Calix, Inc. (NYSE:CALX) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET
Company Participants
Jim Fanucchi - VR, IR
Michael Weening - President and CEO
Cory Sindelar - CFO
Conference Call Participants
George Notter - Jefferies
Ryan Kuntz - Needham & Company
Joseph Cardoso - JPMorgan
Michael Genovese - Rosenblatt Securities
Timothy Savageaux - Northwind Capital Markets
Greg Mesniaeff - WestPark Capital
Scott Searle - Roth MKM
Operator
Greetings everyone, and welcome to the Calix Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the brief prepared remarks. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Jim Fanucchi, Vice President of Investor Relations. Sir, please go ahead.
Jim Fanucchi
Thank you Kat. And good morning, everyone. Thank you for joining our third quarter 2023 earnings call. Today on the call we have President and CEO, Michael Weening; and Chief Financial Officer, Cory Sindelar.
As a reminder, yesterday after the market closed, Calix issued a news release which was furnished on our Form 8-K along with our stockholder letter, which was also posted in the Investor Relations section of the Calix website. Today's conference call will be available for webcast replay in the Investor Relations section of our website.
Before I turn the call over to Michael for his opening remarks, I want to remind everyone on this call, we will refer to forward-looking statements, including all statements the company will make about its future financial and operating performance, growth strategy, and market outlook and actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause actual results and trends to differ materially are set forth in the third quarter 2023 letter to stockholders and in the annual and quarterly reports filed with the SEC. Calix assumes no obligation to update any forward-looking statements, which speak only as of their respective dates.
Also in this conference call, we will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in the third quarter 2023 letter to stockholders. Unless otherwise stated, all financial information referenced in this call will be non-GAAP.
With that, it is my pleasure to turn the call over to Michael. Michael, please go ahead.
Michael Weening
Thank you Jim. In the third quarter of 2023 the Calix team continued our track record of improved financial performance across four measurable objectives that we've outlined for investors. First, deliberate revenue growth continued as we achieved our 10th consecutive quarter of sequential growth while delivering record revenue. Our demand frontier remains strong as broadband service providers, who we call BSPs, continue to recognize that building fiber is not enough. A speed as a go-to-market strategy will not win in the long term.