secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2022-04-25T23:59:59+00:00
Accession:  0001628280-22-010117
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix beats Q1 revenue and EPS guidance; raises 2022 revenue growth outlook to 10-15%
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- Record Q1 revenue of $184.9M, above guidance of $174-180M; up 14% YoY.
- Non-GAAP EPS $0.22, above guidance of $0.16-0.21; GAAP EPS $0.12.
- Non-GAAP gross margin 50.1%, down 370 bps YoY due to higher component/logistics costs.
- Raised FY2022 revenue growth outlook to 10-15%; Q2 revenue guidance $192-198M.
- Ended quarter with record cash of $213.1M; added 33 new BSP customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000162828022010117/0001628280-22-010117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000162828022010117/calx-20220425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-010117

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