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The Calix (ASX:CXL) share price rips 13% higher on revenue growth



The Calix Ltd (ASX: CXL) share price is rocketing 13% higher into all-time record territory today after the company released its first-half FY21 results.

This brings its year-to-date returns to an eye-watering 108%. At the time of writing, the Calix share price is trading up 13.1% at $2.15.

Calix share price soars on accelerating growth 

Calix’s core technology is being used to develop more environmentally friendly solutions for advanced batteries, crop protection, aquaculture, wastewater and carbon reduction. Despite COVID-19, the company continued to grow sales from its municipal and industrial customers which are considered an essential service. 

In HY21, the company’s total revenue increased 114% to $16.27 million while…

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