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Why Calix Stock Was Climbing This Week

TheMotleyFool

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Why Calix Stock Was Climbing This WeekPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Shares of Calix (NYSE: CALX) were gaining this week after the cloud stock delivered better-than-expected results in its third-quarter earnings report and offered strong guidance for the current quarter. The stock also got a boost after the report came out as analysts reacted favorably to the news.

As of Thursday's closing, the stock was up 12.8% for the week.

Image source: Getty Images.

Source Fool.com

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