Despite the fact that CALX came out with earnings that are above estimates. the price of the stock dropped and found SUPPORT @ $31.00. Nice time to add shares into Portfolio. Can be gained 15-20% profit in next coming weeks. However; manage your risk. If ti dropps below $31.00 then consider to close your position. But lots of buys are coming in.
Earnings shortcut: : Calix (CALX) reported 4th Quarter December 2020 earnings of $0.44 per share on revenue of $170.0 million. The consensus earnings estimate was $0.33 per share on revenue of $158.9 million.
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services required to deliver the unified access network in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services, such as basic voice and data, and advanced broadband services.