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MarketScreener Homepage  >  Equities  >  Nyse  >  Calix, Inc.    CALX

CALIX, INC.

(CALX)
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Calix : Latest Calix Intelligent Access EDGE Release Allows Network Operations to Meet Growing Demand for High-Bandwidth Services

11/18/2020 | 08:26am EST

New GigaPoint ONT embraces next-generation 10G PON technologies like XGS-PON and NG-PON2 to offer the scalability, flexibility, and reliability of a future-proof network

Calix, Inc. (NYSE: CALX) today announced the new 10G PON Calix GigaPoint®, which enables communications service providers (CSPs) to future proof not only their network capacity but also their service offerings. The additional bandwidth enables CSPs to deliver higher speeds and more advanced services—particularly those requiring symmetrical bandwidth for working, learning, and entertaining from home. Per recent research from Stanford University, 42 percent of the U.S. labor force is now working from home and accounting for more than two-thirds of the economic activity, making this segment essential to any CSP business model. To help address this higher broadband demanding segment, the Calix AXOS® Intelligent Access EDGE portfolio features a complete set of solutions for any 10G PON deployment scenario. This everyPON strategy from Calix has amassed a market-leading 120-plus active customers as adoption continues to grow.

Chariton Valley is the first Calix customer excited to deploy the new Calix GigaPoint GP1100X, connecting it to its XGS-PON access network. This latest system is a high-performance, indoor, XGS-PON ONT with a 2.5G Ethernet (GE) LAN port, which enables the Macon, Missouri-based CSP to cost-effectively deliver IPTV and data services, along with one voice line that supports carrier-grade VoIP.

“All service providers today are facing subscribers who are home for increasingly long stretches and using broadband service at levels we have never seen before,” said Kirby Underberg, chief executive officer for Chariton Valley. “We needed a platform that could scale as our FTTH network and subscriber base grew—one that would enable us to deliver services that match subscriber demand without causing our costs to skyrocket. During our evaluations, it became clear that the software-defined Calix AXOS platform would scale to meet our bandwidth needs while lowering our total cost of ownership. Furthermore, we take pride in owning the network end-to-end, deploying the EXOS® platform, GigaSpire BLAST Systems, and CommandIQ™ app to deliver the ultimate subscriber experience. Calix provided a complete end-to-end solution that competing vendors simply couldn’t match.”

Chariton Valley delivers fiber-to-the-home broadband service to residential and business subscribers in a 7,565-square-mile footprint in the northeast region of Missouri. The regional CSP has built its network end to end with the Calix Intelligent Access EDGE and Revenue EDGE solutions. Now it is taking the next step to future-proof its capacity with the AXOS E7®-2 Intelligent Modular System and the new GigaPoint ONT. With AXOS and an everyPON strategy, Chariton Valley can deploy the right network technology at the right time for the business further enabling the regional CSP to capitalize on its investments.

“The AXOS Intelligent Access EDGE delivers highly agile solutions that support the adoption of user-friendly network automation and simplified service orchestration to reduce service provisioning times,” said Michel Langlois, chief development officer, Intelligent Access EDGE products. “Next-generation 10G-PON technologies like XGS-PON and NG-PON2 offer the scalability, flexibility, and reliability to deliver a future of converged everyPON network. With these technologies, CSPs will be able to offer more speeds and the advanced services subscribers demand. Chariton Valley is at the forefront of this evolution, building, operating, and innovating with its network—all while reducing operating costs. This ability to remain resource-efficient while delivering differentiated services keep Chariton Valley well ahead of the competition.”

Learn more about the latest additions to the Intelligent Access EDGE solution during our November 18 webinar, “A ConneXions Intelligent Access EDGE Roundup: Football Style.”

About Calix

Calix, Inc. (NYSE: CALX) – Innovative communications service providers rely on Calix platforms to help them master and monetize the complex infrastructure between their subscribers and the cloud. Calix is the leading global provider of the cloud and software platforms, systems, and services required to deliver the unified access network and smart premises of tomorrow. Our platforms and services help our customers build next generation networks by embracing a DevOps operating model, optimize the subscriber experience by leveraging big data analytics and turn the complexity of the smart, connected home and business into new revenue streams.

This press release may contain forward-looking statements that are based upon management's current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix's results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.


© Business Wire 2020
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Financials (USD)
Sales 2020 531 M - -
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 90,0x
Yield 2020 -
Capitalization 2 223 M 2 223 M -
Capi. / Sales 2020 4,19x
Capi. / Sales 2021 3,98x
Nbr of Employees 763
Free-Float 85,6%
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Number of Analysts 5
Average target price 31,20 $
Last Close Price 35,99 $
Spread / Highest target -2,75%
Spread / Average Target -13,3%
Spread / Lowest Target -19,4%
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Managers and Directors
NameTitle
Carl E. Russo President, Chief Executive Officer & Director
Don J. Listwin Chairman
Michael Weening Chief Operating Officer & Executive Vice President
Cory Joseph Sindelar Chief Financial & Accounting Officer
Michael Thomas Everett Independent Director
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