Latest news with #CorySindelar
Business Wire
21-07-2025
- Business
- Business Wire
Calix Releases Second Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its second quarter of 2025, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix investor relations website at to view the letter to stockholders. A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar will be held tomorrow, July 22, 2025, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time. Interested parties may listen to a live webcast of the conference call by visiting the Events section of the Calix Investor Relations website. The live conference call will be available by dialing (877) 407-4019, or international (201) 689-8337, with conference ID#13754440. Participants may also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call. The conference call and webcast will include forward-looking information. A webcast replay of the conference call will be available following its completion and will be archived on the Calix Investor Relations website. About Calix Calix, Inc. (NYSE: CALX) – Calix is an appliance-based platform, cloud and managed services company. Broadband experience providers leverage the Calix's broadband platform, cloud and managed services to simplify their operations, subscriber engagement and services; innovate for their consumer, business and municipal subscribers; and grow their value for members, investors and the communities they serve. Our end-to-end platform and managed services democratize the use of data—enabling our customers of any size to operate efficiently, acquire subscribers and deliver exceptional experiences. Calix is dedicated to driving continuous improvement in partnership with our growing ecosystem to support the transformation of our customers and their communities. Category: Financial
Business Wire
21-04-2025
- Business
- Business Wire
Calix Releases First Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its first quarter of 2025, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix investor relations website at to view the letter to stockholders. A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar will be held tomorrow, April 22, 2025, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time. Interested parties may listen to a live webcast of the conference call by visiting the Events section of the Calix Investor Relations website. The live conference call will be available by dialing (877) 407-4019, or international (201) 689-8337, with conference ID#13752758. Participants may also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call. The conference call and webcast will include forward-looking information. A webcast replay of the conference call will be available following its completion and will be archived on the Calix Investor Relations website. About Calix Calix, Inc. (NYSE: CALX) – Calix is an appliance-based platform, cloud and managed services company. Broadband experience providers leverage Calix's broadband platform, cloud and managed services to simplify their operations, subscriber engagement and services; innovate for their consumer, business and municipal subscribers; and grow their value for members, investors and the communities they serve. Our end-to-end platform and managed services democratize the use of data - enabling our customers of any size to operate efficiently, acquire subscribers and deliver exceptional experiences. Calix is dedicated to driving continuous improvement in partnership with our growing ecosystem to support the transformation of our customers and their communities. Category: Financial
Yahoo
05-02-2025
- Business
- Yahoo
Calix Announces Upcoming Investor Events
SAN JOSE, Calif., February 05, 2025--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the upcoming investor events: Event: Morgan Stanley Technology, Media & Telecom Conference Date: March 3, 2025 Presentation Time: 1:05 p.m. Pacific Time Location: San Francisco, CA Participants: Carl Russo, Chairman & Cory Sindelar, CFO Event: ROTH Capital Partners 37th Annual Conference Date: March 17, 2025 Location: Dana Point, CA Participant: Cory Sindelar, CFO Institutional investors interested in a meeting should contact their representative at the host firms, or email Calix investor relations at InvestorRelations@ A webcast of the presentation sessions, where available, will be accessible in the investor relations section of the Company's website at About Calix Calix, Inc. (NYSE: CALX) – Calix is an appliance-based platform, cloud and managed services company. Broadband experience providers (BEP) leverage the Calix broadband platform, cloud and managed services model to simplify operations, subscriber engagement and services; innovate for their consumer, business and municipal subscribers; and grow their value for members, investors and the communities they serve. Our end-to-end platform, cloud and managed services democratize the use of data—enabling our customers of any size to operate efficiently, acquire subscribers and deliver exceptional experiences. Calix is dedicated to driving continuous improvement in partnership with our growing ecosystem to support the transformation of our BEP customers and their communities. Category: Financial View source version on Contacts Investor Inquiries: Nancy FazioliVP, Investor RelationsInvestorRelations@ (669) 308-3901
Yahoo
31-01-2025
- Business
- Yahoo
Calix Inc (CALX) Q4 2024 Earnings Call Highlights: Record Gross Margin and Strong RPO Growth
Revenue: $206 million, representing 2.6% sequential quarterly growth. RPOs (Remaining Performance Obligations): $326 million, up 10% sequentially and 34% year over year. Current RPOs: $121 million, up 10% sequentially and 27% year over year. Non-GAAP Gross Margin: 55.5%, a record for the fourth quarter. New Customers: 18 new DXP customers added in the fourth quarter. Cash and Investments: $297 million at year-end. DSO (Days Sales Outstanding): 36 days. Inventory Turns: 3.1, over 4 excluding component inventory. Inventory Deposits: Decreased by $4 million to $63 million. Stock Repurchase: $7 million of common stock purchased during the quarter. First Quarter 2025 Revenue Guidance: $204 million to $210 million. First Quarter 2025 Non-GAAP Gross Margin Guidance: Expected to remain flat to slightly up. Warning! GuruFocus has detected 4 Warning Sign with CALX. Release Date: January 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Calix Inc (NYSE:CALX) reported strong fourth-quarter revenue of $206 million, at the high end of their guidance range, representing a 2.6% sequential growth. The company achieved a record non-GAAP gross margin of 55.5% in the fourth quarter, driven by strong demand for their platform cloud and managed services. Calix Inc (NYSE:CALX) added 18 new DXP customers in the fourth quarter, with the majority being competitive takeaways, indicating successful market penetration. The company ended the year with a record cash and investments of $297 million, showcasing strong financial health. Calix Inc (NYSE:CALX) continues to see growth in their RPOs, which increased 10% sequentially and 34% year over year, reflecting strong future revenue potential. The company anticipates that gross margin improvement for 2025 will be at the lower end of their target financial model due to a mix shift towards subscriber systems. Calix Inc (NYSE:CALX) expects client margins to be a headwind to overall margins due to an increase in revenue from medium and large customers. There is uncertainty regarding the impact of government programs like BEAD, which could affect future growth and funding. The tax rate is expected to normalize at a higher level due to the expiration of some tax credits, potentially impacting net income. International growth is expected to remain consistent and not outpace domestic growth, limiting potential expansion opportunities abroad. Q: You had a large increase in RPO this quarter. Was this due to another large deal, and how do you see momentum continuing in 2025? A: Michael Weening, CEO: The increase was driven by a shift in mindset among customers who are embracing transformation to launch new managed services. We expect this momentum to continue as more customers adopt our platform. Cory Sindelar, CFO: The fourth quarter is typically strong as customers align contracts with their operating plans, and we expect this momentum to continue. Q: How is Calix focusing on monetizing the installed base of fiber-served homes and businesses amid BEAD concerns? A: Michael Weening, CEO: Our business model is built on monetizing subscribers, regardless of government funding. We help service providers differentiate in a commodity market and grow RPOs through incremental services. We are crossing the chasm into early adopters, as evidenced by our RPO growth. Q: Can you discuss the impact of international customers on your tax rate and growth expectations? A: Cory Sindelar, CFO: International growth will be consistent and not disproportionately higher than the U.S. We had some tax credits that have run off, leading to a higher normalized tax rate. The strength in international customers is expected to be steady, not significantly increasing. Q: What is driving the significant growth in RPOs, and how should we think about growth in 2025 and beyond? A: Michael Weening, CEO: Growth is driven by customers progressing from network operators to experience providers. Our customer success organization helps them mature through this journey. The growth is not tied to one specific product but rather a strategic transformation across our customer base. Q: How do you view the potential for growth with medium and large carriers, and what is the outlook for Verizon? A: Michael Weening, CEO: Verizon continues to invest in Calix technology at a consistent rate. We see opportunities with medium-sized carriers as they acknowledge market challenges and seek to differentiate. Our focus is on helping them transform their go-to-market strategies to win subscribers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Calix Releases Fourth Quarter 2024 Financial Results
SAN JOSE, Calif., January 29, 2025--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its fourth quarter of 2024, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix investor relations website at to view the letter to stockholders. A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar will be held tomorrow, January 30, 2025, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time. Interested parties may listen to a live webcast of the conference call by visiting the Events section of the Calix Investor Relations website. The live conference call will be available by dialing (877) 407-4019, or international (201) 689-8337, with conference ID#13750852. Participants may also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call. The conference call and webcast will include forward-looking information. A webcast replay of the conference call will be available following its completion and will be archived on the Calix Investor Relations website. About Calix Calix, Inc. (NYSE: CALX) – Calix is an appliance-based platform, cloud and managed services company. Broadband experience providers (BEP) leverage the Calix broadband platform, cloud and managed services model to simplify operations, subscriber engagement and services; innovate for their consumer, business and municipal subscribers; and grow their value for members, investors and the communities they serve. Our end-to-end platform, cloud and managed services democratize the use of data—enabling our customers of any size to operate efficiently, acquire subscribers and deliver exceptional experiences. Calix is dedicated to driving continuous improvement in partnership with our growing ecosystem to support the transformation of our BEP customers and their communities. Category: Financial View source version on Contacts Investor Inquiries: Nancy FazioliVP, Investor RelationsInvestorRelations@ (669) 308 3901 Sign in to access your portfolio
