Australia's Calix hits over two-week high on U.S. contract win

Calix

19/12/2025 03:57

** Shares of Australia's Calix CXL.AX jump 23.1% to A$0.64, hitting their highest since December 1

** Stock set for best day since mid November

** Environmental technology co executes a contract for the supply of magnesium hydroxide water treatment products to a new customer in the United States

** Deal is expected to generate up to A$10 million ($6.61 million) in additional annual product and services revenue

** YTD stock down 13.3%

($1 = 1.5126 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))