Key Developments: Calix Inc (CALX.N)
9.64USD
17 May 2013
$0.08 (+0.84%)
$9.56
$9.65
$9.67
$9.41
121,897
85,779
$9.69
$4.27
Latest Key Developments (Source: Significant Developments)
Lake Connections Selects Calix Inc's Calix E7 And 836GE RSG For Regional Fiber Network
Calix Inc announced that Lake County (DBA Lake Connections) has selected the Calix E7-2 Ethernet Service Access Platform (ESAP) and 836GE Residential Services Gateway (RSG) for a Broadband Stimulus fiber access project across Lake County and eastern Saint Louis County in northeast Minnesota. The $69.8 million project, which includes plant engineering, materials, labor, and other costs, including access equipment, is funded by a $66.3 million Broadband Initiatives Plan (BIP) combination of a grant and loan, along with $3.5 million in county investment. Full Article
Calix Inc Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Calix Inc announced that for fiscal 2013, it expects revenue to be around $409 million to $410 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $410 million for fiscal 2013. Full Article
Calix Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Calix Inc announced that for the first quarter of 2013, it anticipates revenue to decline only slightly in the first quarter to approximately $90 million, instead of the large drop in first quarter typically expected. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $90 million for first quarter of 2013. Full Article
Calix Inc Issues Q4 2012 Guidance; EPS Guidance Below Analysts' Estimates-Conference Call
Calix Inc announced that for fourth quarter of 2012, it expects EPS to be $0.02 per share and revenue to be approximately $91 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.05 and revenue of $88 million for fourth quarter of 2012. Full Article
Calix Inc Completes Acquisition of Ericsson's Fiber Access Assets And Begins Global Reseller Agreement
Calix Inc announced that the completion of its acquisition of Ericsson's fiber access assets and the implementation of a Global Reseller Agreement between the two companies which was announced on Aug. 22, 2012. Full Article
Numericable Selects Calix Inc And Arcadiz Telecom For Broadband Business Services Rollout
Calix Inc announced that Belgian service provider Numericable has selected the Calix E7-2 Ethernet Service Access Platform (ESAP) and gigabit passive optical network (GPON) technology to upgrade service delivery platform in Belgium and Luxembourg. Calix, along with Arcadiz Telecom, will work closely to roll out Numericable's new high-speed broadband networks to deliver business services across the region. Full Article
Calix Inc To Acquire Fiber Access Assets From Ericsson; Signs Global Reseller Agreement
Calix Inc announced the signing of a definitive agreement under which Calix will acquire Ericsson's fiber access assets. The two companies also announced that they have signed a global reseller agreement, under which Calix will become Ericsson's preferred global partner for broadband access applications. The global reseller agreement between the two companies allows Ericsson to sell Calix Unified Access systems and software as its preferred fiber and VDSL2 access solution in 180 countries worldwide. This preferred partnership becomes effective upon the close of the acquisition and remains effective for three years. Full Article
Calix Inc Issues Q3 2012 Mixed Guidance-Conference Call
Calix Inc announced that it expects revenue for the third quarter of 2012 to be flat with the second quarter. EPS to be between $0.01 and $0.02 per share, slightly less than the second quarter, because the second quarter benefited from the bonus accrual reversal. The Company reported revenues of $78.93 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $86.33 million and EPS of $0.06 for third quarter of 2012. Full Article
Calix Inc Lowers Q2 2012 Guidance
Calix Inc announced that for the second quarter of 2012, it expects revenue to be approximately $79 million and non-GAAP earnings per share (EPS) to be $0.04 per share. On May 1, 2012, the Company provided guidance for the second quarter ending June 30, 2012 for revenue to range between $93 to $97 million and non-GAAP earnings per share (EPS) to be between $0.07 to $0.11 per share. The revised estimates for the second quarter reflect softness in demand across multiple customer markets which the Company believes is due to a slowdown in capital expenditures by service providers increasingly concerned about macro-economic conditions and uncertainties associated with the implementation of regulatory reforms. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $95 million and EPS of $0.10 for second quarter of 2012. Full Article
Case Western Reserve University Selects Calix Inc's Calix E7 For Gig.U Project
Calix Inc announced that Case Western Reserve University (Case Western Reserve) has selected the Calix E7-2 Ethernet Service Access Platform (ESAP) to support one of the Gig.U University Community Next Generation Innovation Project deployments. One of 37 universities across the Country involved in the Gig.U initiative, Case Western Reserve will deploy fiber in and around its Cleveland, Ohio campus and utilize the Calix E7-2 and 716GE-I indoor optical network terminals (ONTs) to enable a network capable of delivering up to one gigabit per second (Gbps) to subscribers. This fiber access network, one of the advanced in the Nation, will also deploy Compass Flow Analyzer by Calix to closely monitor and analyze the traffic patterns and applications riding across this network. Full Article
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