CALIX INC
For the period ended Sep 28, 2024. Filed Oct 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2024 · Filed Oct 29, 2024
CALX$32.24+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Income (Loss)
(In thousands, except per share data)
(Unaudited)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 28,2024 | September 30,2023 | September 28,2024 | September 30,2023 | |
| Revenue | $200,945 | $263,835 | $625,394 | $774,859 |
| Cost of revenue | 90,898 | 123,286 | 285,167 | 369,789 |
| Gross profit | 110,047 | 140,549 | 340,227 | 405,070 |
| Operating expenses: | ||||
| Sales and marketing | 52,301 | 52,356 | 158,436 | 158,817 |
| Research and development | 45,467 | 46,963 | 134,012 | 135,477 |
| General and administrative | 23,175 | 25,301 | 72,063 | 73,100 |
| Total operating expenses | 120,943 | 124,620 | 364,511 | 367,394 |
| Operating income (loss) | (10,896) | 15,929 | (24,284) | 37,676 |
| Interest income and other expense, net: | ||||
| Interest income, net | 3,282 | 2,658 | 8,877 | 6,553 |
| Other expense, net | (178) | (444) | (599) | (448) |
| Total interest income and other expense, net | 3,104 | 2,214 | 8,278 | 6,105 |
| Income (loss) before income taxes | (7,792) | 18,143 | (16,006) | 43,781 |
| Income taxes (benefit) | (3,824) | 1,190 | (4,183) | 7,857 |
| Net income (loss) | $(3,968) | $16,953 | $(11,823) | $35,924 |
| Net income (loss) per common share: | ||||
| Basic | $(0.06) | $0.26 | $(0.18) | $0.54 |
| Diluted | $(0.06) | $0.24 | $(0.18) | $0.52 |
| Weighted-average number of shares used to compute | ||||
| net income (loss) per common share: | ||||
| Basic | 66,078 | 66,288 | 65,700 | 66,201 |
| Diluted | 66,078 | 69,579 | 65,700 | 69,644 |
| Net income (loss) | $(3,968) | $16,953 | $(11,823) | $35,924 |
| Other comprehensive income, net of tax: | ||||
| Unrealized gain on available-for-sale marketable securities, net | 1,190 | 263 | 983 | 1,185 |
| Foreign currency translation adjustments, net | 273 | (33) | 166 | (71) |
| Total other comprehensive income, net of tax | 1,463 | 230 | 1,149 | 1,114 |
| Comprehensive income (loss) | $(2,505) | $17,183 | $(10,674) | $37,038 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.