Calix (NYSE:CALX) reported its Q3 earnings results on Monday, October 25, 2021 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Calix beat their estimated earnings by 25.0%, which surprised analysts.
Revenue was up $21,723,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11, which was followed by a 7.46% drop in the share price the next day.
Here’s a look at Calix’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.27 | 0.19 | 0.33 | 0.2 |
| EPS Actual | 0.38 | 0.39 | 0.45 | 0.4 |
| Revenue Estimate | 161.52M | 150.46M | 159.52M | 129.44M |
| Revenue Actual | 168.67M | 162.07M | 170.03M | 150.51M |
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