Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Calix price target raised to $88 from $83 at Loop Capital » 09:05
01/27/23
01/27
09:05
01/27/23
09:05
CALX

Calix

$56.54 /

-1.49 (-2.57%)

Loop Capital analyst…

Loop Capital analyst Fahad Najam raised the firm's price target on Calix to $88 from $83 and keeps a Buy rating on the shares after its Q4 earnings beat. The analyst recommends for investors to be "aggressive buyers" of the stock as its new disclosures highlight a significant revenue growth opportunity ahead from Cloud and managed services, with the company already demonstrating strong attach rates to its Edge Platform sales. The improving supply chain and the looming Federal Stimulus funding for broadband will add more fuel to the Calix growth engine, the firm tells investors in a research note.

ShowHide Related Items >><<
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

01/27/23 Northland
Calix price target lowered to $80 from $85 at Northland
01/27/23 Cowen
Calix price target lowered to $78 from $90 at Cowen
01/26/23 Cowen
Calix results undercut recent margin concerns, says Cowen
01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

Recommendations
Calix price target lowered to $80 from $85 at Northland » 08:44
01/27/23
01/27
08:44
01/27/23
08:44
CALX

Calix

$56.54 /

-1.49 (-2.57%)

Northland analyst Tim…

Northland analyst Tim Savageaux lowered the firm's price target on Calix to $80 from $85 and keeps an Outperform rating on the shares after making a "slight reduction" to its calendar 2023 estimates following the company's better than expected Q4 report. The firm views its unchanged 2023 revenue forecast at the high end of a 10%-15% growth range as "conservative," but said earnings power, however, has "remained muted" and it cut its 2023 EPS estimate to $1.17 from a recently-increased $1.25.

ShowHide Related Items >><<
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

01/27/23 Cowen
Calix price target lowered to $78 from $90 at Cowen
01/26/23 Cowen
Calix results undercut recent margin concerns, says Cowen
01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

Recommendations
Calix price target lowered to $78 from $90 at Cowen » 07:28
01/27/23
01/27
07:28
01/27/23
07:28
CALX

Calix

$56.54 /

-1.49 (-2.57%)

Cowen analyst Paul…

Cowen analyst Paul Silverstein lowered the firm's price target on Calix to $78 from $90 and keeps an Outperform rating on the shares. The analyst said its upward margin trajectory appears back on track and revenue growth remains impressive. While we have moderated our outlier Street high estimates, our view remains unchanged as to growth and EPS far exceeding investor expectations.

ShowHide Related Items >><<
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

01/26/23 Cowen
Calix results undercut recent margin concerns, says Cowen
01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

CALX Calix
$56.54 /

-1.49 (-2.57%)

Earnings
Calix sees 2023 sales growth at top-end of 10%-15% range » 09:11
01/26/23
01/26
09:11
01/26/23
09:11
CALX

Calix

$57.95 /

-0.38 (-0.65%)

Calix on its earnings…

Calix on its earnings call said it expects 2023 revenue growth to be at the top-end of the 10%-15% target range.

ShowHide Related Items >><<
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

01/26/23 Cowen
Calix results undercut recent margin concerns, says Cowen
01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

Recommendations
Calix results undercut recent margin concerns, says Cowen » 07:29
01/26/23
01/26
07:29
01/26/23
07:29
CALX

Calix

/

+

Cowen analyst Paul…

Cowen analyst Paul Silverstein says Calix's "strong" Q4 results undercut recent investor concerns, especially over margins. The company's upward margin trajectory appears back on track and its revenue growth remains impressive, the analyst tells investors in a research note. The firm says Calix remains its best Smidcap idea with an Outperform rating.

ShowHide Related Items >><<
CALX Calix
/

+

CALX Calix
/

+

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
CALX Calix
/

+

CALX Calix
/

+

CALX Calix
/

+

On The Fly
Fly Intel: After-Hours Movers » 17:22
01/25/23
01/25
17:22
01/25/23
17:22
STX

Seagate

$62.26 /

+0.02 (+0.03%)

, LEVI

Levi Strauss

$16.51 /

-0.23 (-1.37%)

, HXL

Hexcel

$62.22 /

-0.01 (-0.02%)

, URI

United Rentals

$392.11 /

-1.67 (-0.42%)

, LVS

Las Vegas Sands

$55.04 /

-0.44 (-0.79%)

, CALX

Calix

$57.95 /

-0.38 (-0.65%)

, AXSM

Axsome Therapeutics

$74.03 /

+3.315 (+4.69%)

, TSLA

Tesla

$144.54 /

+0.54 (+0.38%)

, CVX

Chevron

$179.05 /

-1.82 (-1.01%)

, AZPN

Aspen Technology

$194.05 /

-7.505 (-3.72%)

, WOLF

Wolfspeed

$81.98 /

+0.385 (+0.47%)

, SNX

TD Synnex

$107.95 /

-0.92 (-0.85%)

, TER

Teradyne

$103.42 /

+0.39 (+0.38%)

, NOW

ServiceNow

$448.50 /

+5.06 (+1.14%)

, LC

LendingClub

$10.35 /

+0.12 (+1.17%)

, LRCX

Lam Research

$488.97 /

+1.91 (+0.39%)

, BOOT

Boot Barn

$74.33 /

+0.96 (+1.31%)

, IBM

IBM

$140.73 /

-0.87 (-0.61%)

, OCUP

Ocuphire Pharma

$3.75 /

+0.06 (+1.63%)

, PLUG

Plug Power

$16.32 /

-0.41 (-2.45%)

Check out this evening's…

ShowHide Related Items >><<
WOLF Wolfspeed
$81.98 /

+0.385 (+0.47%)

URI United Rentals
$392.11 /

-1.67 (-0.42%)

TSLA Tesla
$144.54 /

+0.54 (+0.38%)

TER Teradyne
$103.42 /

+0.39 (+0.38%)

STX Seagate
$62.26 /

+0.02 (+0.03%)

SNX TD Synnex
$107.95 /

-0.92 (-0.85%)

PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

OCUP Ocuphire Pharma
$3.75 /

+0.06 (+1.63%)

NOW ServiceNow
$448.50 /

+5.06 (+1.14%)

LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

LEVI Levi Strauss
$16.51 /

-0.23 (-1.37%)

LC LendingClub
$10.35 /

+0.12 (+1.17%)

IBM IBM
$140.73 /

-0.87 (-0.61%)

HXL Hexcel
$62.22 /

-0.01 (-0.02%)

CVX Chevron
$179.05 /

-1.82 (-1.01%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

BOOT Boot Barn
$74.33 /

+0.96 (+1.31%)

AZPN Aspen Technology
$194.05 /

-7.505 (-3.72%)

AXSM Axsome Therapeutics
$74.03 /

+3.315 (+4.69%)

STX Seagate
$62.26 /

+0.02 (+0.03%)

01/24/23 Credit Suisse
Seagate price target raised to $65 from $60 at Credit Suisse
01/23/23 Barclays
Seagate upgraded to Overweight from Equal Weight at Barclays
01/18/23 Morgan Stanley
Morgan Stanley upgrades early cycle beneficiary Seagate to Overweight
01/18/23 Morgan Stanley
Seagate upgraded to Overweight from Equal Weight at Morgan Stanley
LEVI Levi Strauss
$16.51 /

-0.23 (-1.37%)

01/23/23 JPMorgan
JPMorgan downgrades Levi Strauss on 'mixed' denim trends
01/23/23 JPMorgan
Levi Strauss downgraded to Neutral from Overweight at JPMorgan
01/18/23 BofA
Levi Strauss downgraded to Neutral from Buy at BofA
01/11/23 Citi
Levi Strauss downgraded to Neutral from Buy at Citi
HXL Hexcel
$62.22 /

-0.01 (-0.02%)

01/09/23 Truist
Hexcel price target raised to $53 from $52 at Truist
11/01/22 BMO Capital
Hexcel price target lowered to $61 from $66 at BMO Capital
10/12/22 Truist
Truist downgrades Hexcel on 'decidedly more cautious' aerospace stance
10/12/22 Truist
Hexcel downgraded to Hold from Buy at Truist
URI United Rentals
$392.11 /

-1.67 (-0.42%)

01/23/23 Citi
Citi opens '30-day positive catalyst watch' on United Rentals
01/10/23 Wells Fargo
United Rentals price target raised to $440 from $435 at Wells Fargo
12/19/22 Stifel
United Rentals price target raised to $450 from $425 at Stifel
12/16/22 OTR Global
United Rentals view upgraded to Positive from Mixed at OTR Global
LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

01/24/23 Barclays
Las Vegas Sands price target raised to $58 from $57 at Barclays
01/04/23 BofA
Las Vegas Sands price target raised to $52 from $46 at BofA
01/03/23 Wells Fargo
Las Vegas Sands price target raised to $53 from $45 at Wells Fargo
12/27/22 UBS
Macau GGR could be lifted 'significantly' from early 2023, says UBS
CALX Calix
$57.95 /

-0.38 (-0.65%)

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
AXSM Axsome Therapeutics
$74.03 /

+3.315 (+4.69%)

01/05/23 Piper Sandler
Axsome Therapeutics initiated with a Neutral at Piper Sandler
01/03/23 BTIG
Axsome Therapeutics named Top Pick for first half of 2023 at BTIG
12/23/22 BTIG
Axsome Therapeutics price target raised to $98 from $62 at BTIG
11/29/22 Morgan Stanley
Axsome Therapeutics price target raised to $86 from $73 at Morgan Stanley
TSLA Tesla
$144.54 /

+0.54 (+0.38%)

01/25/23 Morgan Stanley
QuantumScape price target lowered to $3 from $4 at Morgan Stanley
01/25/23 Morgan Stanley
Lucid Group price target lowered to $5 from $10 at Morgan Stanley
01/25/23 Morgan Stanley
Tesla price target lowered to $220, named 'Top Pick' at Morgan Stanley
01/25/23 JPMorgan
Tesla price target lowered to $120 from $125 at JPMorgan
CVX Chevron
$179.05 /

-1.82 (-1.01%)

01/17/23 Scotiabank
ConocoPhillips downgraded to Sector Perform from Outperform at Scotiabank
01/09/23 Mizuho
Chevron assumed with a Neutral from Buy at Mizuho
01/06/23 BofA
Chevron downgraded to Neutral at BofA, Exxon Mobil named top major idea
01/06/23 BofA
Chevron downgraded to Neutral from Buy at BofA
AZPN Aspen Technology
$194.05 /

-7.505 (-3.72%)

01/18/23 Baird
Aspen Technology price target lowered to $224 from $242 at Baird
01/11/23 Berenberg
Aspen Technology initiated with a Hold at Berenberg
10/27/22 KeyBanc
Aspen Technology price target raised to $280 from $270 at KeyBanc
10/20/22 KeyBanc
Aspen Technology price target raised to $270 from $227 at KeyBanc
WOLF Wolfspeed
$81.98 /

+0.385 (+0.47%)

01/20/23 Craig-Hallum
Aehr Test Systems price target raised to $45 from $31 at Craig-Hallum
01/11/23 Deutsche Bank
Wolfspeed price target lowered to $80 from $90 at Deutsche Bank
12/20/22 JPMorgan
Wolfspeed price target lowered to $106 from $125 at JPMorgan
12/16/22 Citi
Citi opens 'positive Catalyst Watch' on Wolfspeed after SiC agreement
SNX TD Synnex
$107.95 /

-0.92 (-0.85%)

01/11/23 Barrington
TD Synnex price target raised to $130 from $98 at Barrington
01/11/23 Credit Suisse
TD Synnex price target raised to $109 from $103 at Credit Suisse
12/21/22 Citi
Citi reveals top IT hardware stock picks for 2023
10/12/22 Raymond James
TD Synnex added to Analyst Current Favorites list at Raymond James
TER Teradyne
$103.42 /

+0.39 (+0.38%)

01/13/23 Jefferies
Teradyne initiated with a Buy at Jefferies on above-consensus estimates
01/12/23 Jefferies
Teradyne initiated with a Buy at Jefferies
10/27/22 DA Davidson
Teradyne price target lowered to $105 from $120 at DA Davidson
10/27/22 Craig-Hallum
Craig-Hallum upgrades Teradyne to Buy with $120 price target
NOW ServiceNow
$448.50 /

+5.06 (+1.14%)

01/23/23 RBC Capital
ServiceNow set for slight upside with Q4 results, sayd RBC Capital
01/23/23 Deutsche Bank
ServiceNow price target lowered to $525 from $625 at Deutsche Bank
01/19/23 Citi
ServiceNow price target lowered to $508 from $515 at Citi
01/12/23 Wolfe Research
ServiceNow price target raised to $500 from $440 at Wolfe Research
LC LendingClub
$10.35 /

+0.12 (+1.17%)

10/31/22 Maxim
LendingClub price target lowered to $20 from $40 at Maxim
10/27/22 Wedbush
LendingClub price target lowered to $15 from $20 at Wedbush
07/08/22 Keefe Bruyette
SoFi, LendingClub could be weak on Upstart miss, says Keefe Bruyette
02/07/22 Wedbush
LendingClub price target lowered to $30 from $35 at Wedbush
LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

01/23/23 B. Riley
Lam Research price target raised to $440 from $390 at B. Riley
01/23/23 Barclays
Lam Research price target raised to $475 from $300 at Barclays
01/17/23 Stifel
Lam Research resumed with a Hold at Stifel
01/17/23 Mizuho
Applied Materials price target raised to $132 from $115 at Mizuho
BOOT Boot Barn
$74.33 /

+0.96 (+1.31%)

01/19/23 UBS
Boot Barn price target raised to $75 from $69 at UBS
01/06/23 BofA
Boot Barn initiated with a Buy, $85 price target at BofA
01/06/23 BofA
Boot Barn initiated with a Buy at BofA
01/04/23 Citi
Citi ups Boot Barn target, expects positive preannouncement
IBM IBM
$140.73 /

-0.87 (-0.61%)

01/23/23 Stifel
IBM price target raised to $158 from $140 at Stifel
01/19/23 MoffettNathanson
IBM upgraded to Market Perform from Underperform at MoffettNathanson
01/18/23 Morgan Stanley
IBM downgraded to Equal Weight at Morgan Stanley amid shift away from defense
01/18/23 Morgan Stanley
IBM downgraded to Equal Weight from Overweight at Morgan Stanley
OCUP Ocuphire Pharma
$3.75 /

+0.06 (+1.63%)

11/09/22 Alliance Global Partners
Ocuphire partnership with FamyGen 'significant positive,' says Alliance Global
11/09/22 Canaccord
Ocuphire Pharma price target lowered to $22 from $29 at Canaccord
05/19/22 Alliance Global Partners
Alliance Global Partners says Ocuphire's Nyxol trial run 'remarkable'
PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

12/15/22 RBC Capital
Plug Power, Nikola partnership 'not a total surprise,' says RBC Capital
12/15/22 Citi
Plug Power price target raised to $21 from $20 at Citi
12/13/22 UBS
Plug Power initiated with a Buy at UBS
11/10/22 Truist
Plug Power price target lowered to $18 from $32 at Truist
WOLF Wolfspeed
$81.98 /

+0.385 (+0.47%)

URI United Rentals
$392.11 /

-1.67 (-0.42%)

TSLA Tesla
$144.54 /

+0.54 (+0.38%)

TER Teradyne
$103.42 /

+0.39 (+0.38%)

STX Seagate
$62.26 /

+0.02 (+0.03%)

SNX TD Synnex
$107.95 /

-0.92 (-0.85%)

PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

OCUP Ocuphire Pharma
$3.75 /

+0.06 (+1.63%)

NOW ServiceNow
$448.50 /

+5.06 (+1.14%)

LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

LEVI Levi Strauss
$16.51 /

-0.23 (-1.37%)

LC LendingClub
$10.35 /

+0.12 (+1.17%)

IBM IBM
$140.73 /

-0.87 (-0.61%)

HXL Hexcel
$62.22 /

-0.01 (-0.02%)

CVX Chevron
$179.05 /

-1.82 (-1.01%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

BOOT Boot Barn
$74.33 /

+0.96 (+1.31%)

AZPN Aspen Technology
$194.05 /

-7.505 (-3.72%)

AXSM Axsome Therapeutics
$74.03 /

+3.315 (+4.69%)

  • 26
    Jan
TSLA Tesla
$144.54 /

+0.54 (+0.38%)

PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

IBM IBM
$140.73 /

-0.87 (-0.61%)

CVX Chevron
$179.05 /

-1.82 (-1.01%)

BOOT Boot Barn
$74.33 /

+0.96 (+1.31%)

WOLF Wolfspeed
$81.98 /

+0.385 (+0.47%)

URI United Rentals
$392.11 /

-1.67 (-0.42%)

TSLA Tesla
$144.54 /

+0.54 (+0.38%)

TER Teradyne
$103.42 /

+0.39 (+0.38%)

STX Seagate
$62.26 /

+0.02 (+0.03%)

SNX TD Synnex
$107.95 /

-0.92 (-0.85%)

PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

NOW ServiceNow
$448.50 /

+5.06 (+1.14%)

LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

LEVI Levi Strauss
$16.51 /

-0.23 (-1.37%)

LC LendingClub
$10.35 /

+0.12 (+1.17%)

IBM IBM
$140.73 /

-0.87 (-0.61%)

HXL Hexcel
$62.22 /

-0.01 (-0.02%)

CVX Chevron
$179.05 /

-1.82 (-1.01%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

BOOT Boot Barn
$74.33 /

+0.96 (+1.31%)

AXSM Axsome Therapeutics
$74.03 /

+3.315 (+4.69%)

WOLF Wolfspeed
$81.98 /

+0.385 (+0.47%)

URI United Rentals
$392.11 /

-1.67 (-0.42%)

TSLA Tesla
$144.54 /

+0.54 (+0.38%)

TER Teradyne
$103.42 /

+0.39 (+0.38%)

STX Seagate
$62.26 /

+0.02 (+0.03%)

PLUG Plug Power
$16.32 /

-0.41 (-2.45%)

NOW ServiceNow
$448.50 /

+5.06 (+1.14%)

LVS Las Vegas Sands
$55.04 /

-0.44 (-0.79%)

LRCX Lam Research
$488.97 /

+1.91 (+0.39%)

LEVI Levi Strauss
$16.51 /

-0.23 (-1.37%)

LC LendingClub
$10.35 /

+0.12 (+1.17%)

IBM IBM
$140.73 /

-0.87 (-0.61%)

CVX Chevron
$179.05 /

-1.82 (-1.01%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

AXSM Axsome Therapeutics
$74.03 /

+3.315 (+4.69%)

Hot Stocks
Calix rallies 4% to $60.00 after Q4 results top estimates  16:16
01/25/23
01/25
16:16
01/25/23
16:16
CALX

Calix

$57.95 /

-0.38 (-0.65%)

 
ShowHide Related Items >><<
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

Hot Stocks
Calix says margins continued to move higher after bottoming in Q2 » 16:15
01/25/23
01/25
16:15
01/25/23
16:15
CALX

Calix

$57.95 /

-0.38 (-0.65%)

The company said,…

The company said, "In the fourth quarter of 2022, our gross margin continued to move higher after bottoming in the second quarter of 2022 as our supply chain began to normalize and our platform solutions continued to grow. GAAP gross margin decreased 60 basis points year-over-year to 51.1% primarily as we received a U.S. tariff refund in the year ago period, while non-GAAP gross margin increased 30 basis points to 51.6% reflecting an improving supply chain and was slightly above our guidance range."

ShowHide Related Items >><<
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

CALX Calix
$57.95 /

-0.38 (-0.65%)

Earnings
Calix affirms revenue, gross margin targets » 16:14
01/25/23
01/25
16:14
01/25/23
16:14
CALX

Calix

$57.98 /

-0.35 (-0.60%)

Calix still targets…

Calix still targets 10%-15% annual revenue growth with gross margin expansion of 100-200 basis points per year. The company said, "As we evolve and software grows as a larger percentage of our revenue, we are refining the target model for 2023 - 2025 that was shared during our Investor Day in February 2022. The slight changes include: 1) moving our target non-GAAP sales and marketing expense range to 18% - 20% of revenue from 17% - 19%, 2) modifying the non-GAAP research and development expense metric to 29% of gross profit from 30% of product gross profit as product and services gross profit will be combined going forward, 3) non-GAAP general and administrative expenses to 7% of revenue from 8% as our revenue has grown faster than the target financial model for the past three years and 4) lowering our non-GAAP income tax rate range to 25% - 27% of non-GAAP pretax income from 26% - 28%."

ShowHide Related Items >><<
CALX Calix
$57.98 /

-0.35 (-0.60%)

CALX Calix
$57.98 /

-0.35 (-0.60%)

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
CALX Calix
$57.98 /

-0.35 (-0.60%)

CALX Calix
$57.98 /

-0.35 (-0.60%)

CALX Calix
$57.98 /

-0.35 (-0.60%)

Earnings
Calix sees Q1 EPS 24c-30c, consensus 26c » 16:12
01/25/23
01/25
16:12
01/25/23
16:12
CALX

Calix

$57.96 /

-0.37 (-0.63%)

Sees Q1 revenue…

Sees Q1 revenue $242M-$248M, consensus $240.75M.

ShowHide Related Items >><<
CALX Calix
$57.96 /

-0.37 (-0.63%)

CALX Calix
$57.96 /

-0.37 (-0.63%)

01/12/23 Jefferies
Jefferies says Calix business remains strong, sees 'attractive opportunity'
01/12/23 Needham
Calix selloff brings 'strong buying opportunity,' says Needham
01/02/23 Rosenblatt
Rosenblatt reveals 15 best stock ideas for 2023
12/22/22 Needham
Calix added to 'Conviction List' and named '2023 Top Pick' at Needham
CALX Calix
$57.96 /

-0.37 (-0.63%)

CALX Calix
$57.96 /

-0.37 (-0.63%)

CALX Calix
$57.96 /

-0.37 (-0.63%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.