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Calix (NYSE:CALX) Shares Gap Down – What’s Next?
['Logan Wallace']
Ticker Report
Shares of Calix, Inc (NYSE:CALX – Get Free Report) gapped down prior to trading on Thursday .
Calix shares last traded at $47.37, with a volume of 720,446 shares.
Calix News RoundupHere are the key news stories impacting Calix this week:Get Calix alerts:Positive Sentiment: Calix beat revenue and EPS expectations for Q4 and showed strong year?over?year revenue growth — revenue ~ $272M and an EPS beat in outlets reporting $0.39.
Needham & Company LLC restated a “buy” rating on shares of Calix in a research note on Thursday.
Calix Price PerformanceThe company has a market capitalization of $3.01 billion, a P/E ratio of -377.83 and a beta of 1.55.