secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001406666-25-000001
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix Q4 revenue $206.1M, GAAP loss $0.27, non-GAAP EPS $0.08; record gross margin 55.0%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000001/0001406666-25-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000001/calx-20250129.htm
  HTML page:      https://secwatch.observer/filing/0001406666-25-000001

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