Calix, Inc. (CALX) Misses Q4 EPS by 13c, Guides EPS Below
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Calix Reports Fourth Quarter 2016 Financial Results
February 14, 2017 4:01 PM ESTPETALUMA, Calif., Feb. 14, 2017 (GLOBE NEWSWIRE) -- Calix, Inc. (NYSE: CALX) today announced unaudited financial results for the fourth quarter ended December 31, 2016. Revenue for the fourth quarter of 2016 was $131.8 million, an increase of 25.5% compared to $105.0 million for the fourth quarter of 2015.
We ended 2016 with record revenues for the fourth quarter as well as the full year 2016 which marks our fourth consecutive year of growth. We expect this growth to continue as service providers increasingly deploy transformative solutions from our software defined access portfolio, said Carl Russo, Calix, Inc. President and CEO. However, as we... More
