Calix, Inc. Announces EPB SmartNet Deploys the Calix E7-2 Ethernet Service Access Platform and 700GE Family of Optical Network Terminals
Sep 15 14
Calix Inc. announced that EPB SmartNet has deployed the Calix E7-2 Ethernet Service Access Platform (ESAP) and 700GE family of optical network terminals (ONTs) for its new residential and business gigabit fiber network in Russellville, Kentucky. With the launch of this one gigabit per second (Gbps) service on September 1, 2014, Russellville has become Kentucky's first Gigabit city. Leveraging gigabit passive optical network (GPON) technology, the gigabit service is now available to all of EPB SmartNet's residential and business broadband customers throughout the community. Serving over 4,000 utility customers and more than 1,300 broadband customers, EPB SmartNet offers voice, video, and advanced high speed data services to the community of Russellville. Since its initial FTTP deployment in 2010, EPB SmartNet has relied on the Calix Unified Access portfolio to deliver all of its advanced broadband services. With its forward-looking vision, EPB SmartNet was able to leverage existing Calix infrastructure to upgrade customers to gigabit speeds without having to replace any of its broadband access equipment.
Calix Inc. Announces Launch of the 844G and 854G Gigacenters
Sep 3 14
Calix Inc. announced the launch of the 844G and 854G GigaCenters, a family of premises service delivery platforms that will transform how gigabit broadband services in the fiber connected home are managed and delivered. The heart of the gigabit subscriber experience, the 844G and 854G GigaCenters are the first fiber products in the world to unleash the power of carrier class Wi-Fi in the home, delivering unprecedented in-home wireless broadband coverage, quality of service, and speed. Wielding the latest 802.11ac "wave 2" 5 GHz band Wi-Fi technology with 4x4 Multi-User Multiple Input Multiple Output (MU-MIMO) and beamforming, each GigaCenter allows service providers to deliver carrier class speeds and ubiquitous coverage to wirelessly connected devices in use throughout the subscriber home, and deliver symmetric broadband data rates of up to one gigabit per second (Gbps) to wired devices. An extension of the access network, the GigaCenter also establishes a new strategic location for service providers in the home, allowing them to rapidly introduce advanced broadband services and network functions virtualization (NFV), and dramatically change the deployment economics of services like IPTV while maintaining extensive control and visibility via Calix Compass software. GigaCenters allow service providers to control and manage an extraordinary mobile and video-rich broadband experience in the home, and, through the ability to easily customize each unit with their logo, directly associate the value of that experience with their brand. When combined with Calix Consumer Connect software, service providers gain an unparalleled view of broadband-enabled devices, priming them to find new potential revenues and enhance the gigabit broadband experience through managed in-home services and devices. The IPTV-capable 844G GigaCenter and its RF-enabled sibling, the 854G, are the first in a family of premises service delivery platforms that will feature the latest in carrier class Wi-Fi technologies. Testing of this technology has shown that the combination of less interference with concentrated power means that GigaCenters can reach virtually ubiquitous coverage of even traditionally challenging home environments, providing significant improvements over previous technologies, while reliably delivering nearly three times more bandwidth. The first 844G and 854G GigaCenters will initially support GPON technology on the Calix E7 Ethernet Service Access Platforms (ESAPs). Already being tested in service provider labs, Calix will be taking initial orders for this product in late September 2014 in advance of broad availability in October.
Calix Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Provides Earnings Guidance for the Third Quarter of 2014
Jul 29 14
Calix Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported revenues of $98,005,000 compared with $94,439,000 for the same period a year ago. Loss from operations was $3,890,000 compared with $4,845,000 for the same period a year ago. Loss before provision for income taxes was $3,848,000 compared with $4,929,000 for the same period a year ago. Net loss was $3,951,000 or $0.08 per basic and diluted share compared with $5,153,000 or $0.10 per basic and diluted share for the same period a year ago. Non-GAAP net income was $5,093,000 or $0.10 per diluted share compared with $4,762,000 or $0.10 per diluted share for the same period a year ago.
For the six months, the company reported revenues of $183,825,000 compared with $184,987,000 for the same period a year ago. Loss from operations was $13,787,000 compared with $10,385,000 for the same period a year ago. Loss before provision for income taxes was $13,765,000 compared with $10,775,000 for the same period a year ago. Net loss was $13,978,000 or $0.28 per basic and diluted share compared with $11,356,000 or $0.23 per basic and diluted share for the same period a year ago. Non-GAAP net income was $3,608,000 or $0.07 per diluted share compared with $7,918,000 or $0.16 per diluted share for the same period a year ago. Net cash used in operating activities was $516,000 compared with net cash provided by operating activities of $23,200,000 for the same period a year ago. Purchase of property and equipment was $4,328,000 compared with $3,265,000 for the same period a year ago.
In terms of guidance for the third quarter of 2014, the company expects revenues to increase over second quarter of 2014. The company expects to continue to be profitable and cash flow positive for the remainder of 2014. Its guidance for third quarter of 2014 is as follows: Revenue for the third quarter is expected to be in the range of between $102 million and $106 million. Gross margin is expected to be down this quarter, primarily due to 2 factors: one, product and customer mix considerations; and two, the recognition of additional BBS revenues, some of which will carry over from timing delays in the second quarter. The company is widening its guidance for its anticipated gross margin, and the company is, therefore, guiding to a 44.5% to 46.0% range for third quarter of 2014.