Calix, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 29, 2024 at 04:10 pm EST
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Calix, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 264.73 million compared to USD 244.5 million a year ago. Net loss was USD 4.14 million compared to net income of USD 11.93 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the full year, sales was USD 1,039.59 million compared to USD 867.83 million a year ago. Net income was USD 31.78 million compared to USD 41.01 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.6 a year ago.
Calix, Inc. is a global provider of a platform (cloud, software and systems) and managed services that focus on the subscriber-facing network, the portion of the network that governs available bandwidth and determines the range and quality of services that can be offered to subscribers. This platform and managed services enable broadband service providers (BSPs) of all sizes to innovate and transform their businesses. The Company's platform, which includes Calix Cloud, Calix Revenue EDGE and Calix Intelligent Access EDGE, gathers, analyzes, and applies machine learning to deliver real-time insights to each key business function. Calix Cloud comes in three role-base editions: Calix Marketing Cloud, Calix Support Cloud and Calix Operations Cloud. Calix Revenue EDGE offers premises solution for subscriber managed services. Calix Intelligent Access EDGE provides an access network solution for automated, intelligent networks.
CALIX, INC. 
