Calix appoints Amritesh Chaudhuri as new chief marketing officer

LONDON/SAN JOSE - Broadband platform provider Calix, Inc. (NYSE:CALX), a company with a market capitalization of $3.8 billion and strong financial health indicators according to InvestingPro, has appointed Amritesh "Amrit" Chaudhuri as executive vice president and chief marketing officer, according to a press release issued Thursday.

Chaudhuri, who brings more than 20 years of leadership experience across marketing, product, sales, and revenue operations, will lead Calix’s entire go-to-market organization. He succeeds J. Matthew Collins, who led the company’s commercial operations until his passing in May 2025. The company maintains a strong balance sheet with more cash than debt and excellent liquidity, as revealed by InvestingPro analysis.

The appointment comes as Calix prepares to launch the third generation of its Broadband Platform, which builds on a $2 billion investment spanning 13 years. Trading near its 52-week high of $59.30 with a strong year-to-date return of 69%, the company’s new platform will feature an evolved AI architecture designed to help broadband service providers transform their operations.

"Amrit brings the ideal combination of end-to-end go-to-market leadership, a customer-first mindset, and a track record of transforming teams," said Michael Weening, president and chief executive officer at Calix.

Prior to joining Calix, Chaudhuri held executive positions at Oracle, RingCentral, and 8x8, where he focused on building integrated go-to-market strategies and launching AI-powered solutions.

"I’m thrilled to join Calix at a pivotal time when its $2 billion investment over 13 years has brought the company to an unprecedented opportunity with agentic AI," said Chaudhuri.

The third-generation Calix Broadband Platform is expected to be introduced at the company’s ConneXions 2025 event, though specific dates were not mentioned in the announcement. With six analysts recently revising their earnings estimates upward and expectations of profitability this year, investors can access detailed analysis and 14 additional key insights through InvestingPro’s comprehensive research reports.

In other recent news, Calix Inc. reported impressive financial results for the second quarter of 2025. The company achieved earnings per share (EPS) of $0.33, significantly surpassing the analyst forecast of $0.21, which represents a 57.14% surprise. Additionally, Calix’s revenue reached $241.9 million, exceeding the projected $223.77 million. These results reflect the company’s strong performance and have caught the attention of investors. In light of these developments, Needham has raised its price target on Calix to $70 from the previous $60, while maintaining a Buy rating. The research firm pointed to Calix’s robust second-quarter remaining performance obligations, which grew 30% year-over-year, as a positive indicator. These recent developments highlight the company’s continued strength and positive outlook.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.