Calix Q2 revenue $261M record; non-GAAP EPS $0.36 beats guidance

CALIX, INC

2023-Q2 EPS reported $0.27 revenue$511,024,000

Record revenue $261M, up 29% YoY; GAAP EPS $0.13, non-GAAP EPS $0.36 (beat guidance $0.28-$0.34).
Non-GAAP gross margin 52.8%, up 100bps QoQ; Q3 guidance mid-point 53.5%.
Added 16 new BSP customers; RPOs $213M, up 31% YoY.
Cash and investments $264.1M record; repurchased $8.8M stock at $44.10.
Q3 guidance: revenue $260-$265M, non-GAAP EPS $0.32-$0.38.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CALIX, INC reported second quarter 2023 results: revenue $261.0 million.

Period: second quarter 2023
Revenue: $261.0 million
Result: reported results

Exact text from the filing

In the second quarter of 2023, the Calix team executed our ninth consecutive quarter of sequential revenue growth and the fourth consecutive quarter of sequential gross margin expansion, once again demonstrating predictability due to the unique strength of our platform and managed services model, delivering record revenue of $261.0 million and non-GAAP gross margin of 52.8%.

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Source: SEC EDGAR

accession 0001406666-23-000033

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