earnings
confidence high
sentiment positive
materiality 0.75
Calix Q1 record gross margin 56.2%, revenue $220.2M, non-GAAP EPS $0.19
CALIX, INC
2025-Q1 EPS reported
-$0.07
revenue$220,242,000
- Q1 revenue $220.2M (+6.9% QoQ, -2.7% YoY); GAAP net loss $4.8M ($0.07 loss per share); non-GAAP net income $13.1M ($0.19 per share).
- Record GAAP gross margin 55.7% (+150 bps YoY); non-GAAP gross margin 56.2% (also record).
- RPOs $340.4M (+39% YoY); added 16 new BSPs; cash & investments $282.3M after repurchasing 1.2M shares.
- Board authorized additional $100M buyback; Q2 guidance: revenue $221M–$227M, non-GAAP EPS $0.18–$0.24.
- Sequential growth driven by BXP customers pulling forward XGS-PON and WiFi-7 demand; Unlimited Subscriber revenue up 15% QoQ.