Extreme Networks

Extreme Networks, Inc. engages in providing software driven networking solutions for enterprise, data center, and service provider customers. The firm designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls. Its products include Extreme Applications, Extreme Switching, Extreme Routing and Extreme Mobility. The company was founded in May 1996 and is headquartered in Morrisville, NC.

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Extreme Networks Reports Record Q3 Results, Forecasts Accelerated Growth

Extreme Networks anticipates total revenue growth to accelerate to over 20% from the prior year and reiterates long-term growth outlook in the mid-teens through fiscal 2025. They are reinforcing their outlook of revenue growth through fiscal 2025 and expecting mid-single digit growth in the overall industry.

Extreme Networks reports record quarter, raises outlook on cloud demand

Extreme Networks had a stellar quarter marked by record revenue, strong cash flow, and a bolstered go-to-market organization. The company's strategic focus on cloud solutions and universal platforms is paying off, with expectations of continued growth and innovation in the coming quarters.

Extreme Networks reports record Q3 results and eyes future growth

Extreme Networks delivered strong financial performance in Q3 2023, with record revenue and operating margin.
The company's strategic focus on market share gains, partnerships, and simplicity in solutions bodes well for future growth.
Despite challenges and analyst inquiries, Extreme Networks remains optimistic about revenue growth and market opportunities.

Extreme Networks excels in Q4, eyes subscription growth and innovation

Extreme Networks delivered robust financial performance, exceeding revenue expectations and showcasing strong EPS growth.
The company's strengths lie in its innovative solutions, key client wins, and strategic plans for subscription business expansion.
Challenges include transitioning to a subscription model and managing backlog normalization, with a focus on future competition.
Opportunities abound in scaling subscriptions, driving order growth, and investing in disruptive technologies for sustained competitiveness.

Extreme Networks excels in Q1 2024, eyes growth opportunities

Extreme Networks' Q1 2024 performance showcased strong revenue and EPS growth, driven by cloud adoption and strategic initiatives.
While facing challenges from market shifts and competitor actions, the company is realigning resources for profitability and growth.
Opportunities lie in returning to strong top-line growth, investing in new markets, and maintaining operational efficiency for sustained success.
Overall, Extreme Networks remains focused on delivering value, flexibility, and growth for its customers and shareholders.

Extreme Networks meets Q2 expectations, eyes growth opportunities ahead

Extreme Networks is on track with revenue and margin improvements, focusing on recurring revenue. The company is expanding its go-to-market opportunities and introducing new products to drive growth. Challenges lie in normalizing revenue and growth rates, but opportunities exist in market share gains and maintaining strong margins.

Extreme Networks reports strong Q3 results and eyes market opportunities

Extreme Networks delivered a solid performance in Q3, with strong revenue growth and strategic wins across different sectors and regions.
Despite challenges such as inventory management and market uncertainties, the company remains optimistic about its competitive position and growth prospects.
By leveraging its strengths in technology differentiation, customer relationships, and market positioning, Extreme Networks is poised to capitalize on emerging opportunities.
Overall, Extreme Networks' focus on innovation, customer-centric approach, and resilience in a competitive landscape bode well for its future growth and success.

Extreme Networks excels in Q4 2024, eyes global growth

Extreme Networks delivered a strong performance in Q4 2024, showcasing growth in order volume, ARR from software subscriptions, and positive feedback on its solutions.
Despite challenges such as competitive displacements and market dynamics, the company's strategic focus on networking and long-term support positions it for continued success.
With opportunities in expanding market share, AI functionality, and global growth, Extreme Networks remains confident in driving double-digit long-term growth and innovation.

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Extreme Networks, Inc. engages in the provision of cloud networking solutions and industry services and support. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD-WAN) infrastructure equipment, software and cloud-based network management solutions. The company was founded in May 1996 and is headquartered in Morrisville, NC.

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired Extreme Networks, Inc. (“Extreme” or the “Company”) (NASDAQ: EXTR) securities between July 27, 2022 and January 30, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company's investors under the federal securities laws.

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Extreme Networks, Inc. (EXTR)

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Extreme Networks business and prospects, resulting in its stock trading at inflated prices.

EXTR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Extreme Networks, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit

SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Extreme Networks, Inc. (NASDAQ: EXTR) common stock between July 27, 2022 and January 30, 2024, inclusive (the “Class Period”), have until October 15, 2024 to seek appointment as lead plaintiff of the Extreme Networks class action lawsuit. Captioned Steamfitters Local 449 Pension & Retirement Security Funds v. Extreme Networks, Inc., No. 24-cv-05102 (N.D. Cal.), the Extreme Networks class action lawsuit charges Extreme Networks and certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.

EXTR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Extreme Networks, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the Extreme Networks Class Action Lawsuit

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced its investor conference schedule for August and September 2024.

Extreme Networks Announces Investor Conference Schedule for August and September 2024

Extreme Networks, Inc (NASDAQ:EXTR ) Q4 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Stan Kovler - Vice President of Corporate Development and Investor Relations Edward Meyercord - President, Chief Executive Officer Kevin Rhodes - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets David Kang - B. Riley Christian Schwab - Craig Hallum Timothy Horan - Oppenheimer David Vogt - UBS Operator Ladies and gentlemen, thank you for standing by.

Extreme Networks, Inc (EXTR) Q4 2024 Earnings Call Transcript

Extreme Networks (EXTR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.13. This compares to earnings of $0.33 per share a year ago.

Extreme Networks (EXTR) Reports Q4 Loss, Tops Revenue Estimates

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has completed the deployment of a high-speed Wi-Fi network at Anfield, home of Liverpool Football Club (LFC).

Liverpool Football Club Completes Deployment of New Cloud-Managed High-Speed Wi-Fi from Extreme Networks at Anfield

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fourth quarter and fiscal year ended June 30, 2024. "We're pleased to see strengthening global demand and to have moved past the historic challenges of the multi-year supply chain constraints. We successfully completed our initiatives to eliminate channel and inventory headwinds. Entering fiscal 2025, we have a significant growth opportunity based on the rapid convergen.

Extreme Networks Reports Fourth Quarter and Fiscal Year 2024 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme has formed a co-innovation alliance with the Intel® Connectivity Analytics Program to enhance AI capabilities within Extreme AI Expert.

Extreme Networks and Intel Join Forces to Drive AI-Centric Product Innovation

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced plans to release financial results for its fourth fiscal quarter and fiscal year ended June 30, 2024.

Extreme Networks Schedules Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call

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MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced its investor conference schedule for May and June 2024.

Extreme Networks Announces Investor Conference Schedule for May and June 2024

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third quarter ended March 31, 2024. "Extreme's focus on the intersection of networking, security, and AI is creating a compelling value proposition that's resonating with customers and driving significant traction in our business. Net new logos grew double-digits this quarter, particularly in the Americas. Our SaaS ARR grew again by 38%, as we continue to deliver on our.

Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results

FORT WORTH, Texas--(BUSINESS WIRE)--Extreme Networks today announced the launch of Extreme Labs: a new hub for research, development and innovation in networking.

Extreme Introduces Extreme Labs: A Hub for Research, Development and Innovation in Networking

Extreme Networks Inc. NASDAQ: EXTR is a cloud-driven networking solutions provider that serves three seemingly “recession-proof” industries: government, education and healthcare. With nearly 40% of their revenues coming from government and education, this computer and technology sector company should fare relatively well even in uncertain macroeconomic conditions.

Extreme Networks Snags an Upgrade on Inventory Normalization

FORT WORTH, Texas--(BUSINESS WIRE)--Extreme Networks today announced that it's the first vendor with outdoor Wi-Fi 6E deployments to receive a standard power grant.

Extreme Networks Revolutionizes Outdoor Connectivity with Wi-Fi 6E Certification

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks' popular annual user conference, Extreme Connect, will be held at the Omni Fort Worth from April 22-25, 2024.

Experience the Intersection of AI, Networking and Security at Extreme Connect in Fort Worth, Texas, April 22-25, 2024

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its third fiscal quarter, ended March 31, 2024. The company will announce before market open on Wednesday, May 1, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, May 1, 2024 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in: To a.

Extreme Networks Schedules Third Quarter Fiscal 2024 Financial Results Conference Call

In the most recent trading session, Extreme Networks (EXTR) closed at $11.19, indicating a -1.58% shift from the previous trading day.

Extreme Networks (EXTR) Declines More Than Market: Some Information for Investors

Extreme Networks (EXTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Extreme Networks, Inc. (EXTR) is Attracting Investor Attention: Here is What You Should Know

Extreme Networks (EXTR) closed at $11.45 in the latest trading session, marking a -1.89% move from the prior day.

Extreme Networks (EXTR) Falls More Steeply Than Broader Market: What Investors Need to Know

Extreme Networks (EXTR) closed at $11.71 in the latest trading session, marking a +1.04% move from the prior day.

Why Extreme Networks (EXTR) Outpaced the Stock Market Today

Recently, Zacks.com users have been paying close attention to Extreme Networks (EXTR). This makes it worthwhile to examine what the stock has in store.

Extreme Networks, Inc. (EXTR) Is a Trending Stock: Facts to Know Before Betting on It

Extreme Networks (EXTR) concluded the recent trading session at $11.77, signifying a -1.18% move from its prior day's close.

Extreme Networks (EXTR) Stock Drops Despite Market Gains: Important Facts to Note

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has been named as a Leader by Gartner, Inc. in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure.

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