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Broadband infrastructure vendor Calix (CALX +18.4%), which had fallen sharply from last summer's...
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Wednesday, May 2, 2012, 1:26 PM ETBroadband infrastructure vendor Calix (CALX +18.4%), which had fallen sharply from last summer's levels on telecom capex fears, soars after delivering a better-than-feared Q1 report and forecasting a 2H pickup in demand. Calix, which is hoping to get a lift from the FCC's Connect America Fund, also announced it has been chosen to support 5 new broadband stimulus projects.
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