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Calix and RBB Bancorp Release Q1 2026 Earnings as Real Estate Exam Results Announced

Calix reported record Q1 2026 revenue of $280 million amid platform migrations and share buybacks. RBB Bancorp held its earnings call with key executives participating. Philippine regulators released results from the April 2026 Real Estate Brokers Licensure Examination, where 1,863 candidates passed.

seekingalpha.com
Benzinga
Rappler
Cnbc
5 sources·Apr 21, 9:50 PM(3 hrs ago)·1m read
|
Calix and RBB Bancorp Release Q1 2026 Earnings as Real Estate Exam Results AnnouncedPhoto: Jason Dent / Unsplash
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Calix reported Q1 2026 revenue of $280 million on April 21, 2026, marking a 3% sequential increase and setting a company record. The company hosted an earnings call on the same day, during which executives outlined financial performance and future guidance. Calix provided revenue guidance for Q2 2026 between $287 million and $293 million, and expects annual revenue growth of 15% to 20% for 2026.

Calix completed the migration of all customers to its third-generation platform on Google Cloud by the end of March 2026, enabling expanded capabilities and AI-driven operations. 2%, declining 80 basis points sequentially due to dual cloud environment costs but increasing 100 basis points year-over-year.

3 million shares for $171 million in Q1 2026 and announced an additional $100 million authorization for share buybacks on April 21, 2026.

Calix anticipates reacceleration of remaining performance obligations in the second half of 2026, driven by momentum from its CalixOne platform. Calix welcomed 14 new customers in Q1 2026. Remaining performance obligations totaled $376 million, down 2% sequentially but up 11% year-over-year.

The vice president of investor relations at Calix hosted the earnings call.

The chief financial officer of Calix detailed the results, stating that the company generated $7 million in free cash flow and maintained a cash and investment balance of $243 million. Calix is hosting its first Investor Day in four years on April 22, 2026, to discuss strategy and long-term growth.

Separately, executives from RBB Bancorp participated in its Q1 2026 earnings call on April 21, 2026. In unrelated news, 1,863 out of 2,296 candidates passed the April 2026 Real Estate Brokers Licensure Examination, as announced by Philippine regulators via Rappler.

Key Facts

Calix Q1 2026 revenue
Calix achieved record revenue of $280 million, up 3% sequentially.
Calix share repurchases
Calix repurchased 3.3 million shares for $171 million and authorized an additional $100 million for buybacks.
RBB Bancorp earnings call
RBB Bancorp held its Q1 2026 earnings call on April 21, 2026, with participation from CEO Johnny Lee, Rebeca Rico, and Lynn Hopkins.
Real Estate exam results
1,863 out of 2,296 candidates passed the April 2026 Real Estate Brokers Licensure Examination.
Calix platform migration
Calix completed migrating all customers to its third-generation platform on Google Cloud by end of March 2026.

Story Timeline

6 events
  1. 2026-04-21

    Calix released Q1 2026 financial results and hosted earnings call; RBB Bancorp held Q1 2026 earnings call at 2:00 PM EDT; April 2026 Real Estate Brokers Licensure Examination results announced.

    3 sourcesBenzinga · seekingalpha.com · Rappler
  2. 2026-04-22

    Calix scheduled to host its first Investor Day in four years.

    1 sourceBenzinga
  3. 2026-03-31

    Calix completed migration of all customers to third-generation platform on Google Cloud.

    1 sourceBenzinga
  4. 2026 Q1

    Calix reported revenue of $280 million, repurchased 3.3 million shares for $171 million, and welcomed 14 new customers.

    1 sourceBenzinga
  5. 2026 Q2

    Calix provided revenue guidance between $287 million and $293 million.

    1 sourceBenzinga
  6. 2026 full year

    Calix expects revenue growth of 15% to 20%.

    1 sourceBenzinga

Potential Impact

  1. 01

    Increased remaining performance obligations for Calix could lead to sustained revenue acceleration in the second half of 2026.

  2. 02

    Higher memory component costs may pressure Calix's gross margins despite partial recovery through surcharges.

  3. 03

    Calix's share buyback program may support stock price stability amid revenue growth projections.

  4. 04

    New customer additions at Calix could expand market reach and subscriber growth for its clients.

  5. 05

    Pass rate in the Real Estate Brokers exam may influence the supply of licensed professionals in the Philippine market.

Transparency Panel

Sources cross-referenced5
Framing risk0/100 (low)
Confidence score86%
Synthesized bySubstrate AI
Word count281 words
PublishedApr 21, 2026, 9:50 PM
Bias signals removed3 across 3 outlets
Signal Breakdown
Loaded 3

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