The earnings call reflected a strong performance by Calix in Q1 2025 with significant revenue growth and record gross margins. The company continues to innovate and expand its customer base. However, challenges related to a dynamic environment and potential costs from tariffs were noted. The positive achievements seem to outweigh the challenges.
Company Guidance
During the Calix First Quarter 2025 Earnings Conference Call, the company provided guidance for the upcoming quarter and the fiscal year. Calix reported strong first-quarter revenue of $220 million, marking a 7% sequential growth, and projected second-quarter revenue to be between $224 million and $227 million, representing a 2% sequential increase. The company's non-GAAP gross margin reached a record 56.2%, with expectations for continued margin improvement by 100 to 200 basis points for the full year. Calix also highlighted strong RPOs, which grew 4% sequentially to $340 million and 39% year-over-year, driven by their platform, cloud, and managed services model. The company maintained a positive outlook for 2025, anticipating ongoing demand growth due to inelastic broadband needs, while also planning to hold operating expenses flat to slightly up compared to 2024. Additionally, the Board approved a $100 million increase in the stock repurchase program, reflecting confidence in the company's free cash flow generation and growth prospects.
Strong Q1 Revenue Growth
Calix reported Q1 2025 revenue of $220 million, representing a 7% sequential quarterly revenue growth.
Record Non-GAAP Gross Margin
The company achieved a record non-GAAP gross margin of 56.2% in Q1 2025.
RPO Growth
RPOs grew 4% sequentially to $340 million and increased 39% year-over-year.
Strong Cash Flow and Share Repurchase
Calix generated double-digit free cash flow for the eighth consecutive quarter and ended with $282 million in cash and investments after $40 million in share repurchases.
Expanded Customer Segments
The launch of SmartMDU in February added a new segment, Multi-Dwelling Units, to Calix's offerings.
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Calix (CALX) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CALX Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 21, 2025
$33.25
$37.61
+13.11%
Jan 29, 2025
$36.87
$40.18
+8.98%
Oct 28, 2024
$39.47
$37.74
-4.38%
Jul 22, 2024
$37.39
$35.04
-6.29%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Calix Inc (CALX) report earnings?
Calix Inc (CALX) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Calix Inc (CALX) earnings time?
Calix Inc (CALX) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.