Why CALX fell on Nov 3
Down 8% on Nov 3, and still 11% under its Nov 2 close.
“The sequential and year-over-year decreases primarily reflect a rapid”
−3Long-term trend
Down 8% on Nov 3, and still 11% under its Nov 2 close.
“The sequential and year-over-year decreases primarily reflect a rapid”
−3Long-term trend
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| Since its Dec 2021 high | Down 60% |
| Latest filing | 10-Q, Nov 3 |
Tue Nov 17: ROTH 15th Annual Technology…Investor conference · date confirmed.
7 more dates ahead: conferences, for Pro members.
After its last 4 reports it closed -9.0% on average, higher 0 of 4 times.
CALX is #4 of 11 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 4 | ||
| Open for its score | ||
| Open for its score |
Expected to report Mon Jan 25, after the close (in 76 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $301.7M, 14% more than a year ago; a profit of $0.16 a share, from $0.22.
“The sequential gross margin decline primarily reflected higher memory component costs, which were partially offset by memory surcharges and an increase in software and service gross margin.”
| Line | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Appliance | $250M | $243M | $222M |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Nov 3)
| Measure | Figure |
|---|---|
| Full-year revenue growth | about 19% |
“GAAP operating expenses increased by $5.9 million sequentially primarily due to stock-based compensation, and non-GAAP operating expenses increased by $1.8 million sequentially, but decreased as a percentage of revenue, reflecting expense discipline and initial productivity benefits from our human-centric AI investments.”
From its results filing (SEC filing · Nov 2)
Sales grew 13% a year over 5 years, fiscal 2020 to 2025.
Its share count grew 2.3% a year over 5 years.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 2, 2026 | -2.2% | -8.0% | -11.0% |
| Jul 20, 2026 | -8.2% | -2.3% | -3.9% |
| Apr 21, 2026 | -10.2% | -14.0% | -15.2% |
Sales grew in four of the last five years, to $1B in 2025. It turned a profit in 2025 after a loss in 2024.
RSI 37.8, MACD below signal, below both averages. Not scored.
3 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: CALX is under 0.1% of FTEC, under 0.1% of VGT, and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
“The communications software and systems equipment markets are highly competitive.”
CALX scores 3 today, which Breakaway calls Below Average. It is #4 of 11 in Communications Services by Quality Score, with 2 of 14 chart checks firing. Down 8% on Nov 3, and still 11% under its Nov 2 close. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
CALX scores 3 today, which Breakaway calls Below Average (0 to 5). That is #4 of 11 in Communications Services by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind CALX's 3.
Expected to report Mon Jan 25, after the close, a date Breakaway expects from the company's usual timing; the company has not confirmed it. CALX closed higher after 0 of its last 4 reports. Past behavior, not a forecast.
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Insider and Congress trades, the chart, and the financials, in one score.
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