Telecom Lead Europe: Calix has posted revenue of $78.6
million for the first quarter of 2012, an increase of 10 percent compared to
$71.5 million for the first quarter of 2011.
Net income for the first quarter of 2012 was $0.6
million, as compared with $3.8 million, for the first quarter of 2011.
The company posted net loss of $7.5 million for the first
quarter of 2012, as compared with net loss of $22.8 million for the first
quarter of 2011.
The company’s operating expenses for the first
quarter of 2012 stood at $41.2 million, against $43.1 million for the same
quarter of 2012.
“Solid operational performance together with strong
bookings and broadband stimulus shipments in the quarter were encouraging.
Calix customers continue to transform their networks to meet the increasing
demands of a broadband world and the Calix Unified Access portfolio is ideally
suited to address these needs,” said Carl Russo, president and CEO of Calix.
During the quarter, Calix introduced two new optical line terminal (OLT) cards
to its Unified Access portfolio.
Furthermore, Calix announced
that two Missouri electric cooperatives, Co-Mo Electric Cooperative of
Tipton and United Electric Cooperative of Maryville selected the
Calix Unified Access portfolio to bring fiber-to-the-premises (FTTP) to over 27,000 homes and businesses in the region.
In addition, 12 communications service providers
selected the Calix Unified Access portfolio to support $153 million of
Broadband Initiatives Program (BIP) Stimulus projects across the U.S.
Swedish cable TV operator Kopings Kabel-TV
AB (Kopings Kabel) also deployed the Calix Unified
Access portfolio to deliver advanced broadband services to its subscribers.
Calix provides Unified Access Portfolio for Broadband Stimulus
Initiative of ASTCA
Recently, Calix announced that the American Samoa
Telecommunications Authority (ASTCA) selected the Calix Unified
Access Portfolio and Calix Professional Services to support and
implement its Broadband Linking the American Samoa Territory (BLAST) Project.