Calix Networks - CALX STOCK NEWS

Calix (NYSE: CALX) has announced its participation in six major investor conferences spanning from May to June 2025. The company's leadership, including Chairman Carl Russo and CFO Cory Sindelar, will attend various high-profile events across the United States.

The conference schedule includes:

• Needham Technology, Media & Consumer Conference (Virtual) - May 9
• JP Morgan Global Technology Conference in Boston - May 13
• Craig-Hallum Institutional Investor Conference in Minneapolis - May 28
• Jefferies Software Conference in Newport Coast - May 29
• BofA Securities Global Technology Conference in San Francisco - June 4
• Rosenblatt Age of AI Conference (Virtual) - June 10

Interested institutional investors can arrange meetings through their host firm representatives or contact Calix investor relations directly. Webcasts of available presentation sessions will be accessible through the company's investor relations website.

Leading telecom companies including Calix (NYSE: CALX), Corning, and Brightspeed have published a strategic paper highlighting the urgent need to phase out aging copper networks in favor of modern connectivity solutions. The paper, titled 'Meeting the Needs of Rural Subscribers for Generations to Come,' emphasizes the critical timing with unprecedented Broadband Equity, Access, and Deployment (BEAD) funding availability.

The study examines various communication technologies including fiber, wireless, LEO satellite, and coaxial cable, evaluating their capability to meet current and future needs. The analysis concludes that while copper networks are becoming obsolete, fiber optics offer superior benefits including faster speeds, higher reliability, enhanced security, and lower maintenance costs. For areas where fiber deployment isn't feasible, wireless and satellite solutions are recommended as effective alternatives.

Calix (NYSE: CALX) has announced its unaudited financial results for the first quarter of 2025. The company has published these results in a letter to stockholders, which is available on their investor relations website.

A conference call to discuss the results will be held on April 22, 2025, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time, featuring President and CEO Michael Weening and CFO Cory Sindelar. Investors can access the call through a live webcast or by dialing in directly.

Calix (NYSE: CALX) has announced a significant expansion of its stock repurchase program, with its board of directors approving an additional $100 million authorization. The company will have flexibility in executing these repurchases through various methods, including open market purchases and privately negotiated transactions.

The implementation of the buyback program will be influenced by factors such as prevailing stock prices, market conditions, and economic considerations aligned with Calix's capital allocation strategy. The company maintains discretion over the timing, price, and size of the purchases, and may suspend or discontinue the program at any time.

YK Communications has partnered with Calix University to transform their workforce into a competitive broadband experience provider (BXP). The Texas-based company has achieved remarkable results, increasing employee course enrollment by 6X in 90 days through specialized training programs.

The partnership focuses on enhancing employee expertise in sales, marketing, leadership development, and community outreach. YK Communications has demonstrated success with an impressive Net Promoter Score of 92, significantly outperforming the industry average in the 30s. This achievement is attributed to their adoption of value-based offers like the 'Family Guardian' plan, which includes managed services such as ExperienceIQ, ProtectIQ, Bark social media monitoring, and Arlo Secure cameras.

The initiative comes at a important time, as nearly one-third of the broadband industry's workforce is expected to exit or retire within the next decade. Calix University offers comprehensive education through e-learning, virtual instructor-led courses, and in-person classes, covering topics from broadband basics to cybersecurity awareness.

Calix (NYSE: CALX) highlights how local broadband experience providers (BXPs) are utilizing SmartTown® and the Calix Broadband Platform to provide critical community connectivity. Tombigbee Fiber in Mississippi is expanding free community Wi-Fi to 80 new public spaces, including volunteer fire departments and community centers, with 15 new locations in Tupelo, supported by the BEAM grant.

In Virginia, MGW is implementing secure connectivity in various public spaces and demonstrated swift disaster response capabilities after Hurricane Helene. MGW plans to expand SmartTown to eight more towns in 2025, including Deerfield and Staunton.

Calix's platform receives updates every 90 days, with recent enhancements including pre-provisioning for GigaSpires® and GigaPros® in Calix Cloud®, streamlining installation processes especially during disaster recovery scenarios.

GoFibre, an alternative network provider, is expanding its broadband services across Scotland and northern England through a partnership with Calix (NYSE: CALX). The company is leveraging the Calix Broadband Platform to enhance its service offerings and customer experience.

Founded in 2017, GoFibre maintains a high Trustpilot rating of 4.6/5 and is implementing various SmartHome managed services. The company utilizes Calix Cloud for data-driven marketing and customer support, offering features like ProtectIQ cybersecurity and ExperienceIQ network controls through the GoFibre App.

The partnership enables GoFibre to deploy services rapidly, transform customer support with real-time insights, and deliver personalized communications. The company is participating in Project Gigabit to connect more customers in hard-to-reach communities with high-quality broadband.

Calix (NYSE:CALX) has scheduled the release of its first quarter 2025 financial results on Monday, April 21, 2025, after market close. The company will publish a stockholder letter on its Investor Relations website for the period ended March 29, 2025.

A conference call to discuss the results is scheduled for Tuesday, April 22, 2025, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time. Investors can participate through a live webcast or by dialing (877) 407-4019 (domestic) or (201) 689-8337 (international) with conference ID#13752758.

Calix (NYSE: CALX) has nominated Mike Berry, former CFO of NetApp, to its board of directors. Berry, with over 30 years of experience in finance and technology, will stand for election to replace departing board member Ellie Fields. His extensive background includes CFO positions at major tech companies including NetApp, McAfee, FireEye, Informatica, and SolarWinds.

Berry's nomination aligns with Calix's strategy of transforming the broadband industry through its appliance-based platform, cloud, and managed services model. The company aims to help broadband experience providers (BXPs) simplify operations, innovate, and create lasting community value.

Ellie Fields, who is departing to focus on building an AI startup, will not seek reelection to the board. Calix Chairman Carl Russo expressed confidence in Berry's fit with the company's future direction, particularly as disruption in the broadband service provider sector accelerates.