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Calix Inc (NYSE:CALX) shares have reached a new 52-week high, touching $45.62 as the company continues to ride a wave of strong performance. This latest peak represents a significant milestone for the telecommunications software provider, reflecting a bullish sentiment among investors. According to InvestingPro data, the company has demonstrated impressive momentum with a 40.4% return over the past six months, while maintaining a healthy balance sheet with more cash than debt. Over the past year, Calix has seen its stock value surge, with a remarkable 1-year change of 45.2%. This impressive growth trajectory underscores the company’s successful strategies and the increasing demand for its network access solutions, which have been pivotal in driving the stock to its current heights. As Calix continues to innovate and expand its market reach, stakeholders are closely monitoring whether the stock will maintain its upward trend or face resistance at this new level. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with six analysts recently revising their earnings expectations upward. Discover more insights and 12 additional ProTips for CALX in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Calix Inc. reported its Q1 2025 earnings, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $0.19, exceeding the projected $0.13, and reported revenue of $220.24 million, which was above the expected $207.3 million. Calix also set a company record with a non-GAAP gross margin of 56.2% and added 16 new Broadband Service Provider customers. Additionally, the company expanded its product offerings with the introduction of the SmartBiz and Smart MDU platforms.
In a strategic move, Calix has partnered with Ozmo to enhance broadband support services. This collaboration aims to integrate Calix’s Broadband Platform with Ozmo’s support technology, improving customer service experiences and reducing resolution times. The partnership is designed to equip broadband service providers with tools to deliver efficient support, ultimately increasing customer satisfaction.
Calix is projecting Q2 2025 revenue between $221 million and $227 million, anticipating growth in both residential and business segments. The company is confident in its growth projections, independent of potential BEAD funding. Analyst firms have shown interest in Calix’s performance, with Needham and Company engaging in discussions about the company’s macro spending environment and customer demand forecasts.
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