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) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Extreme Networks (EXTR)

Extreme Networks (EXTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Extreme Networks (EXTR) Upgraded to Strong Buy: Here's What You Should Know

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Here is Why Growth Investors Should Buy Extreme Networks (EXTR) Now

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MORRISVILLE, N.C.--(BUSINESS WIRE)--Red Devils fans attending matches at Old Trafford this season will experience fast new Wi-Fi from Extreme Networks.

Manchester United Unleashes High-Speed Fan-Facing Extreme Networks Wi-Fi at Old Trafford

Extreme Networks (EXTR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Extreme Networks, Inc. (EXTR) Hit a 52 Week High, Can the Run Continue?

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

Extreme Networks Announces Investor Conference Schedule for August and September 2023

“We're just getting warmed up,” says Ed Meyercord, CEO of Extreme Networks Inc. NASDAQ: EXTR. He spoke with MarketBeat after the company's fiscal fourth-quarter report, which topped Wall Street views and sent the stock's price 8.49% higher.

Extreme Networks Leaps 8% As Q4 Earnings More Than Double

Extreme Networks, Inc. (NASDAQ:EXTR ) Q4 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Stan Kovler – Head-Investor Relations Ed Meyercord – President and Chief Executive Officer Kevin Rhodes – Chief Financial Officer Conference Call Participants Alex Henderson – Needham Timothy Horan – Oppenheimer Eric Martinuzzi – Lake Street Capital Markets Christian Schwab – Craig-Hallum Dave Kang – B. Riley Greg Mesniaeff – West Park Capital Mike Genovese – Rosenblatt Securities Operator Good morning, ladies and gentlemen thank you for standing by.

Extreme Networks, Inc. (EXTR) Q4 2023 Earnings Call Transcript

Extreme Networks (EXTR) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.15 per share a year ago.

Extreme Networks (EXTR) Surpasses Q4 Earnings and Revenue Estimates

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today released financial results for its fiscal year and fourth quarter ended June 30, 2023.

Extreme Networks Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Extreme Networks' (EXTR) fiscal fourth-quarter 2023 performance is expected to reflect the growing demand for its cloud and network solutions and an expanding clientele.

Extreme Networks (EXTR) to Report Q4 Earnings: What's in Store?

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Both Nokia's and Extreme Networks' stocks have seen recent downsides, possibly indicating a sector weakness in demand due to macroeconomic uncertainty and high customer inventories. Despite supply constraints, Extreme has managed to deliver a three-year CAGR growth and is expected to grow by 15% to 17% through fiscal 2025. The company's stock seems fairly valued, but factors such as a potential increase in the dollar's value and higher distribution costs could impact long-term gross margins.

Extreme Networks: Adopting Caution Following Nokia's Dim Outlook

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its fourth fiscal quarter, ended June 30, 2023, and fiscal year-end 2023. The company will announce before market open on Wednesday, August 2, 2023, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, August 2 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremen.

Extreme Networks Schedules Fourth Fiscal Quarter and Year End 2023 Financial Results Conference Call

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Shares gapped up 3.75% on June 12, in double average trading volume, after boutique investment bank Rosenblatt Securities boosted its price target. A glance at MarketBeat's Extreme Networks analyst ratings shows Rosenblatt increasing its target to $30 from $23, a premium of nearly 25% above the stock's June 12 closing price of $24.07.

Extreme Networks Surges 15.86% In May, Continues Momentum In June

Extreme Networks, Inc. is a $2.8 billion market-cap networking company that specializes in providing software-driven solutions for enterprise and service provider networks. I like the way the company's balance sheet looks, bookings, revenue momentum, and margin expansion. In terms of FCF, EXTR stock looks undervalued when we consider that gross margin and EBIT margin are expected to increase by 90 and 80 basis points in Q4 [QoQ].

Extreme Networks Looks Undervalued Based On FCF And EBITDA

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EXTR and LECO are at new highs after breaking out of bases. Both are also trading at all time highs with strong ratings.

News for Extreme Networks Stock (EXTR)