Calix Promotes COO Michael Weening As CEO; Carl Russo Will Continue As Chair


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • Calix, Inc (NYSE:CALX) promoted Michael Weening to CEO and President. Weening succeeds Carl Russo, who will continue as the Chair.
  • Weening has been a member of the Calix leadership team for over six years. In January of 2021, Calix promoted Weening to COO and President. 
  • Before Calix, Weening built and led award-winning teams across a range of technology companies, including Microsoft Corp (NASDAQ:MSFT) and, Salesforce, Inc (NYSE:CRM).
  • Calix will post its third-quarter 2022 results on October 24.
  • Calix reported second-quarter revenue of $202.00 million, up 19.8%, which beat the consensus of $196.02 million.
  • Adjusted EPS of $0.22 beat the consensus of $0.19.  
  • Price Action: CALX shares traded higher by 0.98% at $61.74 on the last check Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsManagementTechBriefs