Calix Q4 2023 Adj EPS $0.43 Beats $0.36 Estimate, Sales $264.73M Beat $264.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Calix, Inc. (NYSE:CALX) reported Q4 2023 earnings of $0.43 per share, surpassing the consensus estimate of $0.36 by 19.44%. Quarterly sales were $264.73M, slightly above the estimate of $264.39M, marking an 8.27% increase from the same period last year.
January 29, 2024 | 9:15 pm
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Calix reported higher-than-expected Q4 earnings and sales, indicating strong performance and potential investor confidence.
Calix's earnings beat is likely to instill confidence in investors, potentially leading to a short-term uptick in the stock price. Earnings beats are often seen as a sign of a company's strong performance and can lead to positive market reactions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100