Calix, Inc. (CALX) Misses Q2 EPS by 15c, Lowerss FY 2017 EPS Guidance

Calix, Inc. (NYSE: CALX) reported Q2 EPS of ($0.30), $0.15 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $126.1 million versus the consensus estimate of $123.7 million.

GUIDANCE:

Calix, Inc. sees Q3 2017 EPS of ($0.27)-($0.21), versus the consensus of $0.13. Calix, Inc. sees Q3 2017 revenue of $126-130 million, versus the consensus of $134.6 million.

(emphasis Street Insider) The Company is reiterating its prior guidance for full year 2017 revenue guidance projecting revenue growth of 10% or more relative to 2016. Full-year 2017 Non-GAAP earnings guidance is revised, and the Company now expects to report lower 2017 Non-GAAP earnings relative to 2016.

For earnings history and earnings-related data on Calix, Inc. (CALX) click here.

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