabilities of the Revenue EDGE. Users will benefit from Wi-Fi 6 connectivity through the GigaSpire BLAST and the Home WiFi Pro Mobile App. TekSavvy aims to elevate subscriber satisfaction and brand differentiation, signaling an ongoing commitment to technology investment.

Calix (NYSE: CALX) announced that Bascom Communications has successfully implemented the Calix Revenue EDGE solution, enhancing subscriber experience through premium managed Wi-Fi services. The rollout includes the GigaSpire systems and the CommandIQ app, leading to increased operational efficiency, reduced churn, and high member satisfaction. Key metrics reveal that 80% of subscribers engage with CommandIQ, while 95% utilize integrated security features. This initiative supports Bascom's strategic shift toward subscription-based services, promising recurring revenue growth and competitive differentiation.

Calix, Inc. (NYSE: CALX) announces MLGC has become North Dakota's first broadband service provider to deploy 5-Gigabit broadband using Calix's Intelligent Access EDGE. This deployment, overlaying GPON with XGS-PON FTTH, enhances MLGC's residential multi-Gig capabilities, aiming to differentiate its offerings in competitive markets. The transition utilizes Calix's E7-2 Intelligent Modular System and AXOS platform, significantly reducing operational costs for customers by up to 50%. Furthermore, MLGC plans to expand into more populated areas offering 10-Gigabit services.

Calix, Inc. (NYSE: CALX) announces participation in several virtual investor conferences from May to June 2021. The events include the Needham 16th Annual Virtual Technology & Media Conference, JPMorgan 49th Annual Global Technology, Media and Communications Conference, Craig-Hallum 18th Annual Institutional Investor Conference, Cowen 49th Annual Technology, Media & Telecom Conference, and Baird 2021 Global Consumer, Technology & Services Conference. These conferences aim to showcase Calix's innovative cloud and software platforms, which support service providers in enhancing growth and subscriber engagement.

Calix has successfully completed over 20 million tests for its Broadband Performance Testing solution, with one million dedicated to speed tests. This solution aids broadband service providers in complying with FCC testing requirements, critical for securing federal funding. A notable collaboration with Wittenberg Telephone Company led to a 20% enhancement in broadband performance test outcomes. Calix's service includes the Calix Support Cloud and GigaSpire systems, facilitating seamless testing and reporting. The company maintains a market lead in FCC testing solutions, further strengthening its industry position.

Calix, Inc. (NYSE: CALX) announced a transformation partnership with Norvado, a broadband service provider in northern Wisconsin. Utilizing the Calix Revenue EDGE solution, Norvado shifted to a services-based model, achieving a 99% adoption rate for its Apex Managed WIFI service. This includes offerings like Calix Marketing Cloud, EDGE Suites, and EDGE Enablement, enabling significant operational efficiency and margin growth. Norvado has also effectively eliminated truck rolls to subscribers, enhancing customer experience and engagement through the CommandIQ mobile app.

Calix, Inc. (NYSE:CALX) announced it will release its first quarter 2021 stockholder letter detailing results for the period ending April 3, 2021. The letter will be available on the Calix Investor Relations website on April 27^th at 2:00 p.m. Pacific Time. Following this, a conference call is scheduled for April 28^th at 5:30 a.m. Pacific Time, where management will discuss the results. Interested parties can join via webcast or by phone with conference ID# 13717560. A replay of the call will be accessible after the event on the investor relations site.