Calix Exceeds Q3 Forecasts, Launches Agentic AI Platform

Calix has announced a sequential revenue growth target of 2% and introduced its Agentic AI platform, with CEO Michael Weening stating that investments made in 2024 are beginning to deliver positive outcomes. For the third quarter, Calix projects adjusted earnings per share between $0.31 and $0.37, and anticipates sales of $243–$249 million, both surpassing analyst expectations. The company's updated outlook reflects confidence in its evolving market position and product innovation. The new summary also mentions sector developments, including ICON plc's upgraded price target after strong gross bookings and Ceribell's upcoming Q2 results, but these are unrelated to Calix. Overall, the updates underscore positive momentum for Calix and optimism in the broader technology sector. However, certain detailed financial health metrics for Calix are no longer included.