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These Analysts Slash Their Forecasts On Calix After Q1 Results

Calix Inc (NYSE:CALX) reported mixed first-quarter financial results, after the closing bell on Monday. Calix reported a first-quarter FY24 sales decline of 9.5% year-on-year to $226.31 million, missing the analyst consensus estimate of $228.139 million. Adjusted EPS of 21 cents beat the consensus estimate of 20 cents, according to data from Benzinga Pro. Gross margin for the quarter expanded 300 basis points to 54.2% ...