North Bay Business Journal

Tuesday, February 5, 2013, 4:45 pm

Calix fourth-quarter revenues come back


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    PETALUMA — Calix, Inc. (NYSE: CALX) today announced revenue for the fourth quarter of fiscal year 2012 was $91.4 million, up 12.5 percent compared to $81.3 million for the third quarter of 2012, and flat compared to $91.6 million for the fourth quarter of 2011.

    Net loss for the fourth quarter was $6.6 million, or 14 cents per basic and diluted share, compared to a net loss of $7.1 million, or 15 cents per basic and diluted share for the third quarter of 2012.

    Revenues were down roughly $14 million for the year 2012 at $330 million compared with $344 million for the fiscal year 2011.

    “Strong fourth quarter results ended 2012 on a positive note,” said Carl Russo, Calix president and CEO. “We are carrying this momentum into 2013, with a strengthened organization, an expanded Unified Access portfolio of software, systems and services, and our preferred global reseller agreement with Ericsson providing a solid foundation for growth.”

    The Calix portfolio of broadband communications access systems and software enables communications service providers worldwide to transform their copper- and fiber-based networks and become the broadband provider of choice to their subscribers.

    Headquartered in Petaluma, Calix maintains facilities in Minneapolis, Boston, Santa Barbara, Fremont, San Jose and Richardson, Texas in the USA and a manufacturing facility in Nanjing, China. The company employes about 700 worldwide.

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