• Cowen analyst Paul Silverstein says Calix Inc's (NYSE: CALX) "solid beat and raises" in Q4 would have been meaningfully better if not for supply chain issues.

  • Calix reported fourth-quarter FY21 revenue of $176.4 million above the consensus of $173.9 million. Adjusted EPS of $0.26 beat the consensus of $0.24.

  • Calix sees Q1 FY22 revenue of $174 million – $180 million above the consensus of $164.2 million. Calix sees adjusted EPS of $0.16 – $0.21, above the consensus of $0.15.

  • The issue reinforces his view that the company's future earnings power and cash flow generation continues to exceed investor expectations.

  • He continues to see an "outstanding" long-term outlook with the ongoing ramp of software platforms driving "strong" margin uplift and revenue growth.

  • Silverstein views Calix as his best mid-cap idea with an Outperform rating.

  • Calix's cloud and software platforms enable service providers of all types and sizes to innovate and transform.

  • Price Action: CALX shares traded higher by 3.78% at $42.58 on the last check Thursday.

Latest Ratings for CALX

Oct 2021

Needham

Maintains

Buy

Jul 2021

Needham

Maintains

Buy

Jul 2021

Barrington Research

Initiates Coverage On

Outperform

View More Analyst Ratings for CALX
View the Latest Analyst Ratings

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