Calix Posts Q2 2026 Results, Conference Call Set for Tomorrow
CALX is trading near its 52-week low of $34.86 (1.3% above the low).
Summary
Calix released its Q2 2026 financial results, reporting revenue of $293.3 million, GAAP EPS of 26 cents, and adjusted EPS of 47 cents. The company provided Q3 guidance with revenue expected between $301 million and $307 million and EPS in the range of 37 cents to 45 cents. Additionally, Calix expects full-year 2026 revenue to be at the high end of its 15-20% growth target. A conference call is scheduled for tomorrow morning to discuss the quarter. This follows a strong Q1 that saw a return to GAAP profitability and 27% revenue growth, but the stock is trading near its 52-week low amid a pending class action lawsuit alleging misleading statements.
At the time of this announcement, CALX was trading at $35.30 on NYSE in the Technology sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $34.86 to $71.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: BusinessWire.