Calix Q2 Sales $261.02M Beat $257.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Calix (NYSE:CALX) reported Q2 sales of $250.00 million, missing the analyst consensus estimate of $257.11 million by 2.76 percent. However, this is a 23.74 percent increase over sales of $202.04 million the same period last year.
July 19, 2023 | 8:19 pm
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NEUTRAL IMPACT
Calix's Q2 sales missed the analyst consensus, which could negatively impact the stock price. However, the YoY increase in sales might mitigate this impact.
Calix's Q2 sales missed the analyst consensus, which could lead to a negative sentiment among investors and a potential drop in the stock price. However, the significant YoY increase in sales indicates strong growth, which might offset the negative impact of missing estimates.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100