Calix Networks Stock Price, News & Analysis

Calix, Inc. (NYSE: CALX) launched SmartTown at Calix ConneXions 2022, enabling broadband service providers (BSPs) to deliver secure, managed Wi-Fi across communities, parks, and events. This new service is positioned to meet rising demands for connectivity, with over 1 million people migrating from urban areas to rural regions post-pandemic. SmartTown provides BSPs a competitive edge, generates new revenue streams, and fosters partnerships with local governments. Supported by Calix's extensive platform investments, SmartTown aims to enhance community connectivity and digital inclusion.

Calix, Inc. (NYSE: CALX) has appointed Michael Weening as its new president and chief executive officer. Weening has been with Calix for over six years, previously serving as president and chief operating officer. His leadership is anticipated to drive growth as the broadband industry benefits from significant investments. Weening emphasizes his commitment to transforming the broadband market and continuing the company's evolution into a managed services platform. Carl Russo, the outgoing CEO, will shift to focus on board leadership.

Calix, Inc. (NYSE:CALX) will release its third quarter 2022 stockholder letter with results for the period ending October 1, 2022, on October 24, 2022, after market close. A conference call to discuss these results is scheduled for October 25, 2022, at 5:30 a.m. Pacific Time. Investors can access the call via the Calix Investor Relations website or by dialing (877) 407-4019. A replay will also be available post-call. Calix aims to enable service providers to innovate and grow through its cloud and software platforms, enhancing subscriber experiences and community value.

Calix, Inc. celebrates Jade Communications' success with its fully managed connected camera service, Jade Security, which has achieved a 92% increase in average revenue per user (ARPU) within a year of launch. The service combines advanced security features with managed support, resulting in a 100% Net Promoter Score (NPS) among subscribers. Jade Security is projected to deliver a 242% ROI for users, reflecting the effectiveness of the Calix Revenue EDGE platform in enhancing subscriber engagement and loyalty in competitive markets.

Calix (NYSE: CALX) has launched its Revenue EDGE subscriber experience platform in the U.K. at the Connected Britain conference. This new offering empowers altnet internet service providers to enhance customer experience through managed services, aiming to increase Net Promoter Scores (NPS) and lower operational expenses (OPEX). U.S. broadband service providers have previously seen NPS in the 60s to 90 and OPEX reductions by one-third. The platform includes features like ProtectIQ for network security and ExperienceIQ for parental controls, catering to growing management and security demands of connected homes.

Calix, Inc. (NYSE: CALX) announces a surge in registrations for its ConneXions 2022 conference, set for October 15-18 at the Wynn Las Vegas. The event, rated a "must-attend" by 97% of past attendees, will feature industry leaders and keynote speakers discussing strategies for broadband service providers (BSPs) to enhance subscriber loyalty and drive economic growth in rural communities. Attendees can expect to learn from the successes of Calix-partnered BSPs, who report significant revenue growth and high Net Promoter Scores, as well as insights from notable speakers across the broadband industry.

Calix, Inc. has been recognized by Internet Telephony magazine as the Product of the Year for its Intelligent Access EDGE platform. This innovative software-defined network architecture allows broadband service providers (BSPs) to enhance broadband services efficiency, conduct live upgrades without downtime, and lower operational expenses (OPEX) by up to 40%. The platform also supports energy consumption reductions of up to 73%, promoting sustainability. Overall, it dramatically simplifies services delivery, helping providers introduce managed services up to 80% faster.

Calix, Inc. (NYSE: CALX) announced that renowned author Daniel Pink will deliver the closing keynote at ConneXions 2022 on October 18. Pink, known for his expertise in human behavior and persuasion, will provide actionable insights for broadband service providers (BSPs) facing increased competition amidst over $100 billion in funding opportunities. His presentation aims to inspire BSPs to enhance their value propositions beyond basic connectivity, focusing on services like ProtectIQ® and Arlo Secure. The event will showcase BSPs that have successfully transformed businesses to better serve their communities.