Calix Shares Decline as 3Q Profit Forecast Misses Wall Street's Expectations

Dow Jones

Jul 21

Shares of Calix slid after the company gave a soft profit outlook for the current quarter as it expects higher memory costs to pressure its margins.

The stock fell 14% to $33.14 in after-hours trading on Monday. At market close shares were down 28% year to date.

For the third quarter, the technology company forecast adjusted earnings per share of 37 cents to 45 cents, below analysts' projection of 46 cents a share, according to FactSet. The company also guided for revenue of $301 million to $307 million, compared with analysts' forecast of $301.7 million.

The company said it expects continued increases in memory component costs to weigh on its bottom line. It expects surcharges to partially offset some of that pressure.

In the second quarter, the company swung to a profit of $17.1 million, compared with a loss of $199,000 a year earlier.

Adjusted earnings per share were 47 cents, compared with estimates of 40 cents a share.

Revenue rose 21% to $293.3 million, compared with analyst estimates of $290 million.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

July 20, 2026 18:49 ET (22:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2653724131"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653724131\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653724131?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-21 06:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653724131","market":"us","top_or_hot":-1,"title":"Calix Shares Decline as 3Q Profit Forecast Misses Wall Street's Expectations","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Calix slid after the company gave a soft profit outlook for the current quarter as it expects higher memory costs to pressure its margins. \n</p>\n<p>\n  The stock fell 14% to $33.14 in after-hours trading on Monday. At market close shares were down 28% year to date. \n</p>\n<p>\n  For the third quarter, the technology company forecast adjusted earnings per share of 37 cents to 45 cents, below analysts' projection of 46 cents a share, according to FactSet. The company also guided for revenue of $301 million to $307 million, compared with analysts' forecast of $301.7 million. \n</p>\n<p>\n  The company said it expects continued increases in memory component costs to weigh on its bottom line. It expects surcharges to partially offset some of that pressure. \n</p>\n<p>\n  In the second quarter, the company swung to a profit of $17.1 million, compared with a loss of $199,000 a year earlier. \n</p>\n<p>\n  Adjusted earnings per share were 47 cents, compared with estimates of 40 cents a share. \n</p>\n<p>\n  Revenue rose 21% to $293.3 million, compared with analyst estimates of $290 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 18:49 ET (22:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Calix Shares Decline as 3Q Profit Forecast Misses Wall Street's Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCalix Shares Decline as 3Q Profit Forecast Misses Wall Street's Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-21 06:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Calix slid after the company gave a soft profit outlook for the current quarter as it expects higher memory costs to pressure its margins. \n</p>\n<p>\n  The stock fell 14% to $33.14 in after-hours trading on Monday. At market close shares were down 28% year to date. \n</p>\n<p>\n  For the third quarter, the technology company forecast adjusted earnings per share of 37 cents to 45 cents, below analysts' projection of 46 cents a share, according to FactSet. The company also guided for revenue of $301 million to $307 million, compared with analysts' forecast of $301.7 million. \n</p>\n<p>\n  The company said it expects continued increases in memory component costs to weigh on its bottom line. It expects surcharges to partially offset some of that pressure. \n</p>\n<p>\n  In the second quarter, the company swung to a profit of $17.1 million, compared with a loss of $199,000 a year earlier. \n</p>\n<p>\n  Adjusted earnings per share were 47 cents, compared with estimates of 40 cents a share. \n</p>\n<p>\n  Revenue rose 21% to $293.3 million, compared with analyst estimates of $290 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 18:49 ET (22:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CALX","symbol_name":"Calix Networks","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653724131","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653724131","pubTimestamp":1784587740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Calix slid after the company gave a soft profit outlook for the current quarter as it expects higher memory costs to pressure its margins.The stock fell 14% to $33.14 in after-hours trading on Monday. At market close shares were down 28% year to date.For the third quarter, the technology company forecast adjusted earnings per share of 37 cents to 45 cents, below analysts' projection of 46 cents a share, according to FactSet. The company also guided for revenue of $301 million to $307 million, compared with analysts' forecast of $301.7 million.The company said it expects continued increases in memory component costs to weigh on its bottom line. It expects surcharges to partially offset some of that pressure.In the second quarter, the company swung to a profit of $17.1 million, compared with a loss of $199,000 a year earlier.Adjusted earnings per share were 47 cents, compared with estimates of 40 cents a share.Revenue rose 21% to $293.3 million, compared with analyst estimates ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CALX":"Calix Networks","BK4020":"通信设备"},"translate_title":"由于第三季度利润预测未达到华尔街预期，Calix 股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CALX":1.5},"content_text":"Shares of Calix slid after the company gave a soft profit outlook for the current quarter as it expects higher memory costs to pressure its margins. \n\n\n  The stock fell 14% to $33.14 in after-hours trading on Monday. At market close shares were down 28% year to date. \n\n\n  For the third quarter, the technology company forecast adjusted earnings per share of 37 cents to 45 cents, below analysts' projection of 46 cents a share, according to FactSet. The company also guided for revenue of $301 million to $307 million, compared with analysts' forecast of $301.7 million. \n\n\n  The company said it expects continued increases in memory component costs to weigh on its bottom line. It expects surcharges to partially offset some of that pressure. \n\n\n  In the second quarter, the company swung to a profit of $17.1 million, compared with a loss of $199,000 a year earlier. \n\n\n  Adjusted earnings per share were 47 cents, compared with estimates of 40 cents a share. \n\n\n  Revenue rose 21% to $293.3 million, compared with analyst estimates of $290 million. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 20, 2026 18:49 ET (22:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}