💨 Abstract

Calix Inc., a communications service provider, reported a first-quarter loss of $4.8 million, compared to a profit in the same period last year. The loss was 7 cents per share, but adjusted earnings were 19 cents per share, exceeding analyst expectations. Revenue also surpassed predictions, totaling $220.2 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖