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.

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, 2023. The company will announce before market open on Wednesday, April 26, 2023, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, April 26 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.

Extreme Networks Schedules Third Quarter Fiscal 2023 Financial Results Conference Call

Extreme Networks, Inc. has proven the ability to sustain revenue growth in the high single-digits. Extreme Networks trades at just above 2x EV/Sales, which is clearly justified by their margin profile and growth prospects.

Extreme Networks: Strong Growth And Good Leadership Make It A Buy

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme has completed Wi-Fi 6 network deployments at five NASCAR racetracks, including Daytona International Speedway.

Extreme Completes Largest Outdoor Wi-Fi 6 Deployment in U.S. at Daytona International Speedway

Extreme Networks Appoints Justin Hurst to Head of Office of the CTO, APAC

Spending cuts and layoffs are continually making headlines as the economy contracts. Some of the most prominent household names have announced plans or implemented layoffs.

Why Extreme Networks is a Recession-Proof Technology Play

The provider of high-speed networking solutions crushed analyst targets in the second quarter, set up bullish revenue guidance for the following report -- and took a double-digit percentage cut to its stock price.

Why Extreme Networks Stock Took a Dive Today

Extreme Networks, Inc. (NASDAQ:EXTR ) Q2 2023 Earnings Conference Call January 25, 2023 8:00 AM ET Company Participants Stanley Kovler - Vice President of Strategy & IR Ed Meyercord - President & CEO Cristina Tate - Interim CFO Conference Call Participants Alex Henderson - Needham Eric Martinuzzi - Lake Street Capital Mike Genovese - Rosenblatt Securities Greg Mesniaeff - West Park Capital Dave Kang - B. Riley Tyler Burmeister - Craig-Hallum Operator Good day, and thank you for standing by.

Extreme Networks, Inc. (EXTR) Q2 2023 Earnings Call Transcript

Extreme Networks (EXTR) delivered earnings and revenue surprises of 12.50% and 4.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks (EXTR) Tops Q2 Earnings and Revenue Estimates

MORRISVILLE, N.C.--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that its CFO, Rémi Thomas, has accepted a position at a privately held software company and will resign from his position at Extreme. Thomas will remain with Extreme until February 16, 2023.

Extreme Networks Announces CFO Transition

MORRISVILLE, N.C.--( BUSINESS WIRE )--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second fiscal quarter ended December 31, 2022.

Extreme Networks Reports Second Quarter Fiscal Year 2023 Financial Results

Extreme's wired and wireless network infrastructure equipment together with its cloud-centric solutions can improve the operating efficiency of customers. Its products are competitively well positioned and it is making progress in its supply chain for sourcing components from China and Taiwan.

Extreme Networks: Competitive With Pricing Power, But Wait For Supply Chain Update

MORRISVILLE, N.C.--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that customers worldwide – including Germany's highest mountain resort, the cities of Memphis and Milwaukee, a leading school district in Green Bay, Wisconsin, a major healthcare provider in Belgium and Harry Reid International Airport in Las Vegas – are leveraging Extreme's network fabric solutions to create secure, flexible, high-performing networks.

Extreme Fabric Solutions Help Global Organizations Scale Operations and Improve Time to Revenue

MORRISVILLE, N.C.--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its second fiscal quarter, ended December 31, 2022. The company will announce before market open on Wednesday, January 25, 2023, followed by an earnings conference call and webcast at 8:00 a.m. ET.

Extreme Networks Schedules Second Quarter Fiscal 2023 Financial Results Conference Call

MORRISVILLE, N.C.--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has been named as a Leader by Gartner, Inc. for the fifth consecutive year in the Gartner Magic Quadrant for Enterprise Wired and Wireless Local Access Network (LAN) Infrastructure, published on December 21, 2022, authored by Mike Toussaint, Christian Canales and Tim Zimmerman.

Extreme Networks Named a Leader in 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for Fifth Consecutive Year

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

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