Calix (CALX -13.6%), which issued a warning in September, crashes towards its 52-week low after...

|By:, SA News Editor

Calix (CALX -13.6%), which issued a warning in September, crashes towards its 52-week low after reporting Q3 revenue of $83.7M (+11% Y/Y) and EPS of $0.07, missing consensus by $0.3M and $0.01. Jefferies remains bullish on the broadband infrastructure firm, naming stimulus spending and new products among its long-term catalysts.