Recent Updates — CALX

The board of directors authorized an increase to the existing share buyback program, adding $100 million in purchasing power. The company intends to use this flexibility for disciplined capital allocation through open market or privately negotiated transactions, subject to market conditions and stock price. Calix operates as an AI platform company that enables service providers to transform operations and accelerate subscriber growth.

Calix, Inc. reported record revenue of $293.3 million for the second quarter of 2026, representing a 21% year-over-year growth. Software and service revenue reached a record $50.5 million, up 16% year-over-year. The company achieved a GAAP net income of $17.1 million, compared to a loss of $199,000 in the same quarter of the previous year. Additionally, the company repurchased 1.6 million shares for $69.4 million during the quarter. Calix, Inc. is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences.