earnings
confidence high
sentiment neutral
materiality 0.70
Calix Q4 revenue $206.1M, GAAP loss $0.27, non-GAAP EPS $0.08; record gross margin 55.0%
CALIX, INC
2024-FY EPS reported
-$0.45
revenue$831,518,000
- Q4 revenue $206.1M, +2.6% sequentially but -22% YoY; GAAP net loss $0.27 per diluted share, non-GAAP EPS $0.08.
- Record GAAP gross margin 55.0% (non-GAAP 55.5%), up 1,220 bps YoY due to product mix and prior-year charges.
- Remaining performance obligations (RPOs) $325.8M, +34% YoY and +10% sequentially; current RPO $120.7M, +27% YoY.
- Q1 2025 guidance: revenue $204-210M, non-GAAP gross margin 54.5-56.5%, non-GAAP EPS $0.10-0.16.
- Cash & investments $297.1M (record); non-GAAP free cash flow $50.3M in 2024; DSO 36 days.