PRNewsWire
10 Jun 2026, 01:05 UTC · 10h ago
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Calix, Inc. expects its full-year non-GAAP gross margin to decline between 50 and 150 basis points due to rising memory component costs. — Direct guidance for margin erosion indicates a decrease in profitability and operational headwinds.
-0.60A securities class action lawsuit has been filed alleging that Calix, Inc. misled investors regarding its business prospects between January and April 2026. — Legal challenges and allegations of misleading investors create regulatory risk and potential financial liabilities.
-0.40Calix's second quarter 2026 gross margin guidance of 55.8% represents a 140 basis point sequential decline. — Short-term margin compression suggests a rapid increase in input costs affecting the bottom line.
-0.30Which stocks this story touches
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The company is facing a class action lawsuit alleging it misled investors, coupled with a significant stock price drop and declining gross margins.
The company is mentioned as being the subject of a securities class action lawsuit.
The company is mentioned as being the subject of a securities class action lawsuit.
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