Calix Q4 2024 revenue fell 22% year over year to $206.1 million; GAAP loss widened
Calix reported fourth-quarter 2024 revenue of $206.1 million, up 2.6% from the prior quarter but down 22% from the year-ago quarter. The GAAP net loss was $17.9 million, or $0.27 per diluted share, compared with a $0.10 loss per share a year earlier. The company guided first-quarter 2025 revenue to $204 million to $210 million and non-GAAP earnings per diluted share to $0.10 to $0.16.
Key points
- Q4 2024 revenue was $206.1 million, up 2.6% sequentially and down 22% from $264.7 million a year earlier.
- GAAP net loss was $17.9 million, or $0.27 per diluted share; non-GAAP net income was $5.2 million, or $0.08 per diluted share.
- First-quarter 2025 guidance: revenue of $204 million to $210 million and non-GAAP EPS of $0.10 to $0.16.
- Remaining performance obligations rose 34% year over year to $325.8 million.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.