Calix Inc Announces Q3 Earnings: Software Growth Coexists with Hardware Pressure
CALX Calix Inc
$32.16 +5.10%
View chart & analysis → - 1Calix Inc's Q3 earnings per share of $0.44 exceeded the non-GAAP consensus estimate of $0.42.
- 2Software and services revenue recorded $52 million, a 19% increase year-over-year.
- 3Calix Inc added $100 million to its authorized share repurchase amount.
So what's the key point?
Calix Inc reported higher profits than experts expected. Software revenue increased and the company decided to buy back more of its own shares.
Source Earnings Whispers · View original ↗
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