Investing.com - Calix reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Calix announced earnings per share of $0.34 on revenue of $236.30. Analysts polled by Investing.com anticipated EPS of $0.23 on revenue of $215.23M.
Calix shares are down 24.37% from the beginning of the year , still down 25.28% from its 52 week high of $80.95 set on Friday, December 31, 2021.
Calix shares gained 10.78% in after-hours trade the report.
Calix follows other major Information Technology sector earnings this month
Calix's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
ASML ADR had beat expectations on Wednesday with third quarter EPS of $4.29 on revenue of $5.78B, compared to forecast for EPS of $3.96 on revenue of $5.68B.
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