Calix Networks Stock Price, News & Analysis

Calix (NYSE: CALX) announced the launch of Arlo Secure, a premium service for broadband service providers (BSPs) via its EDGE Suites portfolio. This new offering allows BSPs to provide a fully managed, revenue-generating connected camera solution from Arlo Technologies (NYSE: ARLO). With seamless integration through the Calix Cloud, BSPs can quickly onboard subscribers and enhance customer engagement, aiming to increase average revenue per user (ARPU). This service is set to enhance consumer security and leverage behavioral insights for targeted marketing. The service becomes available on August 20, 2021.

Calix, Inc. (NYSE: CALX) has launched an integration of its Calix Marketing Cloud with Facebook to enhance marketing for broadband service providers (BSPs). This feature allows BSPs to automate workflows, simplify subscriber acquisition, and assess marketing ROI in real time. The integration, available from August 20, 2021, enables targeted campaigns through behavioral data analysis, increasing marketing efficiency and subscriber engagement. The launch supports Calix's commitment to providing effective solutions for enhancing marketing operations.

Calix (NYSE: CALX) reports that its partner Northern Lights Fiber is rapidly signing up managed Wi-Fi subscribers in rural Alberta, leveraging the Revenue EDGE and Intelligent Access EDGE solutions. Residents are embracing advanced features like ExperienceIQ and ProtectIQ, boosting average revenue per user (ARPU) projections by 25%. Northern Lights Fiber aims to deploy 10 Gigabit speeds in Valleyview this summer, positioning itself as Canada's fastest residential internet provider. Additionally, a 40% take rate for the Experience package highlights strong demand for additional services.

Calix, Inc. (NYSE: CALX) has announced its participation in several virtual investor conferences in Q3 2021. Key events include the Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 and September 1, the 14th Annual Barrington Research Virtual Fall Investment Conference on September 9, and the Jefferies Virtual Software Conference on September 14 and 15. Further details can be found on their investor relations page.

Calix works to empower broadband service providers with innovative cloud and software platforms to enhance subscriber experiences.

Calix announced its Deployment Enablement Services are assisting Firefly Fiber Broadband in streamlining fiber broadband installations across central Virginia. By leveraging these services, Firefly reduced operational expenses (OPEX) and installation inspection times by over a workday per week. The number of repeat truck rolls diminished by 80%, enhancing subscriber satisfaction. Firefly aims to serve 15,000 subscribers by year-end 2021, building on a solid foundation established since 2017. This collaborative effort is set to fulfill the cooperative's goal of a complete fiber network by 2022.

Calix, Inc. (NYSE: CALX) released its unaudited financial results for Q2 2021, now available on its investor relations website. Key figures and metrics are included in a letter to stockholders. The company will hold a conference call on July 27, 2021, at 5:30 a.m. PT (8:30 a.m. ET) with executive members to discuss these results. Interested parties can participate via webcast or teleconference. The replay of the call will be accessible on their website post-event.

Calix (NYSE: CALX) has announced a significant leadership transition, elevating Carl Russo from CEO to Chairman of the Board, a role he will now hold alongside his CEO position. Don Listwin, the former Chairman, has been appointed as the lead independent director. This strategic move aims to align leadership as Calix continues its transformation into a software platform and services provider. Russo has been CEO since 2002, and Listwin has led the Board since 2007. The Board feels this change will enhance execution of the company’s vision and strategies.

Calix announced significant progress by SCTelcom in transforming its business with the Revenue EDGE solution. SCTelcom achieved a 200% increase in adoption of its premium managed Wi-Fi package over seven months and a 95% take rate for ProtectIQ, enhancing cybersecurity for customers. The rollout of integrated services led to a 20% increase in managed Wi-Fi adoption. SCTelcom improved operational efficiency, reducing support calls by 30% through real-time data insights. SCTelcom continues leveraging Calix's platforms to enhance customer experiences and generate new revenue streams.

Calix has earned two new Comparably awards, recognizing it as having the Best Leadership Teams and for its Best CEOs for Diversity. CEO Carl Russo received a high employee rating of 95/100, contributing to Calix's top 5% ranking in diversity among similar-sized U.S. firms. The company also achieved an A+ culture rating of 4.9/5 stars from employees and ranks 26th for Best Company Outlook among large firms. Calix has grown its workforce by nearly 20% in the past year, emphasizing a culture of collaboration and diversity.