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Shares of Calix (NYSE:CALX) increased in after-market trading after the company reported Q4 results.
Earnings per share increased 311.11% year over year to $0.37, which beat the estimate of $0.33.
Revenue of $170,026,000 rose by 41.46% from the same period last year, which beat the estimate of $159,520,000.
Earnings guidance hasn't been issued by the company for now.
Calix hasn't issued any revenue guidance for the time being.
52-week high: $36.94
Company's 52-week low was at $5.61
Price action over last quarter: Up 35.17%
Calix provides broadband communications access systems and software. Its portfolio of products allows communication service providers to deliver a wide variety of services to residential and business customers. The company's solutions are deployed to more than 1,200 customers domestically and internationally, including the majority of Tier 3 U.S. carriers. The firm's revenue comprise of revenue from the sale of access and premises systems, software platform licenses and cloud-based software subscriptions. The services revenue includes revenue from professional services, customer support, software- and cloud-based maintenance, extended warranty subscriptions, training, and managed services.
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