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News  ›  The Motley Fool

Why Calix Stock Was Rising Sharply Today

The Motley Fool Logo The Motley Fool By Eric Volkman
Why Calix Stock Was Rising Sharply Today

Calix reported strong Q3 earnings with 32% revenue growth, exceeding analyst expectations and adding 20 new clients to its broadband service provider platform. The company also provided positive Q4 guidance, leading to a 20% stock price increase.

Insights
NVDA   positive

Reached historic $5 trillion market cap, announced AI infrastructure partnerships, and showcased strong market potential


CALX   positive

Reported record quarterly revenue of $265 million, flipped to a profit of $15.7 million, beat analyst estimates, added 20 new clients, and provided strong forward guidance for Q4