earnings
confidence high
sentiment neutral
materiality 0.75
Calix Q4 revenue $176.4M beats guidance; EPS $0.26 non-GAAP vs. $0.20-$0.25 guidance
CALIX, INC
2021-FY EPS reported
$3.51
revenue$679,394,000
- Q4 revenue $176.4M (guidance $170-$176M); GAAP net income $0.29/share, non-GAAP $0.26/share.
- Non-GAAP gross margin 51.3% (down 190 bps YoY) due to higher component and logistics costs; guidance 49-51%.
- Added 26 new BSP customers in Q4, 131 in FY21; Cloud customers up 48% YoY; EXOS revenue +107% YoY.
- Q1 2022 guidance: revenue $174-$180M, non-GAAP EPS $0.16-$0.21; full-year supply constraints persist.
- Cash and investments $204.3M (record); positive free cash flow $9.4M in Q4.