Calix says gross margin will increase each quarter in 2025

The company said, “Last year, we had inventory and component liability charges of 1,080 basis points primarily related to the wind down of our legacy product set. The remaining increase relates to mix as our appliance revenue declined year over year while our platform, cloud and managed services grew. We expect that gross margin will continue to increase each quarter; however, the amount of increase may vary from quarter to quarter.”