Calix Networks Stock Price, News & Analysis

Calix, Inc. (NYSE: CALX) has launched two new systems under its Revenue EDGE platform—the GigaPro GPR8802x, designed for small businesses and multi-dwelling units, and the GigaSpire BLAST u4g, a Wi-Fi 6 system. These products enhance the ability of broadband service providers (BSPs) to enter new markets rapidly. The GigaPro includes power over Ethernet and supports management through Calix cloud solutions, while the GigaSpire offers integrated ONT and residential gateway functionality. These innovations aim to drive revenue growth and enhance subscriber experiences.

Calix, Inc. (NYSE: CALX) announces the retirement of Michael Matthews from its board of directors after over a decade of service, effective December 31, 2022. Ellie Fields, seasoned cloud software executive, will join the board on January 1, 2023, bringing nearly 20 years of relevant experience. Fields, currently the chief product officer at Salesloft, aims to enhance Calix's growth and innovation in the broadband sector. Chairman Carl Russo praised her expertise as essential for Calix's future initiatives.

Calix, Inc. (NYSE: CALX) has launched new capabilities in its Operations Cloud, enabling broadband service providers to enhance subscriber experience through proactive network health monitoring and insights. This allows for early issue resolution, optimizing network performance, and reducing operational expenses. The geo-mapping feature aids in identifying problems before they affect subscribers, while automation increases operational efficiency. These advancements aim to differentiate Calix's services from larger competitors and improve satisfaction metrics significantly.

Calix, Inc. (NYSE: CALX) has updated its Calix Support Cloud, enhancing efficiency for broadband service providers (BSPs) as they adopt new managed services. These updates aim to deliver exceptional subscriber experiences while lowering operational costs. The Support Cloud now supports a broad range of services, including connected home security and community-wide Wi-Fi through SmartTown. In addition, improvements in workflow management and proactive monitoring are designed to facilitate faster troubleshooting and improve customer support.

Calix, Inc. (NYSE: CALX) announced enhancements to its Marketing Cloud Plus, empowering broadband service providers to improve subscriber engagement and reach new audiences. A survey indicates that 78% of broadband executives plan to adopt new marketing tools. Marketing Cloud Plus allows deep insights into subscriber experiences using demographic and psychographic data. Alliance Communications reported a 65% increase in email open rates after utilizing these insights for a new subscriber acquisition campaign. Regular updates to Calix platforms aim to transform utility providers into experience providers.

Calix, Inc. (NYSE: CALX) will participate in two upcoming investor events. The Needham Security, Networking, and Communications Virtual Conference is set for November 15, 2022, at 12:45 p.m. Eastern Time, featuring Chairman Carl Russo and CFO Cory Sindelar. The 11th Annual ROTH Technology Event will be held in person on November 16, 2022, at The Yale Club in New York City, with meetings from 9:00 a.m. to 5:00 p.m. Eastern Time, also featuring CFO Cory Sindelar. Investors can access a webcast on Calix's investor relations website.