NYSE:CALXCommunications
Calix (CALX) Profitability Forecast Challenges Valuation Premium as Losses Deepen and Revenue Growth Leads Peers
Calix (CALX) remains unprofitable, with earnings growth unable to be compared to its five-year average and losses worsening at a 46.5% annual rate over the past five years. Despite a flat net profit margin and profits that have failed to grow, the company is forecast to achieve 11% annual revenue growth and a sharp 91.94% increase in earnings per year, with profitability expected within three years. Investors are weighing strong future growth prospects against the company’s current high...