RTTNews | Jul 7, 2021 12:36PM EDT

12:35 Wednesday, July 7, 2021 (RTTNews.com) - California-based cloud software company Calix Inc (CALX) is down 5% in the Street on Wednesday.

The company, earlier today, announced that it will report second-quarter results on July 26. In its previous quarterly result, the company failed to meet analysts estimates.

For the second quarter, six analysts, on an average, expect earnings of $0.27 per share on revenues of $161.52 million.

Currently, the shares are trading at $45.65, down $1.99 or 4.18% from their previous close at $47.64 on Tuesday. The shares opened at $47.71 in the morning and in the 52-week period, the shares have ranged between $13.75 and $49.99.

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