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Calix, Inc
10/29/2024
Greetings, and welcome to the Calix third quarter 2024 earnings conference call. For this time, all participants are in listen-only mode. A question and answer session will follow the brief prepared remarks. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Nancy Faziole, Vice President of Investor Relations. Please go ahead.
Thank you, Rob, and good morning, everyone. Thank you for joining our third quarter 2024 earnings call. Today on the call, we have President and CEO, Michael Boehning, and Chief Financial Officer, Ori Sindelar. As a reminder, yesterday after the market closed, CALCS issued a news release, which was furnished on a Form 8K, along with our stockholder letter, and was also posted on the Investor Relations section of the CALCS 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 that 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 the 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 2024 letter to stockholders, and in the annual and quarterly reports filed with the SEC. TALIS 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 2024 letter to stockholders. Unless otherwise stated, all financial information referenced in this call will be non-GAAP. With that, Michael, please go ahead.
Thank you, Nancy. I'm back from Connections, our annual innovation and customer success conference, where we set another record for attendance. On stage, we had innovative broadband experience leaders such as Tom McGuire from Brightspeed, Brad Moline from Allo, and Scott Hendricks from Tongvigby share how they are winning by partnering with Calix to deliver a comprehensive business model across consumer, business, MDU, and the communities they serve. to benefit their shareholders and members. The replay of their motivational business leadership stories, along with those of other broadband experience providers from Connections, is now available on calix.com. As I stated at Connections, the industry is at a crossroads. A broadband provider must decide if they remain a speed-based network operator, risking commoditization, or embrace differentiation through broadband experience. For the last 13 years, we have been building our appliance-based platform, cloud, and managed services model to enable broadband experience providers to take advantage of this once-in-a-generation opportunity. Our mission remains aligned to helping our customers win through the disruption ahead as they leverage our platform to simplify operations and their go-to-market, innovate with new experiences that differentiate their offerings, and grow for their investors, members, and the communities they serve. The strength of our mission, strategy, and execution is evident in our results in the third quarter. Corey, over to you to cover those results.
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