CALX Q4 Earnings Miss on Revenue Beat

SAN JOSE, Calif. - Calix Inc. (CALX) reported a fourth-quarter loss of $17.9 million, mirroring analysts' estimates. On a per-share basis, the loss came in at 27 cents.

Excluding expenses, earnings were 8 cents per share, matching market expectations. Revenue reached $206.1 million, exceeding the $203.8 million consensus.

For the full year, Calix reported a loss of $29.7 million ($0.45 per share) on revenue of $831.5 million.

Outlook:

For the current quarter, Calix projects earnings per share of 10-16 cents and revenue of $204-$210 million.

Stock Performance:

Calix shares have gained nearly 6% this year but have lost 17% in the past 12 months. At Wednesday's close, the stock was trading at $36.87.