Calix, Inc. (CALX) Tops Q3 EPS by 3c

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Calix Reports Third Quarter 2016 Financial Results

November 1, 2016 4:01 PM EDT

PETALUMA, CA -- (Marketwired) -- 11/01/16 -- Calix, Inc. (NYSE: CALX) today announced unaudited financial results for the third quarter ended September 24, 2016. Revenue for the third quarter of 2016 was $121.2 million, an increase of 7.9% compared to $112.3 million for the third quarter of 2015.

"Demand for Software Defined Access (SDA) and Calix AXOS systems, software, and services drove our better than expected 8% year-on-year third quarter revenue growth and produced earnings at the upper end of expectations," said Carl Russo, Calix, Inc. President and CEO. "We continue to see strong interest from new and existing customers both for our... More