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Stock impact report

Calix Updates First Quarter 2019 Financial Guidance and Announces Release Date of First Quarter 2019 Stockholder Letter and Results

Calix, Inc (CALX) 
Last calix, inc earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
SAN JOSE, Calif., April 10, 2019 (GLOBE NEWSWIRE) -- Calix, Inc. (NYSE:CALX) today announced updated financial guidance for its first quarter 2019. “While our quarterly bookings were in-line with our internal expectations, our revenue was negatively impacted primarily by product shortages due to production delays associated with our global supply chain realignment efforts,” said Calix, Inc. President and CEO Carl Russo. We are providing the following updated first quarter 2019 guidance:  Updated Guidance Non-GAAPUpdated Guidance Reconciled to GAAPRevenue$87.5M – $89.5M$87.5M – $89.5MNet loss per diluted common share(1)($0.12) – ($0.08)(2)($0.22) – ($0.18) (1) Based on 54.0 million weighted-average diluted common shares outstanding.(2) Excludes the impact from non-GAAP items such as stock-based compensation and U.S. tariff and tariff-related costs.  See the reconciliation of GAAP to non-GAAP at the end of this press release. Our updated first quarter 2019 guidance is estimated bas Show less Read more
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