The value of Calix Inc. (NYSE: CALX) was 9.92 percent higher at $44.92 on the last check Tuesday in extended hours. Calix stock fell -2.62% to close at $40.84 in regular trading.
There was a price range of $38.84 to $41.60 on the CALX stock. Volume of CALX stock increased to 1.15 million shares, compared to its average daily volume over the previous 100 days of 0.93 million. Though there has not been any current news directly related to the CALX stock, the last week’s development could have an impact on the stock price.
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Developments from the last week:
Through its platform capabilities, Calix empowers service providers of all kinds to innovate and transform. Calix customers leverage real-time data and insights from Calix platforms to simplify their business operations and provide experiences that excite their customers.
Calix announced last week that Bascom Communications has rolled out the Calix Revenue EDGE solution to provide premium features to its members.
- In June 2020, Bascom launched a new Wi-Fi managed service on its Calix fiber network.
- The purpose of this implementation was to offer subscribers an all-inclusive package consisting of cutting-edge Wi-Fi 6 GigaSpire BLAST.
- The bundle would also include enhanced revenue opportunities, like ProtectIQ and ExperienceIQ.
- Since launching their market-leading subscriber experience less than a year ago, Bascom has grown its value significantly by establishing new recurring revenue streams, improving operational efficiency, reducing churn, and substantially increasing member satisfaction.
How CALX operates?
By increasing subscriber acquisition, loyalty, and revenue, these businesses and communities attached to CALX create more value. Calix (CALX)’s mission is to simplify, excite, and grow broadband service providers of all sizes.