secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001628280-22-001324
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix Q4 revenue $176.4M beats guidance; EPS $0.26 non-GAAP vs. $0.20-$0.25 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000162828022001324/0001628280-22-001324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000162828022001324/calx-20220126.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-001324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer