Calix Q2 revenue $202M record (+20% YoY), beats guidance; non-GAAP EPS $0.22; authorizes $100M buyback

CALIX, INC

2022-Q2 EPS reported $0.23 revenue$386,990,000

Record quarterly revenue $202.0M, above guidance of $192-198M and up 20% YoY.
GAAP EPS $0.11; non-GAAP EPS $0.22, above guidance range of $0.15-0.20.
Non-GAAP gross margin 50.1%, down 270 bps YoY on higher component and logistics costs.
Board authorized a one-year stock repurchase program of up to $100M.
Q3 2022 guidance: revenue $211-217M, non-GAAP EPS $0.18-0.24.

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