* Prices IPO at $13/shr vs $11-$13 range -mkt source
* Sells 6.3 mln shares, raises about $82.3 mln -mkt source
NEW YORK, March 23 Telecom equipment maker Calix Networks Inc (CALX.N) priced shares in its initial public offering at the top of the expected range on Tuesday, according to a market source.
The company sold 6.3 million shares for $13 each, raising about $82.3 million. It had planned to sell 6.3 million shares for $11 to $13 each.
Petaluma, California-based Calix sells hardware and software that allows communications service providers to network with their residential and business subscribers. It said in a regulatory filing that its competitors include Huawei Technologies Co Ltd [HWT.UL] and Motorola Inc MOT.N.
The company posted revenue of $232.9 million, 7 percent less than a year earlier. The company's net loss rose nearly 74 percent to $22.4 million.
Underwriters were led by Goldman Sachs & Co and Morgan Stanley. Shares are expected to begin trading on the New York Stock Exchange under the symbol "CALX" on Wednesday. (Reporting by Clare Baldwin; Editing by Marguerita Choy)