Calix Reports Q1 Revenue of $71.5 Million

Calix reported Q1 revenue of $71.5 million, an increase of 48.3% compared to $48.2 million for the first quarter of 2010. GAAP net loss for the first quarter of 2011 was $22.8 million, or $(0.55) per basic and diluted share.


"Q1 was a record-setting quarter for Calix, and represented a strong start to fiscal year 2011," said Carl Russo, Calix president and CEO. "We executed well across all segments of our business, and reported results that were ahead of expectations. Our integration of Occam Networks is progressing quickly and smoothly, resulting in accelerating innovation across our Unified Access portfolio and deeper relationships with our over 900 customers."http://www.calix.com