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.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks has been named as a five-time consecutive Gartner Peer Insights Customers' Choice for Wired and Wireless LAN Access Infrastructure.

Extreme Named a 2022 Gartner Peer Insights Customers' Choice for Wired and Wireless LAN Access Infrastructure for Fifth Consecutive Year

Extreme Networks (EXTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Extreme Networks (EXTR) Moves 6.1% Higher: Will This Strength Last?

NASHVILLE, Tenn.--(BUSINESS WIRE)--Extreme Networks today introduced a suite of new solutions, creating new ways for customers to drive better outcomes from their networks.

Extreme Networks Makes Networking More Flexible, Intelligent and Secure with Suite of New Solutions

Investors need to pay close attention to Extreme Networks (EXTR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Extreme Networks (EXTR) Stock?

MORRISVILLE, N.C.--(BUSINESS WIRE)--Some of the world's most famous resorts and casinos are leveraging Extreme's solutions to streamline operations and improve guest experiences.

World Famous Casinos and Resorts Upgrade Guest Experiences, Streamline Operations and Ensure Secure Connectivity with Extreme Networks

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks announced Liverpool FC has selected Extreme as its Official Wi-Fi Network Solutions Provider and Official Wi-Fi Analytics Provider.

Liverpool Football Club Selects Extreme to Kick Up Fan Experiences at Historic Anfield Stadium

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that its Board of Directors has authorized an increase to our share repurchase authorization to $200 million over a three-year period beginning in the company's upcoming fiscal year commencing July 1, 2022. The new authorization reflects Extreme's commitment to a capital allocation policy that offsets dilution from equity incentive programs to maintain a neutral share count.

Extreme Networks Announces New $200M Share Repurchase Program

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking solutions, today announced that its annual user conference, Extreme Connect, will be held in-person at the Omni Nashville Hotel from June 6-9. 2022. There will also be a live virtual broadcast taking place on June 7, as well as on-demand virtual content available to all attendees. Conference attendees will gain insights into Extreme's roadmap, hear from keynote speakers, including Extreme exec

Extreme Networks “Connect” User Conference Returns to Nashville June 6-9

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has selected Verizon Business (Nasdaq: VRZN) as its deployment partner to roll out wireless connectivity solutions for Manchester United at Old Trafford Stadium, as part of Extreme's partnership with the EPL club. Scheduled to begin later this year, the deployment will provide Manchester United fans with fast, reliable Wi-Fi capabilities and increase the Club's ability to d

Extreme Teams up with Verizon Business to Refashion Old Trafford Stadium with Fast and Reliable Connectivity

Investors were disappointed with the company's latest guidance.

Why Extreme Networks Stock Slumped Today

Extreme Networks, Inc. (NASDAQ:EXTR ) Q3 2022 Earnings Conference Call April 27, 2022 8:00 AM ET Company Participants Edward Meyercord – President & Chief Executive Officer Remi Thomas – Chief Financial Officer Stanely Kovler – Vice President of Strategy & Investor Relations Conference Call Participants Alex Henderson – Needham Eric Martinuzzi – Lake Street Dave Kang – B. Riley Christian Schwab – Craig-Hallum Operator Good day and thank you for standing by.

Extreme Networks, Inc. (EXTR) CEO Edward Meyercord on Q3 2022 Results - Earnings Call Transcript

Extreme Networks (EXTR) delivered earnings and revenue surprises of 16.67% and 1.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks (EXTR) Tops Q3 Earnings and Revenue Estimates

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third fiscal quarter ended March 31, 2022. Fiscal Third Quarter Results: Revenue $285.5 million, up 13% year-over-year, and up 2% quarter-over-quarter SaaS ARR* $97 million, up 54% year-over-year, and up 10% quarter-over-quarter GAAP EPS $0.10, up from $0.03 in Q3 last year Non-GAAP EPS $0.21, up from $0.16 in Q3 last year GAAP gross margin 56.5% compared to 58.7% in Q3

Extreme Networks Reports Third Quarter Fiscal Year 2022 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for May and June 2022: Extreme Networks 2022 Investor Day Wednesday, May 18, 2022 8:30 AM ET Presentation Major League Baseball Headquarters, New York City Ed Meyercord, President and CEO Rémi Thomas, Chief Financial Officer (CFO) Nabil Bukhari, Chief Technology (CTO) and Chief Product Officer (CPO) Norman Rice, Chief Operating Officer (COO) Jo

Extreme Networks Investor Day and Investor Conference Schedule for May and June 2022

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, 2022. The company will announce results before market open on Wednesday, April 27, 2022, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, April 27 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial

Extreme Networks Schedules Third Quarter Fiscal 2022 Financial Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme today announced that customers are reaping significant benefits with Wi-Fi 6E and expanded its Wi-Fi 6E portfolio with the AP5010.

Extreme Progresses Patient Care and Customer Experiences With High-Performance, Secure Wi-Fi 6E Solutions

MORRISVILLE, N.C., Feb. 23, 2022 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud-driven networking solutions, today announced it will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 7–8, 2022.

Extreme Networks to Participate in the Morgan Stanley Technology, Media & Telecom Conference

SAN JOSE, Calif., Feb. 8, 2022 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) a leader in cloud-driven networking solutions, today announced that primary and secondary schools across the globe continue to select Extreme to create a foundation for modern, tech-based curriculums.

Extreme Advances Digital Learning in Primary and Secondary Schools Worldwide

SAN JOSE, Calif. , Feb. 2, 2022 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced new leadership across its global sales organization, naming Scott Peterson as Senior Vice President of Global Channel Sales and Mark Dellavalle as Senior Vice President of Global Systems Engineering.

Extreme Networks Bolsters Cloud, Service Provider Expertise with New Global Sales Leadership

Extreme Networks, Inc. (EXTR) CEO Edward Meyercord on Q2 2022 Results - Earnings Call Transcript

Extreme Networks (EXTR) delivered earnings and revenue surprises of 16.67% and 3.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks (EXTR) Q2 Earnings and Revenues Beat Estimates

MORRISVILLE, N.C., Jan. 27, 2022 /PRNewswire/ -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its second fiscal quarter ended December 31, 2021.

Extreme Networks Reports Second Quarter Fiscal Year 2022 Financial Results

SAN JOSE, Calif., Jan. 27, 2022 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced a multiyear partnership with Manchester United serving as the Club's Official Wi-Fi Network Solutions Provider and Official Wi-Fi Analytics Provider.

Manchester United Teams Up with Extreme Networks to Modernize In-Stadium Fan Experience

Extreme Networks (EXTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Extreme Networks (EXTR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

SAN JOSE, Calif., Jan. 12, 2022 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced plans to release financial results for its second fiscal quarter, ended December 31, 2021.

News for Extreme Networks Stock (EXTR)