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.

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Extreme Networks (EXTR) reachead $16.42 at the closing of the latest trading day, reflecting a +1.17% change compared to its last close.

Extreme Networks (EXTR) Surpasses Market Returns: Some Facts Worth Knowing

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Extreme Networks (EXTR) shares tumbled over 7% Tuesday after the networking solutions firm slashed its current quarter guidance as customers held off making new purchases. The company also announced changes in its executive leadership.

Extreme Networks Stock Drops Over 7%—Here's Why

Extreme Networks shares EXTR, +2.28% edged down 5.9%, to $16.47 in after-hours trading Monday after the company lowered its second-quarter revenue outlook.

Extreme Networks shares slide 6% following lowered outlook

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has elevated Norman Rice to the role of Chief Commercial Officer.

Extreme Networks Strengthens Executive Leadership Team

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced a business update on the financial results for its second quarter ended December 31, 2023. The company will report its full second fiscal quarter earnings results on January 31, 2024. Second quarter revenues are now expected to be approximately $294 to $297 million, compared to the prior outlook of $312 to $327 million. The company expects annualized subscription and support.

Extreme Networks Provides Update to Q2 Outlook

Extreme Networks just outlined a -50% selloff, which seems excessive given past operating results and forward growth prospects. The stock should benefit from its potential as an AI puzzle piece for customers. An 11% free cash flow yield and ultra-low PEG valuation ratio are very attractive vs. industry peers.

The Bottom Fishing Club: Extreme Networks

Extreme Networks (EXTR) closed the most recent trading day at $17.73, moving +0.51% from the previous trading session.

Here's Why Extreme Networks (EXTR) Gained But Lagged the Market Today

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced that Monica Kumar has been appointed as the company's new Executive Vice President and Chief Marketing Officer.

Extreme Networks Appoints Monica Kumar as Chief Marketing Officer

In the most recent trading session, Extreme Networks (EXTR) closed at $17.89, indicating a -0.61% shift from the previous trading day.

Extreme Networks (EXTR) Stock Dips While Market Gains: Key Facts

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In the most recent trading session, Extreme Networks (EXTR) closed at $16.14, indicating a +0.19% shift from the previous trading day.

Why the Market Dipped But Extreme Networks (EXTR) Gained Today

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme and Retail Systems Research today released the results of a report that surveyed retailers on main technology challenges and opportunities.

RSR and Extreme Networks Report: 63% of Financially Lucrative Retailers Say Wi-Fi Has Dramatically Improved Store Operations and Customer Experiences

Extreme Networks reported strong Q1 '24 earnings, beating expectations with revenue growth and improved margins. The market reacted negatively to weak guidance, leading to a significant drop in share price. Despite short-term volatility, EXTR's long-term outlook remains strong, especially in the cloud and AI/ML sectors.

Extreme Networks: Thanks To The Extreme Overreaction, I Opened A Position Early (Rating Upgrade)

Extreme Networks (EXTR) reachead $16.14 at the closing of the latest trading day, reflecting a -1.71% change compared to its last close.

Extreme Networks (EXTR) Stock Falls Amid Market Uptick: What Investors Need to Know

Extreme Networks has revised its growth expectations for fiscal year 2024, anticipating mid-to-high single-digit growth instead of mid-double-digit growth. EXTR is facing challenges with existing orders and inventory, as well as macroeconomic conditions in the EMEA region. Despite the slowdown in growth, there is still potential for margin expansion through supply chain normalization and the transition to the Universal platform.

Extreme Networks: The Market May Be Too Pessimistic

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MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced its investor conference schedule for November and December 2023.

Extreme Networks Announces Investor Conference Schedule for November and December 2023

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Is Extreme Networks' forecast a sign of industry woes?

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Extreme Networks reported strong Q1 2024 results, beating Wall Street expectations. The company's stock still plummeted due to disappointing next-quarter guidance.

Why Extreme Networks Stock Fell 13% Today

Extreme Networks, Inc. (NASDAQ:EXTR ) Q1 2024 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants Stan Kovler – Vice President-Corporate Strategy and Investor Relations Ed Meyercord – Chief Executive Officer Kevin Rhodes – Chief Financial Officer Conference Call Participants Alex Henderson – Needham Eric Martinuzzi – Lake Street Capital Markets Timothy Horan – Oppenheimer Dave Kang – B. Riley Christian Schwab – Craig-Hallum Greg Mesniaeff – West Park Capital Mike Genovese – Rosenblatt Securities Operator Good day and thank you for standing by.

Extreme Networks, Inc. (EXTR) Q1 2024 Earnings Call Transcript

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. today released financial results for its first quarter ended September 30, 2023.

News for Extreme Networks Stock (EXTR)