secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2021-07-26T23:59:59+00:00
Accession:  0001406666-21-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix Q2 revenue $168.7M (+42% YoY) beats guidance; EPS $0.38 non-GAAP; CEO becomes chairman
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666621000077/0001406666-21-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666621000077/calx-20210726.htm
  HTML page:      https://secwatch.observer/filing/0001406666-21-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer