Calix, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 27, 2021 at 10:09 pm
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Calix, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was USD 170.026 million compared to USD 120.191 million a year ago. Operating income was USD 24.774 million compared to USD 1.494 million a year ago. Net income was USD 24.102 million compared to USD 497,000 a year ago. For the full year, total revenue was USD 541.239 million compared to USD 424.330 million a year ago. Operating income was USD 36.846 million compared to operating loss of USD 15.401 million a year ago. Net income was USD 33.484 million compared to net loss of USD 17.694 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to basic loss per share from continuing operations of USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to diluted loss per share from continuing operations of USD 0.32 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. 
