Calix Networks Stock Price, News & Analysis

Calix, Inc. (NYSE: CALX) has enhanced its Calix Support Cloud by integrating it with over 100 third-party residential gateways. This upgrade enables broadband service providers (BSPs) to significantly reduce operational costs by minimizing truck rolls by up to 46% and improving first-call resolutions by 74%. The integration allows BSPs to leverage existing legacy equipment, facilitating real-time monitoring and predictive analytics without the need for new hardware. Calix's commitment to open industry standards further empowers BSPs to innovate and grow their revenue.

Calix, Inc. (NYSE: CALX) partners with GTC Broadband to enhance their broadband network using Calix Intelligent Access EDGE and Network Innovation Platform. This collaboration has led to a 70% reduction in subscriber turnup speeds, driving operational savings and efficiency. GTC plans to implement Calix Operations Cloud and Marketing Cloud to further streamline processes and boost revenue. The focus is on automated workflows to reduce costs and improve service delivery while leveraging advanced analytics for subscriber engagement.

Calix, Inc. (NYSE: CALX) has once again achieved top awards from Comparably, including Best Company Outlook, Best Engineering Team, and Best Global Culture. For 2022, Calix ranked 34th out of 100 in the Best Company Outlook, reflecting employee confidence. The company emphasizes its commitment to a work-from-anywhere culture, facilitating talent acquisition. Calix has won 21 awards since 2020, showcasing its strong employee satisfaction and innovation focus. The company is positioned as a leader in enabling broadband service providers with cloud and software platforms.

Calix, Inc. (NYSE:CALX) will release its first quarter 2022 stockholder letter with results for the period ending April 2, 2022, on April 25 after market close. A conference call to discuss these results is scheduled for April 26 at 5:30 a.m. PT. Interested parties can access the call via the Calix Investor Relations website or by dialing in. A replay will be available afterward. Calix's cloud and software platforms empower service providers to innovate and enhance customer experiences, driving growth and value.

Calix, Inc. (NYSE: CALX) announced the resignation of board members Kevin DeNuccio and J. Daniel Plants, effective May 12, 2022. DeNuccio has been on the board since 2012, while Plants joined in 2018. Both members have significantly contributed to the company's transformation into a software and services provider. Their departures will reduce the board size from ten to nine members, with a search underway for replacements. The move reflects Calix's ongoing evolution and adaptation in the tech landscape.

Calix Support Cloud has been awarded TMC’s CUSTOMER Product of the Year for 2022, recognized for enhancing customer support for broadband service providers (BSPs). This innovative platform reduces truck rolls by 50%, lowers customer call times by 80%, and improves first call resolution rates by 83%. With over $1 billion invested, Support Cloud offers predictive analytics for effective troubleshooting. Companies like Dobson Fiber and Silver Star Communications report significant operational cost savings and increased subscriber satisfaction due to the platform's capabilities.

Calix (NYSE: CALX) announced a significant milestone, completing over one million broadband performance speed tests in a single month through its Broadband Performance Testing Solution. This comprehensive service enables broadband service providers to meet FCC requirements efficiently. With federal funding for broadband projects expected to reach $50.1 billion in 2022, over 50% of recipients utilize Calix's services to ensure compliance. The solution includes the award-winning Calix Support Cloud and GigaSpire systems, streamlining testing and enhancing customer experience.