Calix investor day should be upbeat, says Rosenblatt

Rosenblatt believes Calix’s (CALX) investor day on April 22 should be update. It expects the company to report Q1 revenue on April 21 slightly above the consensus at $278M, which is up 26% year-over-year. The company’s broadband experience provider customers are gaining subscriber market share in the U.S. through use of Calix’s technology, the analyst tells investors in a research note. At the investor event, Rosenblatt expects Calix to discuss its near- and mid-term drivers of revenue growth and margin expansion, including the Broadband Equity, Access, and Deployment program and agentic AI.