Calix Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Fall After Hours

MT Newswires Live
07/21

Calix (CALX) reported fiscal Q2 adjusted earnings late Monday of $0.47 per diluted share, up from $0.33 a year earlier.

Analysts polled by FactSet expected $0.40.

Revenue in the three months ended June 27 rose to $293.3 million from $241.9 million a year earlier.

Analysts expected $290 million.

The company expects Q3 adjusted EPS of $0.37 to $0.45 on revenue of $301 million to $307 million.

Analysts expect EPS of $0.46 on revenue of $301.7 million.

Calix shares fell 13% in after-hours trading

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