Zurück   Traderboersenboard > Börse, Wirtschaft und Finanzen > Amerika, Asien

Themen-Optionen Thema bewerten
Alt 25-10-2020, 14:15   #1
TBB Family
Registriert seit: Mar 2004
Beiträge: 10.295
Calix makes cloud software helping customers like Verizon optimize networks

WKN: A1CVEW ISIN: US13100M5094

The company makes cloud software that helps customers like Verizon (VZ) optimize networks.

The stock gained 26% this week and we believe this positive momentum can continue throughout the remainder of 2020. Here’s why:

Even if continued progress is made toward treatments and vaccines for the coronavirus in the coming months, allowing for a return of business activity, we believe that several “temporary” remote working situations will become permanent.

Calix is riding strong operating momentum into 2021, after delivering results earlier on Tuesday that surpassed management’s guidance for a third straight quarter.

The company earned $0.40 a share in the third quarter, as revenue increased 31% from the previous year to $150.5 million. Upside in the period was driven by 70% growth in cloud sales. Calix saw solid demand across the board, as network service providers have been tasked with increasing capacity during the pandemic.

Looking ahead to the fourth quarter, management expects revenue of $157 to $161 million and to generate positive free cash flow.

Following the results, Jefferies analyst George Notter boosted his price target to a Street-high of $35 (34.4% upside potential), citing:

“1) their Calix Cloud business will drive significant long term upside to Street revenue/EPS expectations and we’re still early in this transformation; 2) the current WFH environment emphasizes the criticality of good consumer broadband services – big positives for Calix; and 3) other catalysts have yet to play out (RDOF, potential Broadband Stimulus, re-capitalized Balance Sheets among their customers).”
Quelle am 25.10.2020: https://www.corona-stocks.com/weekly...d-of-election/

weder Zertis noch Optionsscheine erhältlich

in USD:

Geändert von Benjamin (25-10-2020 um 14:21 Uhr)
Benjamin ist offline   Mit Zitat antworten


Thema bewerten
Thema bewerten:

Es ist Ihnen nicht erlaubt, neue Themen zu verfassen.
Es ist Ihnen nicht erlaubt, auf Beiträge zu antworten.
Es ist Ihnen nicht erlaubt, Anhänge hochzuladen.
Es ist Ihnen nicht erlaubt, Ihre Beiträge zu bearbeiten.

BB-Code ist an.
Smileys sind an.
[IMG] Code ist an.
HTML-Code ist aus.

Gehe zu

Es ist jetzt 12:43 Uhr.

Powered by vBulletin® Version 3.8.4 (Deutsch)
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.