Calix lowers Q3 2024 earnings guidance to $0.05-0.11 EPS, $198-204M revenue, below consensus estimates.
Communications equipment provider Calix lowered its Q3 2024 earnings guidance, predicting EPS of $0.05-0.11 and revenue of $198-204 million, both lower than consensus estimates. The stock traded up to $37.39 during midday trading on Monday, with a market cap of $2.45 billion, a P/E ratio of 117.32, and a beta of 1.76. Calix reported Q2 earnings of $0.02 EPS, topping the consensus estimate by $0.01.
July 22, 2024
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