Cowen Downgrades Calix (CALX) to Market Perform

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Go back to Cowen Downgrades Calix (CALX) to Market Perform

Calix Reports Fourth Quarter 2015 Financial Results

February 9, 2016 4:00 PM EST

PETALUMA, CA -- (Marketwired) -- 02/09/16 -- Calix, Inc. (NYSE: CALX) today announced unaudited financial results for the fourth quarter ended December 31, 2015. Revenue for the fourth quarter of 2015 was $105.0 million, a decrease of 5.9% compared to $111.6 million for the fourth quarter of 2014.

"Our fourth quarter results were at the upper end of guidance as customer shipments were within expectations," said Carl Russo, Calix, Inc. President and CEO. "Looking back over the quarter and the year, Calix, Inc. introduced AXOS, our new Software Defined Access platform, as well as announced our new products that leverage next... More