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Calix Fiscal Q2 Non-GAAP Earnings, Revenue Fall, Q3 Outlook Issued -- Share Down After Hours
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Calix Fiscal Q2 Non-GAAP Earnings, Revenue Fall, Q3 Outlook Issued -- Share Down After Hours
Jul 22, 2024 2:37 PM

05:26 PM EDT, 07/22/2024 (MT Newswires) -- Calix (CALX) reported a fiscal Q2 non-GAAP earnings late Monday of $0.09 per diluted share, down from $0.36 a year earlier.

Analysts polled by Capital IQ expected $0.06.

Revenue for the quarter ended June 29 was $198.1 million, down from $261 million a year earlier.

Analysts surveyed by Capital IQ expected $200.8 million.

The company expects Q3 non-GAAP diluted EPS between $0.05 and $0.11 and revenue between $198 million and $204 million.

Analysts polled by Capital IQ expect $0.12 and $208.1 million.

The company's shares were falling past 4% in recent after-hours trading.

Price: 35.75, Change: -1.64, Percent Change: -4.39

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