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.

READING, England--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced the deployment of a new Wi-Fi 6 wireless network for UK-based City, University of London, providing connectivity to over 18,000 students ​​and 2,000 staff. The new infrastructure includes the ExtremeCloud™ IQ platform, which simplifies network management and provides the IT team with full visibility and advanced analytics around network performance, usage and security. ExtremeCloud IQ also delivers insights that will help the university improve the student experience and drive operational efficiencies.

City, University of London Modernizes Wireless Campus Infrastructure with Extreme Networks

Extreme Networks offers cloud management, wireless, routing, and many other network products and services. Besides, from 2022 to 2025, the company expects to invest resources in ExtremeCloud SD-WAN, WAN EDGE, and other technologies, which may enlarge the list of products offered to consumers.

Extreme Networks: More Cloud Offerings Could Make The Price Spike Up

Extreme Networks, Inc. (NASDAQ:EXTR ) Q1 2023 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Stanley Kovler - Vice President of Strategy & Investor Relations Ed Meyercord - President & Chief Executive Officer Rémi Thomas - Executive Vice President & Chief Financial Officer Conference Call Participants Alex Henderson - Needham Eric Martinuzzi - Lake Street Capital Paul Silverstein - Cowen Mike Genovese - Rosenblatt Securities Dave Kang - B. Riley Christian Schwab - Craig-Hallum Operator Ladies and gentlemen, thank you for standing by and welcome to the Extreme Networks Q1 FY '23 Financial Results Conference Call.

Extreme Networks, Inc. (EXTR) Q1 2023 Earnings Call Transcript

Extreme Networks (EXTR) delivered earnings and revenue surprises of 11.11% and 4.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks (EXTR) Q1 Earnings and Revenues Beat Estimates

Extreme Networks Reports First Quarter Fiscal Year 2023 Financial Results

Extreme Networks Announces Investor Conference Schedule for November and December 2022

E-Rate Eligible Solutions from Extreme Help Bridge Digital Divide and Create Modern Learning Environments

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter, ended September 30, 2022. The company will announce before market open on Thursday, October 27, 2022, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Thursday, October 27 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in

Extreme Networks Schedules First Quarter Fiscal 2023 Financial Results Conference Call

Verizon

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has selected Verizon Business as its partner to deploy wireless connectivity solutions at Liverpool FC's Anfield Stadium.

Extreme to Modernize the In-Stadium Experience for Liverpool FC Fans, Deployment Led by Verizon Business

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced Pete Brant, a proven leader with deep experience in networking and cybersecurity, will join Extreme as Senior Vice President of U.S. Sales. Paul Semak, who joined Extreme in 2018, has been named Senior Vice President of Americas International, and will lead the company's sales efforts across Canada and Latin America (LATAM). Together, the pair will help Extreme capitalize on

Extreme Extends Americas Sales Leadership Team to Capitalize on Market Opportunity

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has strengthened its leadership team in the Asia Pacific (APAC) region. Jeff Hurmuses has been promoted to Senior Vice President, APAC, Freddy Wang has been hired as the Country Sales Director for Taiwan and Makoto Naito is leading Extreme's sales efforts in Japan. As senior vice president of APAC, Hurmuses will manage sales operations and continue to drive growth for Extr

Extreme Strengthens APAC Leadership Team

MORRISVILLE, N.C.--(BUSINESS WIRE)--MiLB has selected Extreme Networks as an Official Technology Innovation Partner, supporting the testing of new stadium and in-game technologies.

Extreme and Minor League Baseball to Push the Boundaries of In-Stadium Technology with New Partnership

Cisco Systems

Digi

The Zacks Computer - Networking industry players like CSCO, EXTR and DGII are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart networking.

3 Stocks to Watch for in a Prospering Networking Industry

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today introduced the Extreme AP5050: the industry's first outdoor Wi-Fi 6E Outdoor Access Point (AP) optimized for deployment across outdoor venues, convention centers, hospital and university campuses and large stadiums, among others. The AP5050 delivers enhanced wireless experiences, faster speeds and reduced interference and enables large outdoor venues to operate across up to three times

Extreme Networks Introduces Industry's First Outdoor Wi-Fi 6E Access Point

AVON, Ohio--(BUSINESS WIRE)-- #Winning--Jenne, Inc. recognized as Americas Distributor of the Year during Ignite, Extreme Networks' first combined global sales and partner conference.

Jenne, Inc. Honored as Americas Distributor of the Year at Extreme Networks Partner Conference

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a cloud networking company, today announced its investor conference schedule for August and September 2022: KeyBanc 2022 Technology Leadership Forum Stan Kovler, VP Corporate Strategy & Investor Relations Vail, CO Monday, August 8, 2022 Deutsche Bank 2022 Technology Conference Rémi Thomas, CFO Las Vegas, NV Thursday, September 1, 2022 Citi 2022 Global Technology Conference Rémi Thomas, CFO New York, NY Thursday, Sept

Extreme Networks Announces Investor Conference Schedule for August and September 2022

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced it has promoted three product leaders into new executive positions.

Extreme Strengthens Product Leadership Team with Promotion of Key Leaders

BOSTON--(BUSINESS WIRE)--Extreme today introduced new programs that give partners a competitive advantage in selling and deploying Extreme solutions.

Extreme Networks Enriches Partner Program with New Perks and Benefits

Start Time: 08:00 January 1, 0000 8:58 AM ET Extreme Networks, Inc. (NASDAQ:EXTR ) Q4 2022 Earnings Conference Call July 27, 2022, 08:00 AM ET Company Participants Ed Meyercord - President and CEO Rémi Thomas - CFO Stan Kovler - VP of Strategy and IR Conference Call Participants Alex Henderson - Needham & Company Mike Genovese - Rosenblatt Securities Eric Martinuzzi - Lake Street Capital Markets Dave Kang - B. Riley Operator Good day and thank you for standing by.

Extreme Networks, Inc. (EXTR) CEO Ed Meyercord on Q4 2022 Results - Earnings Call Transcript

Extreme Networks (EXTR) delivered earnings and revenue surprises of 0% and 2.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks (EXTR) Matches Q4 Earnings Estimates

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth fiscal quarter ended June 30, 2022. Fiscal Year 2022 Results: Revenue $1.1 billion, up 10% from $1.0 billion in fiscal 2021 GAAP EPS $0.33, up from $0.02 in fiscal 2021 Non-GAAP EPS $0.77, up from $0.57 in fiscal 2021 GAAP operating margin 5.8% up from 3.4% in fiscal 2021 Non-GAAP operating margin 12.2% up from 10.9% in fiscal 2021 Executed $45.0

Extreme Networks Reports Fiscal Year and Fourth Quarter 2022 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a cloud networking company, today announced plans to release financial results for its fourth fiscal quarter, ended June 30, 2022, and fiscal year end 2022. The company will announce before market open on Wednesday, July 27, 2022, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, July 27 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetwo

Extreme Networks Schedules Fourth Fiscal Quarter and Year End 2022 Financial Results Conference Call

Extreme Networks (EXTR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Extreme Networks (EXTR) Stock Jumps 12.8%: Will It Continue to Soar?

LICHTENVOORDE, Netherlands--(BUSINESS WIRE)--Extreme will play a significant role in powering wired and wireless connectivity for Zwarte Cross, the world's largest motocross event.

Extreme Headlines Connectivity at World's Largest Music and Motocross Event

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.

News for Extreme Networks Stock (EXTR)