Calix Inc reports results for the quarter ended in June - Earnings Summary

Calix

19/07/2023 22:43

* Calix Inc  CALX.N  reported quarterly adjusted earnings of
36
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 32 cents per share.
    * Revenue rose 29.2% to $261.02 million from a year ago;
analysts
expected $257.11 million. 
    * Calix Inc's reported EPS for the quarter was 13 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Calix Inc shares had fallen by 1.3% this quarter and
lost 28.0%
so far this year.
    * The company reported quarterly net income of $9.37
million.
    * Wall Street's median 12-month price target for Calix Inc
is
$80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
19 at 09:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.32           0.36           Beat
 Mar. 31 2023      0.28           0.31           Beat
 Dec. 31 2022      0.25           0.34           Beat
 Sep. 30 2022      0.23           0.34           Beat