Calix, Inc. Files 8-K on Financials

TL;DR

Calix dropped an 8-K on July 22nd detailing financial results and exhibits. Check the filings for the numbers.

AI Summary

On July 22, 2024, Calix, Inc. filed an 8-K report to disclose information regarding its results of operations and financial condition. The filing includes financial statements and exhibits, providing an update on the company's performance. Specific financial figures and details of the results are expected to be found within the attached exhibits.

Why It Matters

This filing provides investors with crucial, up-to-date information on Calix, Inc.'s financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful review.

Key Players & Entities

• CALIX, INC (company) — Registrant
• July 22, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-34674 (identifier) — Commission File Number
• 68-0438710 (identifier) — I.R.S. Employer Identification No.
• 2777 Orchard Parkway, San Jose, California 95134 (address) — Principal executive offices
• 408-514-3000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.025 — ich Registered Common Stock, par value $0.025 per share CALX New York Stock Exchange

Filing Documents

• calx-20240722.htm (8-K) — 41KB
• ex991pressrelease24q2.htm (EX-99.1) — 6KB
• ex992stockholderletter24q2.htm (EX-99.2) — 311KB
• a1rev.jpg (GRAPHIC) — 40KB
• a2rpo.jpg (GRAPHIC) — 47KB
• a3platform.jpg (GRAPHIC) — 73KB
• a4revbycustsize.jpg (GRAPHIC) — 56KB
• a5gm.jpg (GRAPHIC) — 62KB
• a6opex.jpg (GRAPHIC) — 50KB
• a7ni.jpg (GRAPHIC) — 43KB
• a8cashconv.jpg (GRAPHIC) — 38KB
• calixlogo.jpg (GRAPHIC) — 4KB
• cf.jpg (GRAPHIC) — 29KB
• sindelarsignaturea10.jpg (GRAPHIC) — 12KB
• weeningsig.jpg (GRAPHIC) — 4KB
• 0001406666-24-000029.txt ( ) — 1144KB
• calx-20240722.xsd (EX-101.SCH) — 2KB
• calx-20240722_lab.xml (EX-101.LAB) — 21KB
• calx-20240722_pre.xml (EX-101.PRE) — 12KB
• calx-20240722_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On July 22, 2024, Calix, Inc. (the "Company") issued a press release announcing it has publicly disseminated a stockholder letter with its financial results for the second quarter ended June 29, 2024. The press release is attached hereto as Exhibit 99.1. The stockholder letter, a copy of which is attached hereto as Exhibit 99.2 and incorporated herein by reference, includes reference to the non-GAAP measures of non-GAAP gross margin, non-GAAP operating expenses, non-GAAP sales and marketing investments, non-GAAP research and development investments, non-GAAP general and administrative investments, non-GAAP effective income tax rate, non-GAAP net income, non-GAAP net income per diluted common share and non-GAAP free cash flow. These non-GAAP measures are provided to enhance the reader's understanding of the Company's operating performance as they primarily exclude non-cash stock-based compensation, intangible asset amortization, litigation settlement and the impact from changes in income taxes, which the Company believes are not indicative of its core operating results. Management believes that the non-GAAP measures used in this stockholder letter provide investors with important perspectives into the Company's ongoing business performance and management uses these non-GAAP measures to evaluate financial results and to establish operational goals. The presentation of these non-GAAP measures is not meant to be a substitute for results presented in accordance with U.S. GAAP, but rather should be evaluated in conjunction with those GAAP results. A reconciliation of the non-GAAP results to the most directly comparable U.S. GAAP results is contained in tabular form in Exhibit 99.2. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. Such information shall not be deemed "filed" for purpos

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated July 22, 2024 announcing se cond quarter 2024 financial results. 99.2 Stockholder Letter dated July 22, 2024 announcing financial results of the Company. 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 22, 2024 CALIX, INC. By: /s/ Cory Sindelar Cory Sindelar Chief Financial Officer 4 EXHIBIT INDEX Exhibit No. Description 99.1 Press Release, dated July 22, 2024 announcing second quarter 2024 financial results. 99.2 Stockholder Letter dated July 22, 2024 announcing financial results of the Company. 5

View Full Filing

View this 8-K filing on SEC EDGAR