05:54 PM EST, 01/29/2025 (MT Newswires) -- Calix (CALX) reported Q4 non-GAAP net income late Wednesday of $0.08 per diluted share, down from $0.43 a year earlier.

Analysts polled by FactSet expected $0.07.

Revenue for the quarter ended Dec. 31 fell to $206.1 million from $264.7 million a year earlier.

Analysts surveyed by FactSet expected $203.9 million.

For Q1, the company expects non-GAAP EPS of $0.10 to $0.16 on revenue of $204 million to $210 million.

The consensus is for $0.11 and $205.5 million, respectively.

Company shares were up 11% in after-hours activity.