Sales doing well. Carl Russo attributed the $11.5M loss to "higher than expected costs in our turnkey network improvement projects, particularly as activity accelerated to meet project schedules." I infer that Calix threw extra resources at projects running late. Calix has earned a reputation for taking care of customers. I'm not surprised they rushed in help when problems developed.
Calix's strength remains the U.S. carriers other than Verizon and AT&T. The increased revenues are good news for the level of capital spending. Century and Frontier are far behind cable; their prospects are bleak if they don't rapidly upgrade.
Calix proudly announced the first customer for their NG-PON2 gear.