By Connor Hart

Calix forecast second-quarter results ahead of expectations, citing the strength of customer deployments in the recent quarter and improved visibility. The outlook, which called for adjusted per-share earnings of 18 cents to 24 cents and sales of $221 million to $227 million, came as the broadband-software company logged adjusted earnings that beat analyst expectations and sequential growth in sales in the first quarter. Shares climb 14%, to $38.06, in postmarket trading.

AZZ posted lower revenue in its fiscal fourth quarter as lower end-market demand in transportation and unfavorable weather pressured volumes. The provider of hot-dip galvanizing and coil-coating solutions said revenue fell 4% to $351.9 million, behind analyst forecasts of $378 million. Profit rose to $20.2 million from $14.3 million. The midpoint of the company's outlook for fiscal 2026 sales was in line with expectations. Shares fall 7.6%, to $71.75, in after-hours trading.

Flexsteel Industries reported quarterly sales at the higher end of its forecast, even as it expects a downbeat view for the furniture industry due to tariff concerns. The company swung to a loss for its quarter ended March 31, though revenue rose thanks to new products and share gains with strategic accounts that helped drive growth in core markets, Chief Executive Derek Schmidt said. For its fiscal 2025, Flexsteel now expects sales growth between 5.5% to 7.2%, lowering the upper end of its previous range from 8%. Shares rise 8.4%, to $34.63, in postmarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 21, 2025 19:48 ET (23:48 GMT)

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