Calix, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 28, 2020 at 10:13 pm
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Calix, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 120.191 million compared to USD 115.516 million a year ago. Operating income was USD 1.494 million compared to operating loss of USD 5.155 million a year ago. Net income was USD 497,000 compared to net loss of USD 5.578 million a year ago. Basic earnings per share was USD 0.01 compared to basic loss per share of USD 0.1 a year ago.
For the full year, total revenue was USD 424.330 million compared to USD 441.320 million a year ago. Operating loss was USD 15.401 million compared to USD 18.514 million a year ago. Net loss was USD 17.694 million compared to USD 19.298 million a year ago. Basic loss per share was USD 0.32 compared to USD 0.37 a year ago.
Calix, Inc. is a global provider of a platform (cloud, software and systems) and managed services that focus on the subscriber-facing network, the portion of the network that governs available bandwidth and determines the range and quality of services that can be offered to subscribers. This platform and managed services enable broadband service providers (BSPs) of all sizes to innovate and transform their businesses. The Company's platform, which includes Calix Cloud, Calix Revenue EDGE and Calix Intelligent Access EDGE, gathers, analyzes, and applies machine learning to deliver real-time insights to each key business function. Calix Cloud comes in three role-base editions: Calix Marketing Cloud, Calix Support Cloud and Calix Operations Cloud. Calix Revenue EDGE offers premises solution for subscriber managed services. Calix Intelligent Access EDGE provides an access network solution for automated, intelligent networks.
CALIX, INC. 
