Calix Sees Q4 Non-GAAP EPS $0.33-$0.39 vs $0.35 Est., Revenue $261M-$267M vs $265.68M Est.
Portfolio Pulse from Benzinga Newsdesk
Calix has provided its Q4 guidance with Non-GAAP EPS expected to be between $0.33 and $0.39, compared to the estimated $0.35. The company also expects its revenue to be between $261M and $267M, against the estimated $265.68M.
October 23, 2023 | 8:08 pm
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POSITIVE IMPACT
Calix's Q4 guidance is in line with estimates, with a potential for higher earnings and revenue. This could have a positive impact on the company's stock.
Calix's Q4 guidance is in line with the market estimates, and there is a potential for the actual figures to be higher than the estimates. This indicates a strong financial performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100