earnings
confidence high
sentiment positive
materiality 0.80
Calix Q2 revenue $168.7M (+42% YoY) beats guidance; EPS $0.38 non-GAAP; CEO becomes chairman
CALIX, INC
2021-Q2 EPS reported
$0.61
revenue$330,744,000
- Revenue $168.7M, +42% YoY, above guidance of $157-163M; non-GAAP EPS $0.38 vs guidance $0.24-0.28.
- GAAP net income $20.5M (vs loss of $4.2M YoY), record Q2; gross margin 53.1% GAAP, 52.8% non-GAAP.
- Free cash flow $21.8M, positive for 4th consecutive quarter; cash and securities $175.8M, up $25.8M sequentially.
- EXOS platform revenue up >275% YoY, AXOS up >75% YoY; added 43 new BSP customers in Q2.
- CEO Carl Russo appointed Chairman; Don Listwin becomes lead independent director.