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

Calix

23/10/2023 22:03

* Calix Inc  CALX.N  reported quarterly adjusted earnings of
44
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 36 cents per share.
    * Revenue rose 11.6% to $263.84 million from a year ago;
analysts
expected $263.23 million. 
    * Calix Inc's reported EPS for the quarter was 24 cents​.
    * The mean earnings estimate of analysts was unchanged 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 5.6% this quarter and
lost 36.8%
so far this year.
    * The company reported quarterly net income of $16.95
million.
    * Wall Street's median 12-month price target for Calix Inc
is
$77.50 
    * 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
October 23 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.36           0.44           Beat
 Jun. 30 2023      0.32           0.36           Beat
 Mar. 31 2023      0.28           0.31           Beat
 Dec. 31 2022      0.25           0.34           Beat