secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001406666-24-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix reports Q3 rev $200.9M, down 24% YoY; GAAP EPS $(0.06), non-GAAP $0.13
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- Revenue $200.9M, up 1.4% sequentially but down 24% YoY; GAAP net loss $4.0M vs income $17.0M a year ago.
- Non-GAAP EPS $0.13 beats guidance range $0.05-$0.11; non-GAAP gross margin record 55.4%, up 160bps YoY.
- RPOs $295.7M, up 11% QoQ and 35% YoY; largest platform/cloud/managed services contract ever signed.
- Q4 guidance: revenue $201M-$207M, non-GAAP EPS $0.04-$0.10, gross margin 54.5%-56.5%.
- Cash and investments record $287.6M; non-GAAP free cash flow $12.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666624000038/0001406666-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666624000038/calx-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001406666-24-000038

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