Calix Inc (CALX) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Calix Inc (CALX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Calix Inc provides broadband communications access systems and software. It delivers the wide variety of services to residential and business customers domestically and internationally. Calix Inc has a market cap of $433.542 million; its shares were traded at around $8.16 with and P/S ratio of 1.01.


For the last quarter Calix Inc reported a revenue of $115.5 million, compared with the revenue of $137.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $441.3 million, a decrease of 13.5% from the previous year. For the last five years Calix Inc had an average revenue growth rate of 4.5% a year.

The reported loss per diluted share was 37 cents for the year, compared with the loss per share of $0.41 in the previous year. The Calix Inc had an operating margin of -4.42%, compared with the operating margin of -15.15% a year before. The 10-year historical median operating margin of Calix Inc is -6.81%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Calix Inc has the cash and cash equivalents of $49.6 million, compared with $39.8 million in the previous year. The company had no long term debt. The interest coverage to the debt is 7.2. Calix Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $8.16, Calix Inc is traded at close to its historical median P/S valuation band of $8.10. The P/S ratio of the stock is 1.01, while the historical median P/S ratio is 0.97. The stock gained 24.58% during the past 12 months.

For the complete 20-year historical financial data of CALX, click here.

This article first appeared on GuruFocus.


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