Calix Networks Stock Price, News & Analysis

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Calix (NYSE: CALX) announces that Chariton Valley Telephone Corporation anticipates doubling its customer connections by offering ProtectIQ home network security at no cost. The rollout is part of Calix's Revenue EDGE platform. Chariton Valley's recent efforts led to blocking over 48,000 digital threats in two months. Additionally, they are investing $42 million in a fiber-to-the-home buildout. Their innovative strategies have strengthened customer loyalty and positioned them competitively against larger companies.

Calix, Inc. (NYSE:CALX) will publish its second quarter 2022 stockholder letter on July 25, 2022, post-market close. This letter will detail the company's performance for the period ending July 2, 2022. A conference call is scheduled for July 26, 2022, at 5:30 a.m. Pacific Time to discuss these results. Interested parties can join the call via a live webcast or through a teleconference. The results will be available on the Calix Investor Relations website, where a replay will also be posted following the call.

Calix, Inc. (NYSE: CALX) announced significant energy savings achieved by AcenTek, its broadband service provider partner. AcenTek reduced network power consumption by 73% and home Wi-Fi energy usage by 50% through the deployment of Calix's Intelligent Access EDGE and Revenue EDGE platforms. By transitioning from copper to fiber-to-the-home, AcenTek streamlined operations, eliminating outdated systems and enhancing efficiency. This collaboration highlights Calix's commitment to sustainability and innovation in rural broadband services.

Calix announced that its ProtectIQ home network cybersecurity platform, part of the Revenue EDGE Suites, won the 2022 Global InfoSec Award for top security solutions. ProtectIQ enables broadband service providers (BSPs) to block digital threats effectively, with a reported 210% subscriber increase in 2022. As cybersecurity concerns rise, ProtectIQ is helping BSPs enhance customer retention and differentiate services. Notable examples include ALLO, which improved customer lifetime value by 53%, and MEC, which grew revenue by 13%. ProtectIQ's integration reinforces the value of BSPs in securing home networks.

Calix has enabled Ontario & Trumansburg Telephone Companies (OTTC) to achieve 25% annual revenue growth through its Revenue EDGE platform. This growth is driven by advanced security services like ProtectIQ and the upcoming launch of Arlo Secure cameras, tailored for seasonal subscribers. OTTC's proactive strategy increases customer engagement by leveraging custom apps and analytics to meet unique subscriber needs. In May alone, ProtectIQ blocked over 5,000 threats, reflecting a significant uptick in cybersecurity service uptake.

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Calix Operations Cloud has been awarded 2022 Cloud Computing Product of the Year by Cloud Computing magazine, recognized for its innovative capabilities in reducing operational expenses (OPEX) for broadband service providers (BSPs). This platform offers machine learning insights, predictive intelligence, and workflow automation across subscriber networks. Since its launch in August 2021, Operations Cloud has processed over two million alarms monthly, enabling operators to streamline processes, minimize human error, and enhance subscriber satisfaction.

Calix (NYSE: CALX) announced that ALLO Communications has successfully implemented its Revenue EDGE platform, enhancing home network cybersecurity for all its subscribers. This initiative has led to a remarkable 53% increase in average subscriber tenure and customer lifetime value. ALLO effectively blocked over 19,000 digital threats last month, reinforcing its commitment to community safety amid rising cybercrime. The company's use of the ALLOIQ app has driven a 41% increase in subscribers engaging with its services, showcasing the importance of cybersecurity in today’s digital landscape.